When I first started career counseling, 25 long years ago, layoffs were still viewed as emergency procedures, to be undertaken only under the direst of circumstances. Companies feared negative publicity for kicking people out of the workplace, not to mention the public perception that they were one step from absolute failure. My, what a difference [...]
layoffs
Early figures were released today indicating that private sector job loss rose in March to 742,000. Official tallies from the U.S. government will be released at the end of the week (and we’ll be sure to report on them), but the numbers coming out today from the payroll firm ADP indicate that the recession is [...]
The news hasn’t been good for weeks, but today America’s job market reached an all-time low. CNN reported this afternoon that 71,400 jobs were lost today. That’s the single highest job loss day since 1945. The companies affected include: – Catepillar, which is cutting 20,000 jobs – Drug-maker Pfizer, which is reducing its workforce by [...]
