Financial PostHewlett-Packard Said to Consider Cutting as Many as 25000 JobsBloombergHewlett-Packard Co. (HPQ) is considering cutting as many as 25000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand …
At first, the outraged members of the Occupy Wall Street movement in New York were mainly met with ridicule. They didn’t seem to stand a chance and were judged incapable of going up against their adversaries, Wall Street’s bankers and financial mana…
Mass layoffs started in Goldman’s London office last week, and it sounds like they’re going to continue everywhere.
One source told us that Goldman Sachs plans to lay off up to 20% of its employees in investment banking and securities.
Another sour…
October 4, 2011, 6:00 am
Misrepresentations, Regulations and Jobs
By BRUCE BARTLETT
Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.
Repub…
Return of Mass Layoffs a Grim Sign for U.S. Workers
By Aaron Task
Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. (See…