Citigroup Announces 3,000 Layoffs – About 1% of Its Workforce
Citigroup announced a round of job cuts today that will impact about one percent of its global workforce. That amounts to roughly 3,000 workers, mostly from its securities and banking unit. Through...
View Article45% Fewer Layoffs in July 2012 Than July 2011
Planned layoffs declined for the second consecutive month in July, as employers announced job cuts totaling 36,855, down 2.0 percent from 37,551 in June, according to the latest job cuts report...
View ArticleLooting of Hostess by Management, Shareholders Cause National Layoffs in...
Job cuts increased for the third consecutive month in November, as employers announced plans to shed 57,081 workers from their payrolls. That was up 20 percent from the previous month when announced...
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