Layoff Talk
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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.
Recent Layoff News
AOL plans to reduce its operating cost, and so is asking for so-called voluntary layoffs. Involuntary layoffs will follow if AOL does not hit its target of shedding $200 million in the first half of 2010. Time Warner plans to spin the company off in 2010. more...
 
The News Media Guild is calling it “Black Tuesday at AP.” The union says it has received official notice from the Associated Press that 57 employees got termination notices on Tuesday (11/17).

The AP had previously said it planned to cut its payroll by 10% by the end of 2009, so the... more...
 
The business magazine was recently bought by Bloomberg LP from McGraw-Hill. The deal is set to be finalized on the first of December, perhaps why Bloomberg is finalizing its plans for the future of the weekly magazine.

Reportedly there has already been a small amount of layoffs this we... more...
 
Invista said Wednesday that 110 employees and contractors will be laid off at the Waynesboro plant, and attributed the reductions to a continued sluggish demand in the carpet and apparel industries.
The company said the reductions will happen in the coming months, but did not offer an exact ti... more...
 
Invista said Wednesday that 110 employees and contractors will be laid off at the Waynesboro plant, and attributed the reductions to a continued sluggish demand in the carpet and apparel industries.
The company said the reductions will happen in the coming months, but did not offer an exact ti... more...
 
In a story about the Sony Ericsson Xperia X10, we noted that the joint-venture was counting on the device to gain some traction and momentum in the business. But we also noted that the situation was not as dire as Palm's when that company threw the Hail Mary pass that became the Pre. We might h... more...
 
Aetna today announced that it is laying off about 1,250 people by the end of the first quarter 2010, including 160 immediate cuts in Connecticut.
The company said the workforce reduction is a result of declining enrollments caused by the economic downturn, as well as the threat of health care ... more...
 
SAN ANTONIO – About 250 workers at Boeing’s Port San Antonio facility are due to receive layoff notices in the coming days.

On Tuesday, Boeing announced employees tied to the KC-10 aerial refueling aircraft’s operations will be off the project by late January. more...
 
The company, whose machinery and parts help run everything from trucks and ocean liners to fighter jets and water-treatment plants, cut 15% of its 83,000 full-time workers. Mr. Cutler also ordered the workers who remained—including top managers—to take a week off without pay each quarter. And wh... more...
 
PEARL RIVER — A senior manager at Pfizer Pearl River said the company has told 600 people they will be laid off in 2010, significantly more employees than previously reported.

The company this week said Pearl River would be one of five core research centers worldwide after Pfizer merg... more...