PROVIDENCE, R.I.— A federal judge ruled Friday that Women and Infants Hospital cannot prevent workers from refusing overtime after the union representing 1,700 of them requested they protest layoffs by turning down extra shifts. Chief Judge William E. Smith said in a memorandum that the Providence hospital did not show that employees' refusal to work overtime...» Read More
CNBC's Michelle Caruso-Cabrera and Constantine Michalos, Athens Chamber of Commerce president, discuss Greece's vow to cut a significant number of its public sector jobs.
Not again. That is the plea of many Americans fearful about their jobs as the economy falters.
Bank layoffs won't be as deep as they were during the 2008 financial crisis, hedge-fund recruiter Ilana Weinstein told CNBC Friday. Those who remain, however, may see big cuts in bonuses—if they get one at all.
Whether you’ve been laid off or you crave more satisfaction, looking for a position doing something you’ve never done before invariably comes with second-guessing.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon — and that has traders thinking Friday's US jobs report may be a huge disappointment.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.
Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.
The tech bellwether plans to layoff thousands of workers in an attempt to reduce costs. Will investors buy into the plan, with Alkesh Shah, Evercore Partners.
As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.