Sep 20, 2013 — The company plans to cut 40 percent, or 4,500 workers, as it continues to reel from a dramatic loss of market share to smartphone makers such as Apple.
Jan 10, 2013 — The cuts will come primarily in the company's travel business, and account for about 8.5 percent of AmEx's 63,500- person workforce. American Express said it will take a $287 million restructuring charge associated with the layoffs.
Jan 3, 2013 — Last year, American companies announced the fewest number of layoffs for any year since 1997. That's good news. In December, they added on 215,000 workers, according to a new survey. That's good news too. But last week more people filed first-time claims for unemployment insurance.
Dec 5, 2012 — Banks have been under increasing pressure to cut costs and eliminate redundancies. The cuts will eliminate about 4 percent of Citi's workforce.
Nov 30, 2011 — The increase in the ADP National Employment Report was well above economists' expectations. And it could be a sign that Friday's news from the government on November job growth will also be positive.
Aug 31, 2011 — Government agencies and private employers said this month that they plan to lay off 51,114 workers, the outplacement consultants Challenger, Gray & Christmas reported this morning. Meanwhile, ADP says private payrolls rose by 91,000.
Aug 5, 2011 — The Los Angeles school district has rehired 450 elementary school teachers who had been laid off in June. The AP reports that the jobs were restored after "a combination of retirements, resignations, dismissals and a four-day furlough agreement with the teachers union allowed the district to rescind the layoffs."
Dec 15, 2008 — As one walks from NPR's basement garage inside to the elevator, a sign asks to make sure the door shuts tightly. "We don't want the bliss to escape," it says.