The College of New Rochelle has laid off 32 people, including 10 tenured faculty members. The remaining employees let go were non-tenured instructional faculty, staff, and others from the administration.
Dennis Muilenburg, chief executive officer of the world’s largest aerospace company, Boeing Co (NYSE:BA), denies that moving some of the company’s aircraft completion work to China and other markets will affect its U.S. manufacturing workforce.
Subway, the country’s most ubiquitous chain, saw its number of stores shrink for the first time ever in 2016. The company lost 356 domestic stores in 2016, the first time the company has ever had a net reduction. The closing of 356 U.S. restaurants represents a 1.3% drop in the company’s total store count.
Vision Construction Co. Inc., a general contractor based out of San Antonio, Texas, announced that it has filed for Chapter 11 bankruptcy protection and is looking to reorganize the business.
Dozens of Jobs lost at Medical Support and Supply Company Cardinal Health Inc (NYSE:CAH), a Fortune 500 healthcare company, announced it will be closing its facility in Halfmoon, New York this fall, jettisoning 37 jobs.
The troubles continue to pile up for beleaguered clothing manufacturer BCBG Max Azria Group, LLC. The upscale women’s clothing chain, which announced earlier in the year that it would shutter many of its brick-and-mortar shops and restructure its business, has hit a snag with its efforts to emerge from Chapter 11 bankruptcy protection.
Republican Paul Ryan may be Speaker of the United States House of Representatives and a vocal supporter of “Buy American,” but he couldn’t prevent General Electric Company (NYSE:GE) from closing a plant in his own district in Wisconsin and moving it to Canada.
The U.S. retail landscape is in trouble, with traditional brick-and-mortar stores closing and the bankruptcy rate soaring. But according to a major Wall Street firm, it’s going to get a lot worse.
Pick ’n Save Closing Six Locations The footprint of Pick ’n Save, a leading grocer in Wisconsin, is about to get a lot smaller, with another raft of stores slated to close this summer. Pick ’n Save is closing stores in Kenosha and Sheboygan by the end of June, leaving 169 employees out of work (more…)
Riverside County has handed out pink slips to 32 of its employees from different departments as the county tries to cut costs and get the its budget deficit in order. Layoff notices were sent to 23 code enforcement employees and one in the Transportation & Land management Agency in the last week of May. Eight (more…)