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.

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Original Technorati articles tagged “layoffs”

• in Technology
  HP Announces Job Losses
  As HP Announce layoffs, will CEO Apotheker be the next?
  by smileyjohn54 / on Sep 22, 2011
• in Politics
  Green Jobs – Just a Lot of Talk?
  Has the green job promise gone bust? What is a green job? What makes a resource "green" or not? If you are unemployed, is defining "green" a question you can even afford to consider?
  by inlovewiththelord / on Sep 14, 2011
• in Film
  The Company Men (2010) Will Work for Food
  “In America, we give our lives to our jobs. It’s time to take them back.”
  by missbobetier / on Jun 5, 2011

Latest blogosphere posts tagged “layoffs”

 

• Nationwide Layoff Watch: Magic Circle Firm Makes Lawyers and Staff Disappear

  
  — Authority:
  Staffers and lawyers are heading out the door, in the wake of a management change. Continue reading » Follow Above the Law on Twitter or become a fan on Facebook . Tags: Allen & Overy , Biglaw , David Krischer , Kevin OShea , Layoffs , Legal Secretaries , legal secretary , Magic Circle , ...
  5 days ago

• Greater Hudson Valley Health System Announces Layoffs

  
  Hudson Valley Insider — Authority: 145
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• After Fridays Village Voice bloodbath, two staff writers have resigned their positions: Tejal Rao,

  
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  After Fridays Village Voice bloodbath , two staff writers have resigned their positions : Tejal Rao , a restaurant critic owners just bragged about , and investigative reporter Nick Pinto. Read more...        
  5 days ago

• Comcast to cut 145 jobs in Largo, Md.

  
  — Authority:
  Comcast said it plans to cut 145 customer care positions in September from its office in Largo, Md., as it expands call centers at two other facilities in Maryland.
  5 days ago

• EdSource: lowest teacher layoffs in four years

  
  — Authority:
  May 20, 2013: According to a report posted today in EdSource by Jane Meredith Adams: Teacher layoffs shrank to the lowest number since the recession began in 2008, with about 1,300 teachers, librarians, counselors and other public school employees receiving final layoff notifications by the May 15 deadline, according ...
  5 days ago

• Defiance Developer Trion Worlds Hit by big Layoffs following Rift Free-to-Play Announcement.

  
  — Authority:
  Developer of Defiance and Rift has reportedly been hit by a high number of layoffs. This news comes following the recent announcement of Rift gradually transitioning to the free-to-play model. Reports are coming in that over 100 people have been hit by the layoff which affect around 70% of the company. This is ...
  6 days ago

• Job Layoffs: The Aftermath of Redundancy

  
  — Authority:
  In a previous post , I mentioned there was a rumor of redundancy for some friends of mine. Some people were in fact let go, though none of my friends were among the unfortunate ones. Redundancy — losing your job in a layoff — is difficult for most people. I’ve worked with many people who have been made ...
  1 week ago

• Trion Worlds – Former executive comments on new round of layoffs

  
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  I am sure most readers would have read about Trion Worlds’ new round of layoffs by now, in which many employees were apparently given the boot out. Teams in Austin, Redwood Shores and San Diego are said to be dramatically affected, with the Defiance team in San Diego reportedly “obliterated.”   According ...
  1 week ago

• The Price Of Defiance: Trion Worlds Hit By Big Layoffs

  
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  At this rate, Trion Worlds might soon be forced to change its name to Trion Islands, or maybe Trion Small Yet Charming Spanish Getaway Vacation Villa. After the Rift team got hit by a major round of layoffs late last year , Defiance ‘s band of trigger finger scratchers has taken a possibly even bigger hit. While ...
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• Trion Worlds Lay-Off 80% Of Staff

  
  — Authority:
  Reports are coming out today that Trion Worlds, developer of RIFT and the recent MMO Defiance, have laid off over 100 of their staff meaning up to 80% of the company no longer works there anymore. Trion Worlds have sent out a press release explaining the situation: “To best position Trion in a rapidly changing ...
  1 week ago

• AOL to Impose More Cuts at Patch, Its Local News Operation

  
  — Authority:
  The company will reduce the number of regional news offices, but says community service will not be reduced.        
  1 week ago

• [Industry News] Defiance and RIFT Developer Trion Worlds Hit With Layoffs

  
  — Authority:
  IGN broke the news, based on information from anonymous sources. According to the source, the company’s San Diego studio, which created the Defiance game that is tied to the SyFy television show of the same name, was hit hardest with… Read more →
  1 week ago

• Patch announces broad restructuring, layoffs

  
  — Authority:
  AOL Chairman and CEO Tim Armstrong informed employees that the company was undertaking several moves “to make Patch profitable in 2013.”
  1 week ago

• Michael Musto and Robert Sietsema Leave Village Voice

  
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  Michael Musto, the paper’s gossip columnist, and Robert Sietsema, its restaurant reviewer, have left the paper, a week after the top editors resigned.        
  1 week ago

• Patch gets new CEO, lays off staffers

  
  Poynter. MediaWire — Authority: 145
  All Things D Steve Kalin is Patch’s new CEO, AOL CEO Tim Armstrong told Patch employees in an email Friday. Patch will also make several motions that Armstrong writes will “move Patch meaningfully toward profitability.” Among them: layoffs . The … Read more
  1 week ago

• Job Layoffs: Facing Redundancy Rumors

  
  — Authority:
  I have some friends who have heard a rumor their company will be making big redundancies soon, and I really feel for them. One thing that’s guaranteed to cause instability in a person — and any organization — is the rumor of redundancy. For many, the security of having a job is essential for their well-being. ...
  2 weeks ago

• The Sea of Troubles Continues to Boil in the Ogden School District This Morning

  
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• The Saturday Profile: Benaki Museum Director Struggles With Budget Cuts

  
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  Angelos Delivorrias has led the Benaki Museum in Athens for almost 40 years. Now, in the face of steep budget cuts, he is fighting to protect what he helped build.        
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• Women Speak Out On CPS School Closings & Immigration Reform As Mothers Day Weekend Begins (VIDEO)

  
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  2 weeks ago

• Sharp slashes 5,000 jobs

  
  — Authority:
  Sharp is planning to let go 5,000 workers over the next three years. Most of the cuts are expected at overseas plans in China and Malaysia.  read more        
  2 weeks ago

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