July 6- Struggling teen clothing retailer American Apparel Inc launched a restructuring plan to cut costs but warned it may not be enough to meet funding requirements in the next 12 months. American Apparel said there could be no guarantee that even after the restructuring it would have sufficient funds in the next 12 months unless it raised additional...» Read More
David Vieau, A123 Systems president & CEO, discusses the tough year for his company, and how he plans to rebuild after laying off 125 workers from a Michigan plant.
The world economy is on the verge of a new and deeper jobs recession that will delay the global recovery further and may spark social unrest in "scores of countries," the International Labor Organization said on Monday.
Coming in to work when you’re sick costs businesses billions a year in lost productivity, but many workplaces can make employees sick. Here are 10 ways that your work may be killing you and your employer.
Goldman is looking at adding another $250 million to drastic spending cuts announced earlier this summer, bringing the total to $1.45 billion, according to DealBook.
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.