Siemens Gamesa Renewable Energy SA (BME:SGRE) will be shedding 202 employees in Fort Madison, Iowa as part of the renewable energy company’s larger move to make job cuts throughout its workforce. The Siemens Gamesa layoffs will be at its turbine blade manufacturing plant because the Siemens Gamesa turbine demand has been steadily declining. This has (more…)
Amazon.com, Inc. (NASDAQ:AMZN) is continuing to reshape the retail industry in profound ways, with many concerned across the U.S that the company will soon dominating the retail sector to the point that other businesses in the industry, both large and small, will be forced out. This is the worst case scenario of what many have (more…)
The North Carolina unemployment rate has climbed to 4.5%, the highest level it’s reached in the past seven months, and nearly one-tenth higher than the national average of 4.1%. The North Carolina jobless rate hit some industries harder than others, with the overall workforce declining as well, compared to October. The North Carolina job losses (more…)
Funny or Die, the prominent comedy and film company started by Will Ferrell in 2007, has made further reductions to its workforce after several years of job cuts. Funny or Die layoffs in 2018 have started to be implemented, while the precise number of jobs being cut is as-of-yet undisclosed.
The bankruptcy of Toys “R” Us, Inc. has claimed nearly 200 more stores as the company continues to search out ways to reduce its substantial debt and emerge from its reorganization process on a path toward solvency. Toys “R” Us closing stores is nothing new, with the company shuttering hundreds of stores since it first announced (more…)
Amazon.com, Inc. (NASDAQ:AMZN) has finally opened its automated grocery store, “Amazon Go,” sparking fears that retail job losses due to automation will be sure to follow. Amazon’s checkout-free grocery store was slated to open in 2017, but multiple hiccups delayed the innovative grocer. Now, however, Amazon Go-based job cuts are worrying analysts and workers in (more…)
For the first time in the 136-year history of the paper, the Los Angeles Times has voted overwhelmingly in favor of unionizing. The LA Times union vote came down to a 248–44 split favoring the formation of a union. The move is the first step in what will now be a potentially long and arduous (more…)
In what is being seen as a surprise move, Microsoft Corporation (NASDAQ:MSFT) is making job cuts at Microsoft HQ and in the company’s global workforce. As part of the Microsoft layoffs in 2018, the company’s headquarters in Redmon, Washington will see an as-of-yet undisclosed number of job cuts. The Washington layoffs will mainly be in the Microsoft (more…)
Sphero, a popular robot design company known for making toy products associated with popular movie franchises like Star Wars, Spider-Man, and Cars, has started off 2018 with layoffs. Following Sphero holiday sales figures that failed to live up to expectations, the company has shed 45 staff members across the globe, hitting a variety of departments.
The oldest luxury department store in America, Lord & Taylor, LLC, announced that it will be shedding 202 employees at a distribution center as part of its Pennsylvania layoffs, targeting workers in Luzerne County. The Lord & Taylor layoffs in 2018 follow as the company—like many other retail stores—continues to try and adapt to the new (more…)