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Layoffs

BUSINESS
March 6, 2014 | By Jim Puzzanghera
WASHINGTON -- Initial jobless claims fell sharply last week to their lowest level in three months, the Labor Department said Thursday, as a private report showed layoffs eased in February. About 323,000 people filed for first-time unemployment benefits in the week ending Saturday, down from 349,000, the previous week, the Labor Department said. The falloff was steeper than that expected by analysts, who had forecast 338,000 first-time claims. Last week's figure was the lowest since the end of November.
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BUSINESS
September 8, 1992 | JACK SEARLES
Nearly one in every four large employers in Oxnard, Ventura and Camarillo plan layoffs in the fourth quarter, according to a survey by Manpower Inc. The temporary help firm said 24% of the companies in the Oxnard Plain are planning layoffs, while only 10% expect to increase their payrolls. The Ventura County outlook is bleaker than that for the state and nation as a whole, according to Manpower.
BUSINESS
October 20, 2000 | Associated Press
Smith & Wesson said it's cutting about 15% of its work force, blaming slumping sales and a boycott by buyers angry about its gun-safety deal with the government. The company, which is owned by Tomkins of Britain, said it would lay off about 125 employees, including some managers, at its plant in Springfield, Mass., within a week.
BUSINESS
June 8, 2000 | Bloomberg News
Salon.com, which runs a money-losing Web news magazine, unveiled plans to fire 13 employees, or about 9% of its work force, in a bid to cut expenses by 20% and move toward profitability. San Francisco-based Salon.com also said it plans to spend less on freelance writers and marketing. The plans were announced after the close of regular U.S. trading. Salon.com shares, which have fallen about 58% this year, rose 9 cents to close at $2.13 on Nasdaq.
CALIFORNIA | LOCAL
June 27, 1993
Regarding your story, "Camarillo Hospital To Lay Off 90" on June 15, this seniority-based layoff may give the hospital the appearance of reforming itself. But in reality, it's nothing more that a clever piece of cosmetics. It reduces the staff for sure, but this reduction process will certainly hurt the quality of patient care in the immediate future instead of improving or even maintaining the present level of care. The truth is that Camarillo State Hospital's wing which serves mentally ill patients is outdated and ill-functioning, with top-heavy management.
BUSINESS
October 27, 1987 | From Reuters
Chrysler plans to lay off about 3,500 salaried employees in a bid to cut costs after its $1.6-billion takeover of American Motors, company sources told Reuters on Monday. The nation's third-largest automaker, which earlier this year imposed a hiring freeze, is expected to announce the cutbacks Tuesday morning at a news conference given by chairman Lee Iacocca, the sources said. The layoffs are expected to affect about 9% of the company's salaried employees, the sources said.
BUSINESS
July 30, 1986 | GREG JOHNSON, Times Staff Writer
General Dynamics said Tuesday that it will lay off more than 300 of its 2,900 Space Systems Division employees in San Diego after cancellation of a program connected to the Space Shuttle. General Dynamics earlier had announced that an undetermined number of layoffs would be required after the National Aeronautics and Space Administration canceled the Shuttle/Centaur program on June 19, nearly five months after the Challenger disaster.
CALIFORNIA | LOCAL
April 7, 2009 | Phil Willon
Los Angeles Mayor Antonio Villaraigosa on Monday said unions representing city workers would need to make major concessions to avoid widespread layoffs, including possibly deferring raises, cutting work hours and paying more for retirement benefits. The mayor told reporters that the city is expected to face a $530-million shortfall in the 2009-10 budget year and that 2,800 workers would be laid off unless the unions agree to "shared responsibility and shared sacrifice."
NATIONAL
November 14, 2003 | From Times Wire Reports
The newly installed chief executive of Baltimore schools announced major reforms for the financially strapped district, including as many as 1,000 layoffs. The layoffs, effective in January, will come from all areas of the system, with the last cuts being teachers, Bonnie S. Copeland said. As of June 30, the system had about $51 million in cumulative deficit. School officials said they were hoping to get the system in the black by June 30, 2005.
BUSINESS
April 21, 2009 | Cyndia Zwahlen
The women and men, gently prodded by a facilitator, opened up about their daily inspirational practices: "Every morning and every night I create a feeling of gratitude for everything in my life," one woman said. Said another: "Remembering that there are so many people with so much less." Group therapy? No. It's a workforce training session held last month for the employees of Primary Freight Services Inc. of Rancho Dominguez.
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