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Piper completes layoffs, cuts fewer jobs than expected

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Piper completes layoffs, cuts fewer jobs than expected

27. January 2012

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Piper Aircraft, Inc is a manufacturer of general aviation aircraft founded in 1927, located at the Vero Beach Municipal Airport in Vero Beach, Florida. Along with Beechcraft and Cessna, it is considered one of the “Big Three” in the field of general aviation construction. Now, Piper Aircraft Inc. completed its series of layoffs in connection [...]

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Beebe: Can’t block layoffs

27. January 2012

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State Rep. Bryan King, R-Green Forest, said Friday that he is asked Government. Mike Beebe to stop the pending layoffs of 36 employers at the Arkansas Forestry Commission in January. This is a great article written by Alison Sider and Michael Wickline on Friday, January 27, 2012, 7:51 a.m. Read the full article here: Beebe: [...]

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Tech ends long layoff by hosting winless Grambling State

27. January 2012

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A gallon of gas cost about a dollar, Michael Jackson’s “Thriller” topped the pop charts and the box-office smash “E.T.” was fascinating audiences nationwide. OK, maybe it only seems like it has been that long since the Texas Tech Basketball team played a home game. The Red Raiders (4-4) will tip off against Grambling State [...]

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Abbott Labs to Layoff 700

26. January 2012

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Abbott Labs to Layoff 700

The odds are that the majority of you are not familiar with the name Abbott Laboratories. After all it is not exactly a household name. For those of you who are not familiar with the company here is how they describe themselves on their about page: “We are a global, broad-based health care company devoted [...]

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Morgan Stanley to Layoff 1600 – Analyst Blog

12. January 2012

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Morgan Stanley to Layoff 1600 – Analyst Blog

In light of the continuing Eurozone crisis and in order to reduce costs for the upcoming year, Morgan Stanley has announced plans to lay off 1,600 workers in the first three months of 2012. With the exception of financial advisors for Morgan Stanley Smith Barney, the elimination plans will hit all divisions at all levels. [...]

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Layoffs still looming for Jackson workers

12. January 2012

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Layoffs still looming for Jackson workers

Notifications were recently sent to nearly 130 Jackson employees advising them of potential layoffs in the near term. The affected workers come from the engineering, inspection, animal inspection, planning and zoning, public works, and housing departments. Similar notices have previously been issued and it is unclear how many of the 130 will actually be terminated. [...]

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Expect More Layoffs In Finance Next Year

12. January 2012

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Expect More Layoffs In Finance Next Year

Despite generally improving U.S. domestic economic news, Chief Financial Officers at U.S. financial firms and U.S. media companies have announced an expectation that workforce reductions on Wall Street will continue through the coming year. Much of this pessimism stems from ongoing concerns about the Eurozone crisis and a still recovering U.S. economy. Surveys continue to [...]

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ProCAP announces layoffs to reorganize finances

12. January 2012

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ProCAP announces layoffs to reorganize finances

ProCAP (The Providence Community Action Program) has announced layoffs for 20 employees and filed for court protection in order to reorganize its finances. The move is expected to save nearly $995,000 and was deemed “unavoidable” by the interim executive director, Frank Shea. Programs to be eliminated include emergency housing assistance, consumer advocacy and transportation for [...]

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Piper Completes Final Layoffs

12. January 2012

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After announcing the termination of its light business jet program last October, Piper Aircraft has completed the final layoffs resulting from the move. Although 30 fewer jobs were cut than originally anticipated, Piper still released 55 contract employees and reduced its regular workforce by nearly 120. The company is planning to contribute between $5 and [...]

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Legacy Health May Layoff 400 Workers

12. January 2012

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A $40 million budget shortfall is forcing Legacy Health to cut up to 400 positions in the Portland area. CEO George Brown cited reduced provider reimbursements by the state Medicaid program as the overwhelming reason for the shortfall. Currently, Legacy employs close to 10,000 people in Oregon and Washington between six hospitals and 36 clinics. [...]

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