NEW YORK— Sears Holdings Corp. discredited a report Thursday that says it will be shuttering 116 Sears and Kmart stores, resulting in the layoffs of more than 6,000 workers. Broken down, closures include 55 Kmart stores, 30 Sears stores and 31 Sears Auto Center locations, according Seeking Alpha, citing liquidation sale notices. In an email sent to The Associated...» Read More
Chinese investment banks are carrying out their biggest layoffs and bonus cuts since the financial crisis as they brace for further profit declines, hit by an ongoing drought in initial public offerings in China that started in September.
CNBC's David Faber reports on continuing downsizing on Wall Street, and Dish Network's unsolicited takeover bid for Clearwire.
Things are getting serious at the Magic Kingdom: Disney started an internal cost-cutting review and is mulling layoffs.
Planned layoffs at U.S. firms fell in December for the first time in four months, while the overall job-cut total in 2012 was the lowest since 1997, a report showed on Thursday.
John Challenger, CEO of Challenger, Gray & Christmas, breaks down the "very strong" numbers on jobs.
Bart Shuldman, TransAct Technologies chairman & CEO, explains why he may have to lay off workers if the research and development tax credit isn't extended.
Facebook shares spiked 33 percent in the month of November. Is it time to buy? The FMHR traders discuss. Also, Mike Mayo, Worth Magazine, discusses Citigroup cutting 11,000 jobs.
How will cutting 11,000 jobs impact Citigroup's bottom line? David Trone, JMP Securities, weighs in.
CNBC's Kayla Tausche reports the banking giant is cutting jobs and taking a $1 billion dollar charge.
It’s been a tough slog in Cubeville the past few years but don’t cry in that beer you had to buy with your own money just yet – the office holiday party is making a comeback!
Have you ever thrown a coworker in a lagoon at the office party? Here are some of the most outrageous things people have done at office parties.
A Florida businessman says he will add a 5 percent surcharge to customers' bills to offset what he says are the costs of Obamacare. He's also reducing his employees' hours.
From elves to vampires and reindeer wranglers, here's a look at some of the season's odder jobs. Wait, you want me to do what?!
In the next few months, America will not only have to cope with a fiscal drag but an unemployment cliff.
The teeth are pretty sharp on Wall Street but Father Sebastiaan van Houten, professional fang maker, makes them even sharper. Hsssssss!
This month's employment report was particularly exciting given the bipolar analysis dependent on the political leanings of commentators.
Call it "playing hooky," "taking a mental health day" or "pulling a Ferris Bueller," but any way you slice it, there are fibbers among us who call in sick when they are not. Here are some of the most outrageous excuses.
One of the most popular — and already among the most funded — projects on Kickstarter is the Ostrich pillow, a hilarious yet practical product that gives you an instant napping environment — anywhere!
Here's a low-overhead business: Selling New York City tap water! Yep, you wish you'd thought of it yourself, amiright?!
Puh-leeeeeease! That job is so overrated. Here are the 12 most overrated jobs of 2012 and, lest you think no one noticed, the 12 most underrated jobs!