August 22, 2003 |
Boeing Co. plans to issue layoff notices today to 1,440 employees as part of continuing employment reductions amid the commercial aviation industry's prolonged downturn. About 1,250 of those receiving the 60-day notices are in Washington state's Puget Sound area, where Chicago-based Boeing builds all but one of its commercial jets. The layoff notices will go into effect Oct. 24.
January 24, 2002 |
Warning that New Jersey faces a dire $2.8-billion budget shortfall, Gov. James E. McGreevey announced that about 600 state employees face layoffs. McGreevey, who took office last week, made the announcement at a town meeting at Montclair State University in Upper Montclair. McGreevey's announcement was one of several ominous forecasts this week by governors around the country. In Missouri, Gov. Bob Holden said he plans to eliminate nearly 700 jobs. Virginia Gov.
September 18, 2001 |
Brookstone clerk Edward Enage stood Monday in front of a four-foot pile of nail clippers, gardening tools and other sharp objects that were pulled from shelves at Los Angeles International Airport. Police went through the store last week, identifying potentially dangerous goods. "They don't even want tweezers," Enage said. As LAX came fully to life Monday, passengers and workers got a taste of just how different it will be.
December 16, 1999 |
The merger of Exxon and Mobil will bring bigger cost savings than expected for shareholders, though thousands more employees will lose their jobs, company executives said Wednesday. Exxon Mobil Corp. will cut almost 16,000 jobs--about 15% of its work force--by the end of 2002, an increase from the 9,000 cuts estimated when the companies announced plans to merge a year ago.
December 14, 1999 |
Car retailing giant AutoNation Inc. abruptly closed 23 of its used-car superstores and laid off 1,800 workers Monday, acknowledging what its critics have been saying for months--that the environment is simply too competitive and margins too slim to make its brand of high-service, high-overhead retailing profitable in the late-model used-vehicle market. All five of the company's Southern California used-car stores were shut down at 1 p.m. Monday and their roughly 450 employees sent home.
November 14, 1999 |
AutoNation has laid off 145 of the 650 workers at its headquarters in Fort Lauderdale, Fla., as part of a reorganization. In addition, the company, the nation's largest auto retailer, has warned 50 other workers that their jobs may not last long, AutoNation spokesman Jim Donahue said. In January, AutoNation will spin off its $3.6-billion car rental arm as a new company, ANC Rental Corp., which will include the Alamo, National and CarTemps USA brands.