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Layoffs

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.
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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 The truth is that Camarillo State Hospital's wing which serves mentally ill patients is outdated and ill-functioning, with top-heavy management.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
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.
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
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.
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.
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."
CALIFORNIA | LOCAL
January 20, 2010 | By David Zahniser and Phil Willon
Los Angeles Mayor Antonio Villaraigosa and City Council leaders have begun laying the groundwork for the elimination of 1,000 more jobs by July 1 in an attempt to eradicate a budget shortfall that has now ballooned to nearly $200 million. Only one month after 2,400 city employees were offered early retirement to help patch a budget gap, the mayor and five council members are scheduled to instruct their budget analysts as early as today to prepare for layoffs and look at privatizing city-owned parking garages, golf courses and airports in Van Nuys and Ontario.
CALIFORNIA | LOCAL
May 16, 2012 | By Kate Linthicum, Los Angeles Times
A Los Angeles City Council committee came up with a plan Tuesday to avoid laying off more than 200 city workers at least until Jan. 1, thanks in part to a last-minute discovery of new tax revenues. By realizing an additional $5.8 million in higher than expected property taxes and trimming money from city departments and contracts with outside consultants, the council's Budget and Finance Committee was able to put on hold a plan by Mayor Antonio Villaraigosa to eliminate 669 positions, 209 of which are currently filled.
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