Content Tagged As layoffs

9 months 2 weeks ago

Budget projections alarm sheriff

PUEBLO - As deputies move into the new Pueblo County Judicial Building this month to secure that facility ahead of an August opening, Sheriff Kirk Taylor is speaking out about suggested budget cuts that could force him to lay off employees next year. Taylor said he has told the County...

4 years 6 months ago

Steamboat Springs lays off 7 workers

Steamboat Springs has laid off seven full-time employees to help balance the city's budget. The Steamboat Pilot & Today reports that the employees were notified Monday. Last week, the city council gave initial backing to cutting spending on personnel by more than $700,000. The layoffs include three...

4 years 6 months ago

Economy loses 95K jobs in September

It's official--the jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s. A wave of government layoffs last month outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs. The Labor Department...

4 years 6 months ago

Firm to cut 150 jobs in Boulder

The Swedish-based telecommunications technology company Ericsson will cut 150 positions from its 180-employee office in Boulder in coming months. Company officials told the staff Tuesday the cuts were for budget and efficiency reasons. Ericsson spokesman Jimmy Duvall said the work is moving to other locations. Duvall says affected...

4 years 8 months ago

Worst unemployment report of the year released

New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the...

4 years 8 months ago

Focus on the Family lays off 110 employees

Focus on the Family has laid off 110 workers, leaving the conservative Christian group with about 750 employees. Focus spokesman Gary Schneeberger said Monday that 15 managers, including two senior executives, were among the layoffs. Most laid-off workers will still be on the payroll until Aug. 20. The...

4 years 10 months ago

Massive education cuts around the country

Deep cuts may be looming for the nation's public school students as budget crises are forcing teacher pink-slips, shuttered classrooms and school program cuts. New York public schools are $500 million short. Illinois will cut 12,600 education jobs and in California 23-thousand teacher layoff notices have already been sent...

4 years 11 months ago

Pfizer to close plants, cut 6,000 jobs

Drugmaker Prizer plans to cut 6.000 workers over the next five years, and close plants, as it consolidates with Wyeth. Pfizer purchased Wyeth last year. The plant closures will be in the United States, Ireland and Puerto Rico. The closures come on top of cuts announced in November.

4 years 11 months ago

New federal law forces 2,500 layoffs

A new law that cuts banks out of the federal student loan business is costing 2,500 workers at Sallie Mae their jobs. The nation's largest student lender has told 1,200 staffers in service centers in Killeen, Texas, and Panama City, Fla., they will lose their jobs by year-end. The...

5 years 1 week ago

University of Colorado to consider more cuts

University of Colorado officials are planning $22 million more in reductions and other budget-balancing measures expected to eliminate a total of 339 positions across the four-campus system. The proposed measures will be discussed at the April 22 Board of Regents meeting. The university has already approved $29 million in...

5 years 1 month ago

Layoffs loom as D-11 votes on budget cuts

As many as 15 assistant principals, school support staff, special education teachers and transportation employees could be out of a job this summer as a result of $6.8 million in budget cuts being considered tonight by District 11 Board of Education. Teachers, custodians and bus drivers will be spared...

5 years 1 month ago

Chevron to shed 2,000 jobs this year

Chevron Corp. says it will cut 2,000 jobs this year and will continue reducing its work force through 2011. The nation's second largest oil producer revealed the cuts as it outlined corporate strategy and major capital projects Tuesday in a meeting with financial analysts in New York. Chevron,...

5 years 1 month ago

New jobless claims last week: 469,000

New claims for jobless benefits fell last week in a sign that layoffs may be easing as the economy slowly recovers. The Labor Department said that initial claims for unemployment insurance fell by 29,000 to a seasonally adjusted 469,000. That nearly matches Wall Street analysts' estimates of 470,000. Still,...

5 years 1 month ago

IBM cuts hundreds of jobs

IBM Corporation has cut hundreds of jobs across a number of divisions, according to a union that represents some of the workers. IBM wouldn't comment. Documents submitted Monday by laid-off workers to the Alliance at IBM, a labor union, indicates that at least 856 jobs were cut. It's not...

5 years 1 month ago

New layoffs soar to nearly half million

The number of new claims for unemployment benefits jumped unexpectedly last week as heavy snows caused layoffs to rise. A Labor Department analyst says mid-Atlantic and New England states are still processing a spike in claims stemming from the bad weather two weeks ago. The department says first-time...

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