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Post by popcorn on Jan 29, 2014 22:40:56 GMT -5
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Post by popcorn on Feb 3, 2014 22:52:10 GMT -5
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Post by popcorn on Feb 6, 2014 8:23:12 GMT -5
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Post by popcorn on Feb 10, 2014 16:52:24 GMT -5
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Post by popcorn on Feb 11, 2014 20:45:54 GMT -5
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Post by popcorn on Feb 13, 2014 8:20:18 GMT -5
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Post by popcorn on Feb 16, 2014 10:48:32 GMT -5
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Post by popcorn on Feb 19, 2014 18:55:53 GMT -5
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Post by popcorn on Feb 24, 2014 8:49:38 GMT -5
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Post by popcorn on Feb 25, 2014 7:22:18 GMT -5
JPMorgan Chase to cut thousands more jobs JPMorgan Chase is planning more job cuts in its mortgage business on top of the 13,000-15,000 positions already due to be slashed because of plunging demand for home loans. Several thousand more cuts are planned, according to people familiar with the matter, and could be announced at JPMorgan’s annual investor day on Tuesday. They are part of a new efficiency drive at the largest US bank by assets that also encompasses staffing branches with fewer employees. Jamie Dimon, chief executive, and his management team are due to address shareholders for the first time since the bank agreed to a record $13bn settlement with the Department of Justice and regulators to resolve allegations of mortgage mis-selling. Despite two years of giant legal costs and fraught run-ins with regulators, the investor meeting comes at a time when the bank’s share price of $58.03 is close to a record high. read more: www.cnbc.com/id/101442047
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Post by popcorn on Feb 25, 2014 8:12:23 GMT -5
www.dailyjobcuts.com/February 25 , 2014 Maximus Call Center in Boise - 1,600 Newark Schools NJ - Warns of Massive Layoffs Update: JPMorgan Chase - 8,000 JPMorgan Chase - Thousands of Job Cuts Coming? Cenveo - 133 in Jacksonville Newmont Mining Corp ( International ) - 500+ February Announced Closing Total (Est.) - 290 February 25 , 2014 Office Depot will close its Coeur d’Alene store ID Verifications, Inc of Watertown SD Closing - 120 Job Losses Good Shepherd Health System - closing a hospital and two clinics in Northeast Texas Video rental store Photoplay in Brooklyn NY Kmart will close its store on East Lincoln Highway in Middletown Update: Commodore Corporation Closing down in Danville VA. Central Furniture and Carpeting in Boston Ind.
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Post by popcorn on Feb 27, 2014 8:12:19 GMT -5
Daily job cuts dot com has all the news www.dailyjobcuts.com/Wells Fargo - 700 General Dynamics Lynn Haven FL - 730?? Best Buy - up to 2,000 Manager Layoffs LeMaitre Vascular - 10% or 30 Acxiom Corp. - 3rd Round of Layoffs Begins Acxiom Corp Qantas ( International ) - 5,000 Cox Communications - 500 San Diego Sony Electronics San Diego - 400 National Freight Inc. Closing Distribution Center in Johnstown - 112 Jobs Lost H.J. Heinz Co - 2 Europe Plants ( International ) plant in Turnout, Belgium, and one in Seesen, Germany Commonwealth Health will close Wilkes-Barre General Hospital's business office - 87 Jobs Lost Sony is Closing 20 US Retail Stores Cox Communications Shutting Down Pensacola Customer Call Center The Blood Systems Call Center on Concord Street Texas? - 100 Jobs Lost
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Post by popcorn on Mar 4, 2014 9:45:30 GMT -5
Radio Shack to close 1,100 stores After reporting dismal fourth-quarter earnings, Radio Shack said Tuesday that it would close about 1,100 poorly performing stores, roughly 20% of the electronic retailer’s locations. The store closings will leave about 4,000 locations in the U.S. The company has been struggling to revamp its stores for the past year. Total net sales and operating revenues were $935.4 million in the fourth quarter, vs. $1,171.4 million last year, a 20% decline. Comparable store sales were down 19%, which the company blames on poor performance in its mobile phone business. Radio Shack stock (ticker: RSH) was down more than 20% in premarket trading. read more: www.usatoday.com/story/money/markets/2014/03/04/radio-shack-to-close-stores/6007317/
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Post by PrisonerOfHope on Mar 4, 2014 13:25:15 GMT -5
Does anyone even shop at Radio Shack anymore? Last time I was there it was to replace my "dumb phone" that had gotten wet. First store I went to had no customers, and the manager had no idea of whether or not the phone would work with my plan. At the second store there were no customers either; the guy did know that the phone would work, but you can't make a purchase at Radio Shack unless you give them your phone number! I don't give my number out indiscriminately, so I gave him an old number, and when he said the name of the person who apparently has the number now I just said yes.
A friend of mine who is a well-known radio personality won't shop there anymore - not only did they insist that he give them his ADDRESS and phone number, but they wanted him to show proof that they were actually his. (I guess a lot of people do as I did.)
There are far better places to shop - I don't think anyone will miss Radio Shack, apart from the employees.
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Post by popcorn on Mar 6, 2014 9:19:48 GMT -5
Staples to shut 225 stores in North America as sales fall (Reuters) - Staples Inc , the largest U.S. office supplies retailer, forecast a fall in current-quarter sales as it loses customers to mass market chains and e-retailers, and the company said it would close up to 225 stores in North America by 2015. Staples' shares fell 9 percent before the bell, after the company also posted lower-than-expected fourth-quarter results and forecast current-quarter profit below analysts' estimates. The company operates 1,515 stores in the United States and 331 stores in Canada. read more: money.msn.com/business-news/article.aspx?feed=OBR&date=20140306&id=17411148
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Post by popcorn on Mar 7, 2014 9:42:10 GMT -5
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Post by popcorn on Mar 10, 2014 12:21:11 GMT -5
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Post by popcorn on Mar 12, 2014 5:41:31 GMT -5
UniCredit Posts Record Loss, Plans 8,500 Job Cuts www.businessweek.com/news/2014-03-11/unicredit-posts-record-loss-on-bad-loans-goodwill-writedownsManitowoc Co. - 150 Zurich Insurance Group - 800 Globally Sesa Sterlite Ltd ( International ) - up to 1,000 Long Island College Hospital - 300 to 350 NCO Financial Systems Va. Call Center - 107 Bell & Howell, will Shut down Plant in Bethlehem Township PA Kent plastics plant shutter its doors in May. Factories in Houston and Allsip, Ill., are also set to close; the others marked for closure have yet to be announced. read more: www.dailyjobcuts.com/
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Post by popcorn on Mar 12, 2014 15:14:53 GMT -5
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Post by popcorn on Mar 18, 2014 12:06:12 GMT -5
Siemens to cut 15,000 jobs by end of 2014 www.dw.de/siemens-to-cut-15000-jobs-by-end-of-2014/a-17122234CSIRO job cuts will reduce science agency by almost 10%, says union CSIRO acknowledges hundreds of jobs will go as a result but some estimates have been as high as 3,000, taking the CPSU’s CSIRO staff association by surprise. www.theguardian.com/world/2014/mar/17/csiro-job-cuts-will-reduce-science-agency-by-almost-10-says-unionGOP bill would cut civilian defense jobs, shift cash to military Several House Republicans have introduced legislation that would reduce the civilian defense workforce by 15 percent in six years and use the savings from the cuts to boost military readiness and support active-duty personnel. The Rebalance for an Effective Defense Uniform and Civilian Employees, or REDUCE, Act would cut nearly 115,000 jobs from the Defense Department, from the current 770,00-person workforce down to roughly 655,000, GovExec.com reported www.foxnews.com/politics/2014/03/18/gop-bill-would-cut-civilian-defense-jobs-shift-cash-to-military/
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Post by popcorn on Mar 19, 2014 5:43:46 GMT -5
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Post by popcorn on Mar 20, 2014 5:58:03 GMT -5
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Post by popcorn on Mar 20, 2014 21:28:09 GMT -5
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Post by popcorn on Mar 22, 2014 6:55:46 GMT -5
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Post by popcorn on Mar 24, 2014 14:24:30 GMT -5
Juniper ‘right-sizing’ may mean deep job cuts The Silicon Valley network equipment maker is preparing to cut as many as 800 jobs, or about 8% of its workforce, according to SDN Central. www.rcrwireless.com/article/20140324/capital-markets/juniper-right-sizing-may-mean-deep-job-cuts/Job Cuts Possible At Fort Jackson "3,100 positions. That's just under half of our total workforce at Fort Jackson www.wltx.com/story/news/local/2014/03/20/fort-jackson-job-cuts/6669447/BNP Paribas says to cut 1,600 jobs in Ukraine www.reuters.com/article/2014/03/24/us-bnpparibas-strategy-idUSBREA2N0C920140324?feedType=RSSGE Fort Edward job cuts pushed back to 2015 About 200 jobs will be lost. wnyt.com/article/stories/S3373221.shtmlAs Bechtel Corp. finishes work on the first phase of the Silver Line project, the Reston-based company is planning to lay off 117 workers by the end of the year, The Washington Business Journal reports. reston.patch.com/groups/business-news/p/restonbased-company-plans-layoffsNew Leighton chief executive Marcelino Fernandez Verdes is cutting up to 1000 jobs in Hochtief's core construction business, Hochtief Solutions, after selling non-core investments in airports and real estate. Read more: www.smh.com.au/business/suitor-hochtief-warns-of-leighton-job-cuts-20140316-34vh9.html#ixzz2wuT7tzn8Rockwell Automation has cut 150 jobs from its Milwaukee headquarters. Most of the the positions where support jobs in the maintenance department, electricians, and news.msn.com/politics/video?videoid=06c43f6c-33aa-4165-b6b2-b34d9e624769British Gas (BG) unit QGC will reduce its Brisbane staff numbers by about a quarter as it begins preparations to start operations at its gas export project in Queensland later in the year. The company would not clarify the extent of the job losses, but industry sources have suggested that around a quarter of its 1200 jobs in Brisbane will be cut. Read more: www.smh.com.au/business/bg-cuts-hundreds-of-lng-jobs-20140321-3581v.html#ixzz2wv6IeEJP
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