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By LIZ ALDERMAN Two executives had to flee a meeting at Air France offices near Charles de Gaulle Airport, where plans were discussed to cut about 2,900 jobs. Source: The New York Times – The New American Job Newsfeed
By HIROKO TABUCHI — After a string of lackluster years, Target has announced its first round of layoffs, which will cost the company $100 million in severance payments. Source: The New York Times – The New American Job Newsfeed
Continue reading …By SAM PIZZIGATI— Peter Drucker, the analyst who founded modern management science, died in 2005 at age 95. When he died, business leaders worldwide hailed this Austrian-born American for his enormous contribution to enterprise efficiency and effectiveness. But Peter Drucker also cared deeply about enterprise morality. In his later years, he watched — and despaired — […]
Continue reading …Pew Center for the People and the Press– As the March 1 deadline for a possible budget sequester approaches, a new national survey finds limited public support for reducing spending for a range of specific programs, including defense, entitlements, education and health care. For 18 of 19 programs tested, majorities want either to increase spending […]
Continue reading …By WideWorldOfWork.com— Imports of cheap baked goods helped kill the Twinkie and the Ding Dong. A U.S. Department of Labor investigation has found that increased imports of baked products contributed importantly to Hostess Brands’ sales declines, worker layoffs and ultimately its bankruptcy liquidation. The DOL says that the approximately 18,000 workers laid off in 48 […]
Continue reading …Small business isn’t hiring: That’s one reason the U.S. employment situation isn’t improving. Nobody wants to hire new employees if they don’t have to. Small business owners lack the confidence the current state of the economy to take on new employees. Many businesses are also operating with fewer employees, having been forced to do so in […]
Continue reading …Another glimmer of positive news on the jobs front came this week from the Society for Human Resource Management’s monthly survey of HR professionals’ hiring plans. About three in 10 manufacturing and service-sector companies plan to hire in October 2012 according to a report from the Society for Human Resource Management (SHRM). The SHRM LINE […]
Continue reading …By RICH MORIN and RAKESH KOCHHAR, Pew Research Center– Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects, according to a new Pew Research Center survey that explores the attitudes and experiences of workers who have lost jobs during the Great Recession. Of those who have experienced […]
Continue reading …From the Louisville Curior-Journal: A Indiana state legislator is suggesting the state adopt a program used elsewhere that allows workers to receive partial unemployment benefits if their employer reduces their work hours to avoid layoffs. The proposal is receiving a cool reaction from a top business lobbyist and the Republican chairman of the state’s unemployment […]
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