Layoffs - The Atlantic Wire

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Topic: Layoffs

Bank of America to Lay Off Its Own 1 Percent

Bank of America's plans to trim its workforce are nothing new, but the surprising thing about Tuesday's news of 2,000 layoffs in addition to the 30,000 the bank already announced is who the new cuts target: The bank's own top 1 percent of workers.

By Adam Martin

Apr 4, 2012

Yahoo Cut 14 Percent of its Workforce

Whatever factors are contributing to the recent U.S. job growth, Yahoo's clearly not one of them, as the firm announced on Wednesday that it was cutting 2,000 jobs, or 14 percent of its workforce.

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By Adam Martin

Mar 5, 2012

Wall Streeters May Soon Have Real Money Woes to Complain About

Sure, everybody had fun mocking bankers for complaining about losing their bonuses last week, but the high-finance types just got some legitimately troubling job news: A new estimate from a New York City budget watchdog says bonuses on the street fell by 25 percent, and lots of layoffs are just around the corner.

Comments | 734 Views

By Adam Martin

Jan 26, 2012

Famous Job-Search Website Cuts 400 Jobs

Irony alert: Monster.com says it's cutting 7 percent of its workforce (that's 400 jobs) after a crummy fourth quarter and dropping share prices.

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By Dino Grandoni

Jan 11, 2012

Layoffs Are Coming at Gilt Groupe

With rumors circulating of impending layoffs this morning, Business Insider confirms that 5 to 6 percent of the Gilt Groupe's workforce is going to be let go.

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By Adam Clark Estes

Dec 28, 2011

After Sale, New York Times Regional Employees Brace for Layoffs

'Layoff' is an understandably dirty word around The New York Times newsroom(s) these days.

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By Dashiell Bennett

Dec 5, 2011

On Tue., Nov. 22., US Postal workers pack up the Literberry, Illinois, Post Office, which has been permanently closed.

Postal Service Cuts Could Slow Down First-Class Mail

The U.S. Postal Service is preparing to announce to cuts of up to $6.5 billion a year from its overwhelmed budget, including a reduction of the speed of first-class mail, making it impossible for normal mail to be delivered in one day.

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By Adam Martin

Oct 20, 2011

Village Voice Media Sheds Voices

Times are tough if you happen to work at one of Village Voice Media's alt-weeklies, especially if you happen to hold the position of assistant calendar editor, which the chain of alt-weeklies has eliminated entirely.

Comments | 218 Views