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Business Events Layoffs

  • The company had 2,166 employees at its headquarters in Los Angeles, and 959 employees at the nearby South Gate manufacturing facility. Francisco Morales, 56, who made clothes for seven years at the Los Angeles plant, was one of the American Apparel workers to be handed his employment termination notice and his last paycheck on Monday. Last week, American Apparel...

  • The company had 2,166 employees at its headquarters in Los Angeles, and 959 employees at the nearby South Gate manufacturing facility. Francisco Morales, 56, who made clothes for seven years at the Los Angeles plant, was one of the American Apparel workers to be handed his employment termination notice and his last paycheck on Monday. Last week, American Apparel...

  • Jan 16- American Apparel LLC started to lay off staff on Monday after Canada's Gildan Activewear Inc withdrew its initial plan to buy some of the bankrupt U.S. fashion retailer's manufacturing operations, company employees said. Many of the 2,166 employees at the company's headquarters in Los Angeles and 959 employees at the nearby South Gate manufacturing...

  • Jan 16- American Apparel LLC started to lay off staff on Monday after Canada's Gildan Activewear Inc withdrew its initial plan to buy some of the bankrupt U.S. fashion retailer's manufacturing operations, people familiar with the matter said. Many of the 2,166 employees at the company's headquarters in Los Angeles and 959 employees at the nearby South Gate...

  • CNBC's Courtney Reagan reports that home improvement retailer Lowe's is planning to lay off some of its workforce as part of a restructuring plan.

  • PARIS, Jan 12- Morale is low at Lanvin with staff expecting job cuts after France's oldest fashion brand swung into the red in 2016 and new designer Bouchra Jarrar failed to lift sales, sources told Reuters. The company appointed advisory firm Long Term Partners to conduct an audit and it is due to present its findings to Lanvin's board at the end of this month and...

  • United Continental airline

    United Continental expects to cut some management employees as a part of its larger restructuring program.

  • LIBREVILLE, Jan 12- Royal Dutch Shell workers in Gabon began an "unlimited" strike on Thursday at all the company's operations in the Central African OPEC member country, the workers' union wrote in a letter to employees. Shell is in advanced talks to sell its Gabon assets, which one source estimated could be worth $700 million, leaving workers worried about layoffs...

  • LIBREVILLE, Jan 12- Royal Dutch Shell workers in Gabon began on Thursday an "unlimited" strike at all the company's operations in the Central African OPEC member country, the workers' union wrote in a letter to employees. Shell is trying to sell its Gabon assets, which one source estimated could be worth $700 million, leaving workers worried about layoffs or being...

  • Jan 12- United Continental Holdings Inc expects to cut some management employees as a part of its larger restructuring program. "While we don't have an exact figure now, a small number of our management team will be affected by reductions," said spokeswoman Megan McCarthy in a statement. Bloomberg earlier reported the staffing cuts.

  • Jan 12- United Continental Holdings Inc expects to cut some management employees as a part of its larger restructuring program. "While we don't have an exact figure now, a small number of our management team will be affected by reductions," said Mike Bonds, executive vice president of human resources, in a letter to employees last week. Bloomberg first reported the...

  • Boeing warns of engineer layoffs in 2017

    In an internal memo, the airplane maker said it plans to conduct involuntary layoffs this year.

  • The reductions, disclosed in an internal memo seen by Reuters, also include dozens of job categories eligible for voluntary layoffs in Washington state, southern California and South Carolina. About two-thirds of those reductions were in Washington state. The announcement came as Boeing teamed up with a new lobbying group on Tuesday to defend $8.7 billion of...

  • SEATTLE, Jan 10- Boeing Co warned on Tuesday that it will conduct involuntary layoffs of engineers, part of an ongoing cost-cutting drive as the aerospace and defense company responds to increasing competition amid slowing aircraft sales. It listed dozens of job categories eligible for voluntary layoffs in Washington state, southern California and South...

  • SEATTLE, Jan 10- Boeing Co warned on Tuesday that it will conduct involuntary layoffs of engineers, part of an ongoing cost-cutting drive as the aerospace and defense company responds to increasing competition amid slowing aircraft sales. The reductions, disclosed in an internal memo seen by Reuters, also include voluntary layoffs. It did not indicate the...

  • Jan 10- Wal-Mart Stores Inc plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation. The Bentonville, Arkansas- based retailer plans to eliminate jobs at its headquarters and regional personnel that support stores, according to the report. http://on.wsj.com/2jroYGF.

  • Jan 10- Wal-Mart Stores Inc plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation. The Bentonville, Arkansas- based retailer plans to eliminate jobs at its headquarters and regional personnel that support stores, according to the report. http://on.wsj.com/2jroYGF.

  • Jan 10- Wal-Mart Stores Inc plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation. The retailer plans to eliminate jobs at its headquarters and regional personnel that support stores, according to the report. http://on.wsj.com/2jroYGF. Many of the eliminations will affect...

  • BERLIN, Jan 9- Germany's Economy Minister Sigmar Gabriel said on Monday that no Bombardier plants in Germany will be closed after a newspaper reported the Canadian company was considering closing plants and cutting a quarter of its workforce of 8,500.. The newspaper cited industry sources saying Bombardier Transportation is considering closing plants in...

  • Theranos laying off another 155 employees

    The company says it will part ways with 155 employees, leaving a core team of only 220 workers.