Steel spokeswoman Courtney Boone says the layoffs at the Minntac plant in Mountain Iron are temporary, but the company can't speculate how long they'll last. Mountain Iron is about 200 miles north of Minneapolis. Steel said it would idle its Keetac plant in Keewatin effective May 13, resulting in 412 workers laid off.» Read More
Planned job cuts announced by U.S. companies dropped 41 percent to 31,434 in June, according to a report by Challenger, Gray & Christmas.
Cosmetics maker Avon Products said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit.
Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.
Citigroup has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported.
A recent Harvard study suggested that odd fashion choices earn more respect. Former trader Raj Mahal calls BS and says that would never fly on Wall Street!
A lot of people think of it as an Old Boys Club but the truth is, Wall Street likes to hire 'em young, says former trader Raj Mahal.
Time Inc is reorganizing itself and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff.
CNBC's Dominic Chu reports Wal-Mart is to lay of 2,300 of its Sam's Club employees, which is about 2 percent of its workforce.
We are going to see health care as a growth industry well into the future, says Joe Jimenez, Novartis CEO, sharing his thoughts on elevating the economic potential of a healthier population.
Texas Instruments plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.
CNBC's Steve Liesman and John Challenger, Challenger, Gray & Christmas CEO, break down the latest numbers on jobs and provides perspective on layoffs in the workforce. All the numbers are pointing positive, says Challenger.
Roger Cheng, CNET executive editor, provides his perspective on the troubled smartphone maker as the stock got slammed on Friday after the company issued a warning and announced job cuts.
Chesapeake Energy has been laying off employees as it moves ahead with a company-wide reorganization.
John Chambers, Cisco Systems CEO & chairman, discusses the tech giant's fourth quarter results and reduction in its work force.
Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested.
John Challenger, Challenger, Gray & Christmas CEO, shares his latest read on employment and who's hiring and who's firing, with CNBC's Steve Liesman.
The gaming site plans to layoff 18 percent of its workforce and shut several offices. Dan Primack, Fortune senior editor, and Arik Hesseldahl, senior editor, All Things Digital, discuss what Zynga needs to do to make more money.
Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
John Challenger, CEO of Challenger, Gray & Christmas, breaks down the latest results on job cuts last month.
Google's Motorola Mobility unit is to shed another 1,200 jobs as the smartphone maker tries to return to profitability, Google said on Friday.