The number of planned layoffs at U.S. firms rose in February to its highest level in 11 months as government and non-profit employers let workers go, a report showed Wednesday. Get the full story »
Inside these posts: Planned layoffs
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Kmart, 6 others warn of Illinois layoffs
Kmart is among seven companies that have warned the state this month that they are planning closings or mass layoffs. Kmarts in Franklin Park, Ill., and Washington, Ill., will close, the company said, putting 144 employees out of work.
The Illinois Department of Commerce and Opportunity requires employers to provide 60 days notice of plant closures or mass layoffs. The law applies to businesses with 75 or more full-time workers. Get the full story »
Planned layoffs up slightly in private sector in Sept.
The number of planned layoffs at U.S. firms rose slightly in September, though it was the second lowest level of the year, a report Wednesday said.
Employers announced 37,151 planned job cuts last month, up 7 percent from the 34,768 job cuts reported in August, according to the report from global outplacement consultancy Challenger, Gray & Christmas Inc. Get the full story »
