America Closed News Desk

Weekly News Update for November 19, 2017: Retail Hiring Declines; Belk Closes Stores; Pacific Drilling Bankruptcy & More

Retail Hiring Decline

A lot of industries have been facing the challenges of cost-cutting and reorganization, forcing them to lay people off all through the year. The year 2017 has been a particularly difficult year for retail, manufacturing, the oil and gas industry, and even the aerospace market, with stores and facilities shutting down and rocket makers failing (more…)

AT&T Layoffs 2017: AT&T Call Centers in Texas Faced Most of the Job Cuts

AT&T Layoffs

AT&T Call Center Layoffs Continue Decreasing call volumes to AT&T Inc. (NYSE:T) call centers have led to layoffs in various cities as the Dallas-based telecommunications company continues to face challenges in 2017. Doing what it takes to stay competitive and operationally profitable is the main goal of any business. Retraining, restructuring, cost-cutting, and downsizing are the (more…)

Weekly Layoffs Update for November 18, 2017: Job Cuts at AdColony, Mandalay Bay, GE Digital, ESPN & Mylan 

AdColony layoffs 2017

  Here is our weekly layoffs update of events impacting various industries this week. The recent mass shooting has impacted the tourism business in Las Vegas, causing Mandalay Bay to lay off several employees. Sports coverage network ESPN is facing a slowdown, issuing more than 100 employees the dreaded pink slip. Meanwhile, the IT industry is (more…)

ESPN Layoffs: More Than 100 Employees Receiving a Pink Slip

ESPN Layoffs

Another round of ESPN layoffs has been announced, with employees to be let go between Thanksgiving and Christmas. When media and sports are grouped together, there is only one company that comes to mind: ESPN (Entertainment and Sports Programming Network). The network, known for its top on-air personalities, special guests, and SportsCenter musical tune, is (more…)

Cantrell Drug Bankruptcy, U.S. Inequality, Target Stores Closing, Healthcare Spending Soars & More: Weekly Roundup for November 12, 2017

Cantrell Drug Co. bankruptcy

In today’s weekly roundup, we wish to bring you up to speed on a few significant developments in certain industries. We know that the pharma industry is suffering and layoffs are being announced by major players in that sector. Even as healthcare spending soars, job losses seem to hit pharma companies negatively, an event which (more…)

Authenticom Layoffs: Company Slashes Half Its Workforce

Authenticom layoffs 2017

Authenticom, Inc. has announced that it will be making a significant cut to its workforce. These Authenticom layoffs seem to come on the heel of much more positive times for the company. Authenticom Layoffs Come after It Was Ranked One of the Highest-Growth Companies in the U.S. Two years ago, Authenticom, Inc. was being praised by then President (more…)

Tesla Layoffs 2017: SolarCity Merger and Annual Performance Review Led to Job Cuts

Tesla Layoffs 2017

Even the most innovative and technology-friendly company is not immune to the ups and downs of the economy. Take an innovator and disruptor like Tesla Inc (NASDAQ:TSLA); when Tesla layoffs were announced in 2017, everyone’s eyes were on them. The Tesla subsidiary SolarCity Corp sent a WARN notice to the California Employment Development Department declaring (more…)