General Mills to eliminate about 850 jobs
Food maker General Mills Inc. said Tuesday it will cut about 850 jobs as part of a plan to lower costs and boost efficiency. The Minneapolis-based maker of Cheerios cereal, Nature Valley granola bars and Hamburger Helper said the moves will make it more effective and allow it to focus on key growth strategies. [...]
U.S. Northern Command at Peterson Air Force Base will cut 79 jobs through October as part of a plan to cut the Department of Defense budget. Northern Command and North American Aerospace Defense Command will cut 40 military jobs and 39 civilian jobs. The two commands follow under Navy Adm. James A. Winnefeld. The military [...]
Continue reading …Humana will cut its work force by 5 percent, or 1,400 people, during 2010, the result of lower enrollment rates at the insurance company. The company plans to reduce the impact of 2,500 job cuts by adding 1,100 jobs in medical-cost containment, pharmacy management and specialty products – the company’s growth areas. Humana said the [...]
Continue reading …For many Americans, the Labor Day tradition is marked by barbecues and deciding between burgers and brats. But, in the business world, the heaviest job downsizing period of the year traditionally starts after the holiday. This year, however, could defy tradition. The heaviest cuts may have occurred during the first quarter. As the economy shows signs [...]
Continue reading …US Airways is cutting 600 ground jobs this fall as it continues to struggle with the slow economy – and some of those losses will impact Colorado Springs this fall. The airline said yesterday that the biggest cut will be the elimination of 340 customer service positions. Those agents will lose their jobs on Sept. [...]
Continue reading …National job cuts during June were the lowest in 15 months. At 74,393, the announcements dropped below 100,000 for the first time since September, and were 33 percent lower than the 111,182 layoffs announced during May. These layoffs were the fewest since March 2008, when 53,579 were announced. Historically, job cuts decline in the second [...]
Continue reading …First quarter technology job cuts were nearly five times higher than the 17,345 cuts announced last year during the same period. Challenger, Gray & Christmas Inc. released a report today stating that planned job cuts in the United States tech sector totaled 84,217, up 27 percent from 66,312 during the previous quarter. However, during the dot-com [...]
Continue reading …The number of planned job job cuts in the United States fell for the second consecutive month in March, falling 19.3 percent from February, according to a report by global outplacement firm Challenger, Gray and Christmas. The March figure was the lowest since October 2008, and comes on the heels of a 23 percent decline [...]
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