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These are tough times and we all have a layoff story to tell; something that happened to us or someone close to us. Share without linking to a particular company.

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Recent Layoff News
Memorial Hospital lays off 47, cuts hospice care
GULFPORT, MS (WLOX) - Memorial Hospital announced Tuesday afternoon that 47 workers had been laid off due to an $11 million budget shortfall. Hospital officials met with employees throughout the day Tuesday to explain details of the cuts. more...
 
Cessna issues 75 layoff notices in Independence
Cessna Aircraft Co. is issuing 75 layoff notices to employees at its Independence, Kan., plant Wednesday and Thursday, company spokesman Doug Oliver said. more...
 
General Dynamics to lay off 35
After more than two years of solid employment growth, General Dynamics plans to lay off 35 people next month at its armored vehicle plant in Eynon. more...
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Recent Layoff Tells/Reviews
Public Company
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Mylan MYL , Pharmaceuticals and Biotechnology

No Proper Reason for Termination

I joined 3 months back and got very good recognition on my first month work. I tried to do some advancements, avoid duplication of work and professional environment. In that regard, I contacted my boss and the very next week, I got laid off with no proper reason for the termination. The same thing happened to other person whom I replaced his positi... more...
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As Ex-Employee
Public Company
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Capital One Financial COF , Financial Services

How they do it

Capital One is a large bank. They hire and fire in cycles. It's cheaper for them. Don't let you get too high up the payscale.
I was in a dept of about 350 people when they called everyone in one day, even if you had the day off. They hearded us down to a main room, with our names on rosters in back of room. Told us to find our names, then h... more...
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As Employee
Public Company
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MSC.Software Corporation MSCS , Technology

MSC management

At MSC the management team was rather weak in the old days with Bill and Glen, this changed when Symphony took over, now the company is lead by incompetent idiots like Gallello, Neil, Bouchiba and others. Its incredibly whats lengths they go to enrich themselves and ruin the company. I wonder whether Symphony really has a plan what to do. My predic... more...
By Someone
As Ex-Employee
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Layoff Survival & Bounce Back Center
Accentuating the Positive After a Layoff
AFTER a layoff, your self-esteem and personal relationships may take a hit. Your bank account and quality of life may both spiral downward. You may not even be sure you can pay your mortgage or rent.

And now you’re supposed to go out and convince employers that you’d be a great hire... more...
 
Bouncing back from layoff
Mr Freddie Low, who was retrenched last month, is now upbeat about his new job as an IT manager with SearchWorks, an Asian recruitment agency. — ST PHOTO: DESMOND LIM

When Mr Freddie Low’s boss called him up last month, he was told to choose between ‘resigning’ and receiving ‘... more...
 
5 Ideas for Maintaining Morale after Layoffs
Workers who remain after downsizing experience emotions that range from initial relief to guilt over their good fortune. Following layoffs, managers can provide support specific to survivors.

As bad as the unemployment situation is right now, a lot of people still have avoided the axe. ... more...
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