KOAA.com

Tagged News

• More layoffs at Vestas, this time in Brighton

  August 21, 2012 5:46 PM

  Vestas is laying off more Colorado workers, as uncertainty remains over whether a U.S. wind production tax credit will be extended. The latest cuts are at a plant in Brighton that makes nacelles, which house components of a wind turbine. The Danish wind turbine manufacturer said today that the cuts... more »

• Layoffs likely as D11 board discusses budget cuts Play Video

  April 25, 2012 7:34 PM

  As many as 54 jobs are on the block as the District 11 Board of Education takes a preliminary vote tonight to cut some $8.6 million from the 2012-2013 school year budget. Of the job cuts identified, 25 would come from schools, around 17 from central administration and another 12... more »

• The Denver Post offers buyouts to shrink staff

  October 6, 2011 5:31 PM

  DENVER (AP) - The Denver Post is offering voluntary buyouts to try to shrink its newsroom by up to 20 employees, or about 8 percent. The newspaper reports that the move is due to financial pressures. Employees age 55 or older and those with at least 10 years... more »

• Emotional letter announces La Plata County layoffs

  January 24, 2011 7:55 AM

  DURANGO (AP) - The slowdown in the economy and a corresponding reduction in work in La Plata County's Building, Planning and Geographic Information Systems departments has led to layoffs, which were announced in an emotional e-mail. The Durango Herald reports county Manager Shawn Nau told employees they are losing... more »

• Steamboat Springs lays off 7 workers

  October 12, 2010 12:19 PM

  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... more »

• Economy loses 95K jobs in September

  October 8, 2010 9:13 AM

  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... more »

• Firm to cut 150 jobs in Boulder

  September 23, 2010 8:31 AM

  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... more »

• Worst unemployment report of the year released

  August 19, 2010 9:29 AM

  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... more »

• Focus on the Family lays off 110 employees

  August 2, 2010 2:34 PM

  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... more »

• Airlines work force shrinks by 2.7 percent in May

  July 20, 2010 11:57 AM

  The government says that airlines' work forces shrank by 2.7 percent in May from a year earlier. It marks the 23rd straight month in which airline employment has declined. U.S. airlines have laid off thousands of workers in the last year as the economy sputtered. They're also shifting... more »

• More employees jump ship as economy improves

  June 9, 2010 8:07 AM

  One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them. More people have quit their jobs in the past three months than were laid off. That's a sharp reversal after 15 straight months in which layoffs... more »

• NASA shuttle workers get $15M grant to find jobs

  June 2, 2010 10:44 AM

  NASA workers facing the end of the space shuttle era are getting $15 million from the federal government to help them find new jobs. Secretary of Labor Hilda Solis announced the emergency grant Wednesday at Kennedy Space Center in Florida. She said the grant will assist about 3,200 workers... more »

• Update: No decision on HP jobs in Colorado Springs

  June 1, 2010 2:37 PM

  Hewlett-Packard announced Tuesday that it is eliminating 9,000 jobs, while adding 6,000 in a different division, in an effort to make the company more profitable. An HP spokeswoman told NewsFirst5 that no decision have been made regarding the HP facilities in Colorado Springs. The changes will be made... more »

• Massive education cuts around the country

  June 1, 2010 9:12 AM

  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... more »

• Pfizer to close plants, cut 6,000 jobs

  May 18, 2010 10:37 AM

  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. more »

• New federal law forces 2,500 layoffs

  April 22, 2010 10:32 AM

  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... more »

• University of Colorado to consider more cuts

  April 8, 2010 8:39 AM

  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... more »

• Layoffs loom as D-11 votes on budget cuts

  March 10, 2010 3:39 PM

  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... more »

• Chevron to shed 2,000 jobs this year

  March 9, 2010 11:42 AM

  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,... more »

• New jobless claims last week: 469,000

  March 4, 2010 8:47 AM

  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,... more »

• Lawmakers consider unemployment for reduced hours

  March 2, 2010 9:22 AM

  Workers whose hours are cut to prevent layoffs would be allowed to collect partial unemployment benefits under a bill being considered in the state Senate. The Senate debated the bill Monday but delayed an initial vote. It would allow people working reduced hours to collect unemployment for the lost... more »

• IBM cuts hundreds of jobs

  March 1, 2010 7:09 PM

  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... more »

• New layoffs soar to nearly half million

  February 25, 2010 9:54 AM

  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... more »

• Thousands of Colorado layoffs blamed on exports drop

  February 11, 2010 9:26 AM

  State figures show Colorado exports to other countries fell nearly 25 percent last year during a global recession. The state's director of international trade, Pam Reichert, says exports fell from about $7.7 billion in 2008 to about $5.8 billion last year. Jim Reis of the World Trade Center in... more »

• Colorado Senate passes more tax hikes; Pueblo layoffs warned

  February 11, 2010 8:40 AM

  The Senate narrowly passed bills taxing candy and soda and energy used in manufacturing despite fears that the taxes could cause layoffs. Rocky Mountain Steel in Pueblo, the state's largest energy user aside from utilities, says it may have to cut 30 to 120 jobs because of the energy... more »

• New jobless claims approach half-million people

  February 4, 2010 8:48 AM

  All of the talk by politicians in Washington about jobs and the economy isn't doing a bit of good. The number of newly laid-off workers filing unemployment claims last week rose to 480,000. The rise is the fourth in the past five weeks. The four-week average, which smooths fluctuations,... more »

• Colorado Springs scraps park trash cans

  January 25, 2010 6:14 PM

  The City of Colorado Springs is trying to save money by getting rid of trash cans in neighborhood parks. The city announced Monday that it's removing about 400 trash cans from 128 parks within the next two weeks. The city says eliminating the trash service will save $5,700 a... more »

• Private prison in Walsenburg closing

  January 21, 2010 12:11 PM

  A private prison in Walsenburg that employs 188 people will close, likely in April. The prison is run by Corrections Corporation of America (CCA), and houses 700 inmates from Arizona. Arizona is ending all contracts for housing inmates out of state because of budget cuts. CCA plans to... more »