March 27, 1995 |
UPS to Cut Some Management Jobs: United Parcel Service confirmed that it will eliminate some of its 35,000 management positions in an effort to reduce expenses. The Atlanta-based package shipper said it has not decided how many jobs will be cut. The Wall Street Journal, quoting unidentified senior executives, reported that UPS plans to slash more than 2,000 positions over 18 months. "No specific plan has been adopted," UPS spokeswoman Susan Rosenberg said.
September 15, 1993 |
Wherehouse Shakes Up Corporate Staff: The Torrance-based music and video retailer laid off five senior executives and named two others to top posts in a revamping prompted by a management study. Jerry Goldress, who has been a consultant, was named president and chief operating officer, while Wherehouse executive Cathy Wood was named chief financial officer.
January 21, 1992 |
When the downturn in office leasing forced Grubb & Ellis to pare its staff in 1990, Jim Breen was making "somewhat under" six figures doing public relations for the commercial real estate firm in Orange County. After more than six jobless months, Breen last July took the only position he could find, as news editor of the tiny San Clemente Sun-Post newspaper, where he often works 12-hour days starting as early as 4 a.m.--for 40% of his former salary.
March 4, 1991 |
William K. Ellermeyer worked for years as a personnel officer at large corporations. Then in early middle-age he found himself out on the street after a change of management at AirCal. Ellermeyer started an outplacement company in 1979 and, about 10 years later, sold it to Lee Hecht Harrison Inc., a New York-based outplacement firm. What is outplacement?
November 6, 1990 |
These days in the ad business if the boss asks you out to lunch, you may be wise to say you're not hungry. Odds are, before the waiter hands over the check, your boss may hand over your pink slip. This luncheon is doubly dangerous for ad pros who are 40 years old and up--a good chunk of whom are earning six-figure salaries. Indeed, things have seldom been tougher for agency veterans who, at a time when the industry is in the pits, are among the first to get walking papers.
December 4, 1987 |
Dismissal notices have been sent to some top- and middle-level Columbia Pictures executives as the studio trims its staff in preparation for a merger with Tri-Star Pictures at the first of the year. There was no official word Thursday on how many of the Burbank studio's executives were dismissed. However, one report indicated that at least 50 people were let go. Among those leaving Columbia are Fred Bernstein, president of worldwide production; Stanley G.