layoffs

National

New Jersey Mandates Severance Pay For Workers Facing Mass Layoffs

8:26pm January 22, 2020

by Vanessa Romo

"Workers' performance and workers' dedication to the company were secondary. Now, they'll be moved more to the forefront," state Sen. Joe Cryan, a co-sponsor of the bill, said.

Politics & Government

Budget Concerns Prompt NCDOT Layoffs

2:32pm August 14, 2019

by Keri Brown

The North Carolina Department of Transportation plans to layoff hundreds of workers. State transportation officials say most of the cuts will impact temporary and contract workers.

A man stands outside a Tesla dealership in Berlin on Jan. 4. On Friday, Tesla announced it would lay off 7 percent of its workforce, cutting some 3,000 jobs.

Economy

Tesla Cuts 3,000 Jobs As Elon Musk Aims To Make More Cars For Less Money

3:28pm January 18, 2019

by Camila Domonoske

The electric automaker is eliminating 7 percent of its workforce in a cost-cutting measure. "The road ahead is very difficult," Musk told employees in an email.

ESPN has been facing a slump in revenue that's most easily traced to cord-cutting by former cable subscribers.

ESPN Layoffs Begin, And Some 100 Employees May Lose Jobs

4:08pm April 26, 2017

by Bill Chappell

The cuts have already hit some well-known names, including veteran NFL reporter Ed Werder, college football analyst Danny Kanell and college basketball reporter C.L. Brown.

A driver operates a haul truck in the Ray Mine near Kearny, Ariz. Falling copper prices have residents of some small mining towns in Arizona worried as shrinking revenues bring layoffs.

With Prices Down And Layoffs Up, Copper Industry Still Looks To Grow

7:41am March 11, 2015

by Carrie Jung

The price of copper is down 40 percent from four years ago. Arizona residents from smaller mining towns worry about job losses, but some companies are planning to expand in the state.

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An oil well in Garden City, Texas. With prices plunging, oil companies are laying off thousands of workers.

As Oil Prices Tank, Firms Large And Small Feel The Pain

8:13pm February 19, 2015

by John Ydstie

Oil companies are laying off thousands of workers, and firms that provide services to support the industry — from drilling to seismic surveys — have been told they must slash costs to keep working.

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