http://laidoffnation.com Layoffs, Unemployment, Job Hunting Fri, 09 Oct 2009 19:52:59 +0000 http://backend.userland.com/rss092 en Well, there is good news and bad news from September's unemployment numbers. The bad news is that unemployment is still getting worse, but most people expected that. The good news is that the pace at which unemployment is worsening has reversed. Bad a couple months, I made a prediction that this ... http://laidoffnation.com/2009/10/september-unemployment/ Well, let's hope the predictions are wrong but I keep hearing a lot about the prospects of a jobless recovery, as I alluded to in the previous post. What is a jobless recovery? According to Wikipedia: A jobless recovery or jobless growth is a phrase used by economists to describe the recovery ... http://laidoffnation.com/2009/09/jobless-recovery/ So a reduction in force (a "RIF") is basically just a layoff or eliminating of a position. While you can always count the number of humans laid off at companies across America, it is important to consider that eliminated positions could make our recovery efforts even worse. For example, a company ... http://laidoffnation.com/2009/09/reduction-in-force/ I would just like to apologize to my readers for my recent absence over the past month. I've been moving to a new city and preparing for the rigors of continued education in graduate school. I should be able to not only keep up my previous posting levels but break ... http://laidoffnation.com/2009/09/where-have-i-been/ According to the Anniston Star, BAE Systems will layoff up to 259 workers in September. BAE Systems is one of the largest defense contractors both in the United States and globally. A spokeswoman for the company stated that even with the layoffs, there will still be 200 more workers at ... http://laidoffnation.com/2009/08/bae-systems-layoffs/ According to the Globes, Cisco has announced it will layoff 2000 employees worldwide. Out of those 2,000 position reductions, 35% or 700 layoffs will be in California. The company is clearly trying to cut costs as revenue fell drastically in the first quarter of this year along with many technology ... http://laidoffnation.com/2009/07/cisco-layoffs/ I know them, you know them. Everyone knows them! Crocs haven't been around that long but they've sold millions and millions of pairs. Yet, the economy has hit the unique shoe manufacturer very hard. According to CBS News, losses from last year ($185 million) exceeded the profits of 2007. How do ... http://laidoffnation.com/2009/07/crocs-layoffs/ Recently, there has been a lot of rumors about McGraw-Hill trying to sell BusinessWeek magazine. Right now the weekly business magazine is losing money so the deal could be for only $1. McGraw-Hill would get $1 and the purchaser would pay the magazine's millions of dollars in debt. The book publishing ... http://laidoffnation.com/2009/07/mcgraw-hill-layoffs/ Sometimes layoffs hit more than 10% of the company. Smith & Hawken, an upscale gardening store, will close after being in business for 30 years. There are over 50 Smith & Hawken stores across the United States in over 20 different states. According to the Seattle Times, the "Going-out-of business ... http://laidoffnation.com/2009/07/smith-and-hawken-going-out-of-business/ Good news for our Texas visitors. The battle against unemployment will be fought primarily through our state governments. The federal government helps fund programs such as unemployment insurance and the federal government is the largest employer but those are its two main contributions. Many of our programs and daily activities are ... http://laidoffnation.com/2009/07/texas-workforce-commission/