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Friday, March 23, 2018

New York Times To Slash 100 Newsroom Jobs In Streamlining

The New York Times is cutting a record high of jobs from the newsroom, amounting to 7.5 percent of the newsroom staff.

October 1, 2014

U.S. Jobless Claims Rise To 6-Week High

Washington (AFP) — Initial claims for U.S. unemployment insurance benefits rose to a six-week high last week but the overall trend continued to show a tightening labor market, government data showed Thursday. New jobless claims, a sign of the pace of layoffs, rose to 311,000 in the week ending August 9, up 21,000 from the […]

August 14, 2014

RadioShack Reports Big Loss, Will Close Up To 1,100 Stores

By Steve Kaskovich and Barry Shlachter, Forth Worth Star-Telegram FORT WORTH, Texas — RadioShack Corp. plans to close up to 1,100 stores after reporting a much wider fourth-quarter loss of $191.4 million on plunging sales. Total net sales for the three months ended Dec. 31 were $935.4 million, down 20 percent from $1.17 billion last […]

March 4, 2014

Unemployment Claims Rise and Layoffs Intensify

Unemployment claims rose this week, and the Wall Street Journal profiles a recent surge in firing at major firms: Companies are laying off employees at a level not seen in nearly a year, hobbling the job market and intensifying fears about the pace of the economic recovery. Cisco Systems Inc., Lockheed Martin Corp. and troubled […]

July 21, 2011