Job Cuts

Charleston Area Medical Center Layoffs Axing Hundreds of Jobs

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Charleston Area Medical Center to Shed 300 Employees Charleston Area Medical Center (CAMC), which is the primary hospital system in Charleston, West Virginia, has announced that it will be cutting 300 jobs as it faces financial difficulties. The job cuts include 56 unfilled non-clinical positions. Another 75 positions are going to be eliminated through attrition. (more…)

Neiman Marcus Layoffs to Axe 225 Positions as Part of Reorganization

Entrance to Neiman Marcus at the Ala Moana Center

Neiman Marcus Cuts Jobs Amid Reorganization Efforts A department store chain known for selling designer apparel, shoes, handbags, and luxury beauty products—Neiman Marcus Group Ltd LLC—has announced that it will be cutting about 225 jobs as part of its reorganization plan. Employees across all brands and operating divisions in the company will be affected in (more…)

Direct Energy Layoffs to Impact Over 100 Workers in Maryland

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Direct Energy to Lay Off 108 Employees in Columbia, Maryland One of North America’s largest electricity and natural gas retailers, Direct Energy, has announced that the company will be scaling back its residential solar installation business. As a result, 108 employees working in its solar energy arm, Direct Energy Solar, will be laid off in Columbia, (more…)

Seadrill Ltd Warns of Chapter 11

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Seadrill Ltd (NYSE:SDRL) announced that it has delayed restructuring its $14.0 billion in debt and liabilities until September 12 from a previous deadline of July 31. The offshore drilling contractor also warned that it will most likely file for Chapter 11 bankruptcy protection.

Ultra Foods Layoffs, Store Closures Coming after Failure to Find Buyer

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Ultra Foods to Lay Off  Employees in Highland, Indiana Two Ultra Foods store locations are closing after the chain’s parent company, Central Grocers, Inc., failed to find a buyer for the struggling grocery stores. The Joliet, Illinois-based Central Grocers, which filed for bankruptcy earlier this year, announced that the company will be closing its Ultra Foods supermarkets in Highland, Indiana (more…)

Global Agribusiness Giant Cutting Jobs

Grain Bins and Corn Pile in Iowa

Archer Daniels Midland to Lay Off Employees One of America’s biggest food production and food processing companies, Archer Daniels Midland Company (ADM), has announced plans to lay off employees as it faces financial challenges. According to company spokesperson Colin McBean, the layoffs are part of the company’s efforts to streamline its business as the agribusiness (more…)