Layoffs

FILE - In this Jan. 14, 2016, photo, cars drive into the MGM Grand hotel and casino in Las Vegas. Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday, April 29, 2019, include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. (AP Photo/John Locher, File)
April 30, 2019 - 11:08 am
LAS VEGAS (AP) — Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. Chief Financial Officer Corey Sanders says...
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FILE- In this Oct. 24, 2017, file photo, the logo for 3M appears on a screen above the trading floor of the New York Stock Exchange. 3M plans to cut 2,000 globally as part of a restructuring due to a slower-than-expected 2019. The maker of Post-it notes, industrial coatings and ceramics said Thursday that the move is expected to save about $225 million to $250 million a year. (AP Photo/Richard Drew, File)
April 25, 2019 - 1:13 pm
ST PAUL, Minn. (AP) — Shares in 3M posted their biggest one-day drop in decades after the company reported first quarter results that fell short of Wall Street projections. The company also announced plans to cut 2,000 jobs worldwide as part of a restructuring due to a slower-than-expected 2019...
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In this Thursday, March 7, 2019, photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, March 8, the U.S. government issues the February jobs report, which will reveal the latest unemployment rate and number of jobs U.S. employers added. (AP Photo/Keith Srakocic)
March 08, 2019 - 6:09 am
WASHINGTON (AP) — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month's weak gain came...
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Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit, Tuesday, Feb. 26, 2019. Fiat Chrysler announced plans on Tuesday for a new Jeep factory, the city's first new auto plant in a generation, as part of a $4.5 billion manufacturing expansion in southeast Michigan. FCA said it would convert the Mack Avenue Engine factory to an assembly plant for the next-generation Jeep Grand Cherokee and make an investment at Jefferson North Assembly Plant to retool and modernize the factory for continued production of the Dodge Durango. (AP Photo/Carlos Osorio)
February 26, 2019 - 4:06 pm
DETROIT (AP) — Fiat Chrysler on Tuesday announced a $4.5 billion plan that includes building the first new auto assembly plant in Detroit in almost three decades and increasing its workforce in the area by about 6,500 jobs, an investment officials touted as an uncommon opportunity to revive the...
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FILE - This June 13, 2013 file photo shows the Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday, Feb. 12, 2019, illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players move on to the next craze. (AP Photo/Jae C. Hong, File)
February 12, 2019 - 5:03 pm
SANTA MONICA, Calif. (AP) — Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied...
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FILE - In this Oct. 30, 2014, file photo, the Vice logo is seen at a joint venture announcement between Vice Media and Roger Communications in Toronto. Vice Media is cutting 250 jobs globally as it seeks to shore up its profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice’s 2,500 staff, said company spokeswoman Danielle Carrig on Friday, Feb. 1, 2019. But she said Vice plans to add jobs as well in departments including sales and digital news as it focuses on its units with potential for growth. (Nathan Denette/The Canadian Press via AP, File)
February 01, 2019 - 12:02 pm
NEW YORK (AP) — Vice Media is cutting 250 jobs globally as it seeks to achieve profitability. It is the latest round of layoffs as the media industry contracts. The cuts affect about 10 percent of Vice's 2,500 staff, said company spokeswoman Danielle Carrig. But she said Vice plans to add jobs as...
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FILE- In this Dec. 26, 2018, file photo an Apple logo is seen in raindrops on a window outside an Apple Store at the Country Club Plaza shopping district in Kansas City, Mo. Apple is reducing the size of its workforce assigned to driverless car technology as the company reorganizes amid weakening sales of iPhones, its biggest moneymaker. The company acknowledged the cutbacks in a Thursday, Jan. 24, 2019, statement, without specifying the number of jobs affected. CNBC reported that more than 200 employees were dismissed from Apple’s self-driving car division, known internally as “Project Titan.” (AP Photo/Charlie Riedel, File)
January 24, 2019 - 1:24 pm
SAN FRANCISCO (AP) — Apple is reducing the size of its workforce assigned to driverless car technology as the company reorganizes amid weakening sales of iPhones, its biggest moneymaker. The company acknowledged the cutbacks in a Thursday statement, without specifying the number of jobs affected...
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January 23, 2019 - 1:42 pm
NEW YORK (AP) — Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division. The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent roughly $10 billion buying up former...
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January 11, 2019 - 5:54 pm
HAWTHORNE, Calif. (AP) — SpaceX is laying off 10 percent of its roughly 6,000 workers, saying it needs to get leaner so it can succeed in enormous projects such as creating an interplanetary spacecraft. The Los Angeles Times reports that the cuts were announced Friday in an email to employees of...
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Chairwoman and CEO of General Motors Mary Barra is interviewed on the floor of the New York Stock Exchange, Friday, Jan. 11, 2019. General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. (AP Photo/Richard Drew)
January 11, 2019 - 8:58 am
DETROIT (AP) — General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says the company doesn't foresee...
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