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40 Workers Temporary Laid off at Special Metals

Tag Archive | "economic downturn"

40 Workers Temporary Laid off at Special Metals

Monday, January 24, 2011

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40 Workers Temporary Laid off at Special Metals

Special Metals Corp., a leading company that produces and supplies high-nickel, high-performance alloys worldwide, has temporarily laid off around 40 hourly workers due to lack of work at its manufacturing plant in Huntington, West Virginia. The company officials said that recall is still possible but it will depend on how busy the plant gets in [...]

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Illinois Cement to Cut 96 Workers

Tuesday, January 18, 2011

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Illinois Cement to Cut 96 Workers

Illinois Cement Company LLC, an Illinois-based private company under Masonry Cement, will remove around 96 plant workers at its manufacturing plant in La Salle, Illinois due to severe market conditions. The slated job cut is expected to be the first major layoff in the company’s plant in La Salle after operating in the area for [...]

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BigBand Networks to Slash 9% of its Staff

Thursday, January 13, 2011

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BigBand Networks to Slash 9% of its Staff

BigBand Networks Inc., a leading digital video networking company based in California, announced a plan to cut about 9% of its workforce worldwide, which represents around 40 employees, to reduce its expenses and generate more savings. The layoff is attributed to the decline in revenue during the last quarter of 2010. Based on the preliminary [...]

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Amarr Garage Doors Axed 19 Staff due to Seasonal Downturn

Friday, December 31, 2010

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Amarr Garage Doors Axed 19 Staff due to Seasonal Downturn

Amarr Garage Doors, one of the world’s leading designers, manufacturers and distributors of door access systems for residential and commercial establishments in the US, removed about 19 manufacturing workers in its 411,000-square-foot Lawrence, Kansas plant due to the industry-wide decline in demand. The company laid off 19 full-time workers in all three shifts at the [...]

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Yakima County Jail To Slash About 34 Staff

Friday, December 31, 2010

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Yakima County Jail To Slash About 34 Staff

About 34 workers face an impending layoff as Yakima County Jail in Washington announced a plan to slash its workforce before the year ends. The cuts will affect 29 corrections officers, five clerical employees and four office workers- all slated for layoff effective January 31, 2010. Ed Campbell, Corrections Director, said that the cuts are [...]

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Bergen Regional Medical Center to Slash Close to 50 Jobs

Thursday, December 23, 2010

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Bergen Regional Medical Center to Slash Close to 50 Jobs

Bergen Regional Medical Center, a premier hospital in Paramus, NJ is now planning to remove slightly under 50 hospital positions to mend the effect brought about by the reduction on federal and state reimbursement for charity care along with the enactment of the prohibition against entering into contracts with managed health care providers. The hospital [...]

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About 117 Workers to be Axed as SpectraWatt Closes Plant in Dutchess County, NY

Wednesday, December 22, 2010

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About 117 Workers to be Axed as SpectraWatt Closes Plant in Dutchess County, NY

Over 117 workers are now facing an impending layoff as SpectraWatt Inc., a US based manufacturer and distributor of high performance silicon solar cells for use in solar modules, announced a plan to close its solar cell plant in Dutchess County, New York. The closure is attributed to the recent declining demand for solar cells. The New [...]

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ZipRealty Inc. to Cut 129 Estate Agents

Wednesday, December 8, 2010

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ZipRealty Inc. to Cut 129 Estate Agents

After a recent real estate clash and economic recession, ZipRealty Inc., a national real estate company, announced its plan of removing around 129 real estate agents in its North Carolina headquarters. The job cuts will be concentrated in the company’s Raleigh and Charlotte offices since the state has not been profitable for the real estate [...]

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HP Removes Nearly 30 Workers in its Ocala Office

Wednesday, December 8, 2010

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HP Removes Nearly 30 Workers in its Ocala Office

Hewlett-Packard (HP), a multinational information technology corporation for personal computer products, axed around 30 employees and other contract workers in its office in Ocala, Florida. The laid off workers joined the growing numbers of people who are unemployed, which is currently around 18,000 in total. The IT company giant remained mum about the issue. HP [...]

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State Street Reorganizes, to Slash 1,400 Jobs

Thursday, December 2, 2010

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State Street Reorganizes, to Slash 1,400 Jobs

State Street Corporation, a financial holding company, announced its massive restructuring plan that includes elimination of around 1,400 workers, or 5% of its work force, and closure of some of its offices by the end of 2011. The bank did not elaborate how many of the job cuts will be in the US but the [...]

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