Layoffs
Layoffs have become increasingly common in the American workplace as the United States suffers through a particularly tough recession — one which has been described by leading economists and politicians as being "the worst since the Great Depression".
A layoff by definition is what happens when your occupation — your "job" — has been eliminated for reasons other than termination due to things like violating company policies, theft, or poor job performance.
Layoffs most often occur as a result of companies making necessary reductions in the work force, or in some cases eliminating positions or even entire departments altogether. This is commonly referred to as "downsizing". The one upside to being "laid off" is that companies will often call dismissed employees back into service, once their own economic fortunes improve. The net result, however, remains unemployment for the dismissed worker.
With the current economic downturn showing little signs of a quick turnaround, leaders around the world are looking for solutions to stimulate their local economies. In the meantime, layoffs continue to cut deep into the economy, even affecting such business giants as Microsoft, Target, and IBM.
Latest blogosphere posts tagged “Layoffs”
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The Smart Lemming’s Daily Twitter Digest: November 13, 2009
SmartLemming.com - Manage your career or it will manage you —
Authority: 133
The Smart Lemming sent out the following tweets, recommending these additional resources from news, articles, and posts on business life, career management, management and leadership, and women in business: The Smart Lemming’s list of the best management podcasts by Harvard Business Review’s Ideacast The ...8 hours ago -
NYT News Service migrates after cut
BloggingStocks —
Authority: 661
Filed under: New York TimesA (NYT) , Media World This winter, a bit more of New York is headed to Florida . Layoffs for 2010 have already been announced for the New York Times Company( NYT ). The New York Times News Service will lose 25 editorial positions next year and shift the services editing to one of ...19 hours ago -
Ind. state govt begins layoffs after revenue drop
Business Finance & Economy - business.marc8.com —
Authority: 163
Indianas Department of Administration has laid off 33 workers because of dwindling state revenues, the departments commissioner said Friday.19 hours ago -
The Best Podcasts on Management by Harvard Business Review’s Ideacast
SmartLemming.com - Manage your career or it will manage you —
Authority: 133
The Smart Lemming recommends these Harvard Business Review podcasts on management: HBR IdeaCast:How to Manage the Alpha Male HBR IdeaCast 6: Make Better Decisions & Retain Your Best People During Change with David Garvin HBR IdeaCast 7: Spotlight on Sales with David Champion HBR IdeaCast 10: ...20 hours ago -
Seattle’s Bill McCoy, E-Books and Digital Distribution Expert, Leaving Adobe
Xconomy —
Authority: 710
digital media , e-publishing , people Gregory T. Huang wrote: We’ve all been wondering how the Adobe layoffs , reported earlier this week, may affect the Seattle area—especially given the slew of other recent cutbacks in the local tech industry. Adobe (NASDAQ: ADBE ), which is headquartered in ...21 hours ago -
On school aides’ last day, Klein addresses union
GothamSchools Newsroom —
Authority: 622
On the last day of work for over 500 school aides, Chancellor Joel Klein delivered a speech at the aides’ union headquarters that made no mention of the layoffs. Speaking at District Council 37’s Quality of Work Life Employee Recognition Ceremony this morning, Klein said that “this is a tough time,” and the ...21 hours ago -
B+S Notes—November 13, 2009
BLACKBURN AND SWEETZER —
Authority: 484
— Fantastic Mr. Fox starts showing today! Review / NYT — Fantastic Mr. Fox : Anatomy of a Scene / NYT — Spike Jonze Q&A And Book Signing at Family on Fairfax Sunday! / Fishbowl LA — Battle over outdoor dining roils Larchmont Boulevard / Daily Dish — Dazed and Confused does Wild Things / ...22 hours ago -
Podcast: Getting back self esteem after job layoff
WalletPop Blog —
Authority: 718
Filed under: Career , Recession In this "Your Job Will Come" podcast, WalletPops Aaron Crowe talks with Abraham Twerski about his new book, "Without a Job, Who Am I?" and how to get back your self esteem after being laid off. Among the tips he gives are to spend some time mourning after a job loss and to not ...22 hours ago -
Skycam / CableCam Operations Not Affected By Layoffs
Image-Acquire.com —
Authority: 587
Related Posts Canon to Cut 700 Jobs Digital River to Handle Online Sales of PENTAX Europe Bits&Coffee Introduce Free App For Online Image Converter Sony Recalls Digital Cameras Tags: CableCam , job layoffs , layoffs , Outdoor Channel , Outdoor Channel Holdings , Skycam Related posts ...23 hours ago -
Bright & Early: Every Vote Counts Edition
Nashvillest —
Authority: 431
Good morning, Nashville. The District 5 recall election between Metro Councilwoman Pam Murray and rabble-rousing challenger Jamie Hollins was a little too close for comfort last night with the current tally at 541-538 in favor of Hollins . At least three provisional ballots still haven’t been counted, which means ...1 day ago -
RivPE: Colton is laying off dozens of full- and part-time employees and shutting down its two libraries
iePolitics.com —
Authority: 520
10:00 PM PST on Thursday, November 12, 2009 By DARRELL R. SANTSCHI The Press-Enterprise Colton announced Thursday it is laying off more than 30 full-time and nearly as many part-time employees and closing two public libraries to fill a $5 million hole in its budget for the current fiscal year. “The impacts were ...1 day ago -
New York Times Co. Successfully Busting Its Own Union [Layoffs]
Gawker —
Authority: 872
With 100 buyoutlayoffs already assured by the end of the year, the New York Times is tossing in a bit more good news for employees : 25 additional layoffs, thanks to the magical economics of outsourcing. The layoffs will come in the New York Times News Service (which includes the papers AP-like newswire). ...1 day ago -
Mythic Will Continue Supporting MMOGs, Says Executive
GayGamer.net —
Authority: 553
In the wake of news out of Electronic Arts that the company would be laying off 1500 employees by April 2010, including rumors that Mythic in particular was hit hard by this, an executive with the studio has come forward to assure customers of their MMOGs that the company would continue to support their titles as ...1 day ago -
An Unemployment Reality Check
Wall St. Cheat Sheet —
Authority: 637
Lately, I continue to see layoffs popping up in the news on a very consistent basis (again). So, I put together a list of company names and their recent layoff announcements right here as a one-stop-shop to showcase the fact that these people, who are consumers in the global economy, will be very worried about their ...1 day ago -
AOL expects more layoffs in spinoff
The Washington Post —
Authority: 967
New regulatory filings suggest that more layoffs could be coming at AOL as the Internet company separates from Time Warner by the end of the year.1 day ago -
New York Times News Service To Cut Jobs and Relocate
NYT > Theater —
Authority: 911
The news service will be edited at a newspaper owned by The New York Times Company, which will also stop contributing to nonunion workers’ pensions.1 day ago -
CNN Cuts Back on a Web Video Project
NYT > Theater —
Authority: 911
In pulling back from its experimental service, CNN.com Live, the channel laid off its four Web anchors.1 day ago -
Pfizer to Leave City That Won Supreme Court Land-Use Case
NYT > Theater —
Authority: 911
Susette Kelos house, a landmark of sorts, was moved from the Fort Trumbull neighborhood that was seized by New London. Ms. Kelo was the losing plaintiff in a 5-to-4 Supreme Court decision.1 day ago -
LAYOFFS AT LB MUSEUM OF ART; DIRECTOR BLAMES CITY BUDGET CUTS
The District Weekly —
Authority: 442
An administrative assistant and a chef were laid off by the Long Beach Museum of Art this morning, The District Weekly has learned, and in a brief interview executive director Ron Nelson blamed an economic squeeze exacerbated by a reduction in funding by the City Council. “Art institutions across the country are ...1 day ago -
Half of American workers are women -- but they dont earn half of all income
DailyFinance —
Authority: 794
Filed under: Economy The recession has led to many transformations in the employment landscape. One is that women now hold half of all the jobs in the U.S., according to statistics from the federal government. The Wall Street Journal reports that women make up 49.9% of the work force, up from 48.7% in December ...1 day ago