Job Cuts

Multiple Factories Close in Montgomery

Store Closed

City Hit by Butterball, Caterpillar Factory Closures  Montgomery, Illinois was hit by not one but two recent factory closing announcements– one from Caterpillar Inc. (NYSE:CAT) and one from BUTTERBALL, LLC–which will impact hundreds of workers in the area.

Report: Automation to Kill More American Jobs in Retail

Amazon

Automation Puts American Workers at Risk of Massive Layoffs A new report by the Investor Responsibility Research Center Institute (IRRCi) finds that American retailers are increasingly moving towards automating their operations, thus putting millions of Americans at risk of facing layoffs in the coming years.

Cisco Eliminates 250 Jobs; 850 More Job Cuts Coming

Cisco

Cisco Systems, Inc. (NASDAQ:CSCO), a worldwide leader in information technology (IT), announced it is slashing 250 jobs in San Jose, California as the company’s focus transitions toward more software and subscription services. To make way for the transition, Cisco will be jettisoning a total of 1,100 jobs worldwide.