News about <![CDATA[downsizing]]> News about en-us <![CDATA[7 Suggestions for Retirees Running Low on Money]]> DailyFinance.com: Alamy By Geoff Williams You know you should save for retirement. How much, when and what strategies to use are exhaustively dispensed by financial planners, accountants, economists and personal finance columnists. But what if you're a retiree who's... Read more]]> <![CDATA[Worried About a Money Disaster? Here's Your Plan B]]> DailyFinance.com: By Robert Brokamp Are you an "awfulizer"? Do you fear that something awful is around the corner, especially when it comes to your finances? Maybe that's not such a bad thing after all, given the recessions, layoffs, and market crashes of recent ... Read more]]> <![CDATA[Is Corporate America Too Focused on Profit Margins?]]> DailyFinance.com: A few days ago I penned a column in this space -- Why to Be Glad America Isn't Making TVs Anymore -- pointing out that when America "lost" the television manufacturing industry to Japan back in the '80s and early '90s, it wasn't necessarily a bad ... Read more]]> <![CDATA[For Workers Laid Off in Recessions, Big Pay Gaps Persist for Decades]]> DailyFinance.com: A new study finds when men lose their jobs during a recession and find new ones at lower salaries, the resulting pay gap lasts for decades. Co-authors Steve Davis of the University of Chicago and Till von Wachter of Columbia University found that ... Read more]]> <![CDATA[Layoffs Leave Everyone Worse Off]]> DailyFinance.com: The script for a layoff announcement in America these days is numbingly predictable, whether delivered by email or live at a beleaguered head office: The CEO reviews the tough economic landscape facing the firm, promises that "our employees will ... Read more]]> <![CDATA[Earnings Season: Harbinger to Another Round of Big Layoffs?]]> DailyFinance.com: Wall Street will watch second quarter earnings for telltale signs that the economy has slowed, or that revenue growth or margins have been compressed because of high commodities prices, or expenses which were added early in the year because a ... Read more]]> <![CDATA[Retirement Savings Basics, Part 2: Managing Your 401(k) After a Layoff]]> DailyFinance.com: In the first of this three-part series on the dos and don'ts of retirement savings, I reviewed how to best manage a 401(k) or similar employer-offered benefit. But as today's companies continue to combat the tough economy by downsizing, this ... Read more]]> <![CDATA[Layoffs Are Back: This Time, Public Sector Will Bear the Brunt]]> DailyFinance.com: The massive layoffs that followed the financial crisis were both a cause and a symptom of the Great Recession, crippling consumer spending and spreading pessimism. By October 2009, during a month when the U.S. economy lost 190,000 jobs, the ... Read more]]> <![CDATA[Consumer Sentiment Rises Slightly, Thanks to Encouraging Trends]]> Consumer Sentiment Index Jumps Slightly in January

The latest consumer sentiment index reading continues to show an American public that expects better days ahead, and fourth quarter GDP growth indicates a strengthening economy. But countervailing pressures remain: Initial jobless claims unexpectedly rose, and gas prices are high.

Continue reading Consumer Sentiment Rises Slightly, Thanks to Encouraging Trends

Consumer Sentiment Rises Slightly, Thanks to Encouraging Trends originally appeared on DailyFinance on Fri, 28 Jan 2011 12:10:00.

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<![CDATA[Tech Sector Job Cuts Fell to Lowest Level in a Decade in 2010]]>

Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.

Continue reading Tech Sector Job Cuts Fell to Lowest Level in a Decade in 2010

Tech Sector Job Cuts Fell to Lowest Level in a Decade in 2010 originally appeared on DailyFinance on Mon, 24 Jan 2011 12:19:00.

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<![CDATA[Buzzwords of the Week: Rightsizing and Rightshoring]]> Buzzwords of the Week: Rightsizing and Rightshoring

You can't call layoffs downsizing anymore, and offshoring sounds just as bad to workers as "shipping your jobs to Asia." What to do? Come up with better buzzwords, of course. And who could object to something so "right" as rightsizing or rightshoring?

Continue reading Buzzwords of the Week: Rightsizing and Rightshoring

Buzzwords of the Week: Rightsizing and Rightshoring originally appeared on DailyFinance on Sun, 16 Jan 2011 11:00:00.

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<![CDATA[Surviving an Accidental Retirement]]> How to Survive a Surprise Retirement

Lots of folks have reached retirement by surprise, thanks to the Great Recession. So, if you're scrambling to come up with a Plan B and plug the financial gap created by an unexpectedly early end to your career, here are some good ideas.

Continue reading Surviving an Accidental Retirement

Surviving an Accidental Retirement originally appeared on DailyFinance on Sat, 08 Jan 2011 09:00:00.

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<![CDATA[Pharmaceutical and Biotech Jobs Keep Disappearing]]> Biotech and pharmaceutical companies are laying off workers in the thousands.

Companies that develop medicines have been bleeding jobs in the last few months, with three -- Biogen Idec, Charles River Laboratories and NicOx -- announcing about 1,000 new workforce cuts this week. When will the bleeding stop?

Continue reading Pharmaceutical and Biotech Jobs Keep Disappearing

Pharmaceutical and Biotech Jobs Keep Disappearing originally appeared on DailyFinance on Thu, 04 Nov 2010 19:45:00.

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<![CDATA[Initial Jobless Claims Unexpectedly Rise, but Continuing Claims Plunge]]> Initial Jobless Claims Unexpectedly Rise, But Continuing Claims PlungeInitial jobless claims unexpectedly rose 13,000 to 462,000, but continuing claims plunged another 112,000 to 4.40 million, the Labor Department announced Thursday. Some of the decline in continuing claims comes from people who have exhausted their benefits, but some of it is also due to people finding work.

Economists surveyed by Bloomberg had predicted initial jobless claims would dip to 443,000....

Continue reading Initial Jobless Claims Unexpectedly Rise, but Continuing Claims Plunge

Initial Jobless Claims Unexpectedly Rise, but Continuing Claims Plunge originally appeared on DailyFinance on Thu, 14 Oct 2010 11:00:00.

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<![CDATA[Layoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms]]>

Employers who used job cuts to save money during the economic crisis knew that layoffs would put strains on the workers who remained. But now, those cost-cutting measures are impairing their ability to attract the top talent they'll need to rebound in the current sluggish economy.

Continue reading Layoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms

Layoffs and Budget Cuts Have Made Recruiting Tougher for U.S. Firms originally appeared on DailyFinance on Tue, 07 Sep 2010 16:00:00.

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<![CDATA[The Company Men: Will Anyone Sympathize WIth Laid-Off Executives?]]> The Company Men

The Weinstein Company's soon-to-be-released drama The Company Men is the story of three corporate executives who are downsized as victims of the beaten-down economy. It has a top-flight cast and director, but is America ready to show cinematic sympathy to the villains of the Great Recession?

Continue reading The Company Men: Will Anyone Sympathize WIth Laid-Off Executives?

The Company Men: Will Anyone Sympathize WIth Laid-Off Executives? originally appeared on DailyFinance on Tue, 27 Jul 2010 11:30:00.

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<![CDATA[Playboy Enterprises to Cut More Jobs in Bid to Restructure]]> Playboy Announces More Layoffs

Playboy Enterprises is downsizing again as it continues its transition from a lifestyle and media business into a brand-management company. The company expects to take a second-quarter restructuring charge of $3 million, but says the move will save it more than $3 million annually.

Continue reading Playboy Enterprises to Cut More Jobs in Bid to Restructure

Playboy Enterprises to Cut More Jobs in Bid to Restructure originally appeared on DailyFinance on Wed, 30 Jun 2010 12:08:00.

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<![CDATA[Do Powerful Politicians Cause Corporate Downsizing?]]> <![CDATA[Who's writing the Forbes tell-all?]]> DailyFinance: As sexy workplaces go, Forbes ranks somewhere far below Vogue, the (fictionalized) setting of The Devil Wears Prada. But the venerable business title is the subject of a tell-all currently being written by one (or more) of the many staffers whose ... Read more]]> <![CDATA[Time Inc. shuts down Fortune Small Business magazine]]> DailyFinance: On Wednesday morning, during Time Warner (TWX)'s third-quarter earnings conference call, chairman Jeff Bewkes said, "We'll continue to take a look at non-strategic and less profitable titles." Apparently, one of those non-strategic titles is Fortune ... Read more]]>