Copyright (c) 2008 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2170 Business - Layoffs/Outsourcing & Unemplo en-us Thu, 21 Aug 2008 19:55:39 GMT 5 142 18 http://news.yahoo.com/i/2170 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080821/ap_on_bi_ge/economy ap/20080821/economy AP Thu, 21 Aug 2008 19:55:39 GMT AP - NEW YORK — A private sector measure of the economy's health showed the largest drop in a year, and while new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence the languishing American economy remains stuck in low gear. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080821/ap_on_bi_ge/brazil_unemployment ap/20080821/brazil_unemployment AP Thu, 21 Aug 2008 17:20:40 GMT AP - Brazil says unemployment rose to 8.1 percent in July, reversing a five-month decline. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_dc nm/20080821/usa_economy_dc Reuters Thu, 21 Aug 2008 15:21:11 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_19t204052_450x319_us_usa_economy.jpg?x=130&y=92&q=85&sig=H7Btdvyj7iElP6W61fheIA--" align="left" height="92" width="130" alt="A woman shops at at a mall in a Denver suburb, May 16, 2008. (Rick Wilking/Reuters)" border="0" /></a>Reuters - Mid-Atlantic factory activity declined less rapidly in August while weekly jobless claims fell, in two reports on Thursday that revealed morsels of good news in an otherwise bleak economic environment.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_19t204052_450x319_us_usa_economy.jpg?x=130&y=92&q=85&sig=H7Btdvyj7iElP6W61fheIA--" align="left" height="92" width="130" alt="photo" title="A woman shops at at a mall in a Denver suburb, May 16, 2008. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080821/ap_on_bi_go_ec_fi/jobless_claims ap/20080821/jobless_claims AP Thu, 21 Aug 2008 13:09:37 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080821/ap_on_bi_go_ec_fi/jobless_claims"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080821/capt.292d11080c974b01bc2ebb400b2cb9c6.jobless_claims_nybz193.jpg?x=130&y=74&q=85&sig=jLjAHk6.E_w.SAgWckL.6A--" align="left" height="74" width="130" alt="In this July 30, 2008 file photo, jobs brochures are seen on display at a state unemployment office in Sunnyvale, Calif. The government says Thursday, Aug. 21, 2008, the number of newly laid-off workers seeking unemployment benefits fell more than expected last week, the second straight weekly drop from a six-year high. (AP Photo/Paul Sakuma, file)" border="0" /></a>AP - The number of newly laid-off workers seeking unemployment benefits fell more than expected last week, the second straight drop from a six-year high, according to government data released Thursday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080821/ap_on_bi_go_ec_fi/jobless_claims"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080821/capt.292d11080c974b01bc2ebb400b2cb9c6.jobless_claims_nybz193.jpg?x=130&y=74&q=85&sig=jLjAHk6.E_w.SAgWckL.6A--" align="left" height="74" width="130" alt="photo" title="In this July 30, 2008 file photo, jobs brochures are seen on display at a state unemployment office in Sunnyvale, Calif. The government says Thursday, Aug. 21, 2008, the number of newly laid-off workers seeking unemployment benefits fell more than expected last week, the second straight weekly drop from a six-year high. (AP Photo/Paul Sakuma, file)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_jobless_dc nm/20080821/usa_economy_jobless_dc Reuters Thu, 21 Aug 2008 12:52:22 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_jobless_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_21t133148_450x294_us_usa_economy_jobless.jpg?x=130&y=84&q=85&sig=ESZpEXEetNvX1F86JCynOA--" align="left" height="84" width="130" alt="Kyle Scott signs up with the Manpower temp agency in Park Ridge, Illinois April 10, 2008. (John Gress/Reuters)" border="0" /></a>Reuters - The number of U.S. workers filing new claims for jobless benefits fell last week for a second week in a row, the government said on Thursday, though they continued at levels that showed a weakening labor market.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/usa_economy_jobless_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_21t133148_450x294_us_usa_economy_jobless.jpg?x=130&y=84&q=85&sig=ESZpEXEetNvX1F86JCynOA--" align="left" height="84" width="130" alt="photo" title="Kyle Scott signs up with the Manpower temp agency in Park Ridge, Illinois April 10, 2008. (John Gress/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/daimler_report_dc nm/20080821/daimler_report_dc Reuters Thu, 21 Aug 2008 10:18:03 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/daimler_report_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_21t062409_307x450_us_daimler_report.jpg?x=88&y=130&q=85&sig=zfWwRFx_lTIft_gkzf3O4g--" align="left" height="130" width="88" alt="Details of a Mercedes London taxi are seen in London August 7, 2008. (Stephen Hird/Reuters)" border="0" /></a>Reuters - Daimler AG (DAIGn.DE) denied a magazine report on Thursday that it was considering more job cuts and may spin off its market-leading trucks business as a way to help boost its weak share price.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080821/bs_nm/daimler_report_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080821/2008_08_21t062409_307x450_us_daimler_report.jpg?x=88&y=130&q=85&sig=zfWwRFx_lTIft_gkzf3O4g--" align="left" height="130" width="88" alt="photo" title="Details of a Mercedes London taxi are seen in London August 7, 2008. (Stephen Hird/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ibd/20080815/bs_ibd_ibd/20080815econbrief ibd/20080815/20080815econbrief Investor's Business Daily Fri, 15 Aug 2008 22:42:08 GMT Investor's Business Daily - The Economic Cycle Research Institute's leading index fell to 126.4 in the week ended Aug. 8 from a downwardly revised 126.9 in the prior week. That's the lowest since '03. The research group blamed weaker money supply growth and lower stock prices, partly offset by lower jobless claims. With the WLI plunging over the last five weeks, the likelihood of a near-term business cycle recovery has "dwindled markedly," the ECRI said. The 4-week annualized growth rate fell to -10.8%, near April's lows. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080814/ap_on_bi_ge/bonds ap/20080814/bonds AP Thu, 14 Aug 2008 21:54:43 GMT AP - Treasury prices edged higher Thursday, boosted by the recent slide in oil prices and a smaller-than-expected decline in jobless claims. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080814/ap_on_bi_ge/gannett_layoffs ap/20080814/gannett_layoffs AP Thu, 14 Aug 2008 20:35:00 GMT AP - Gannett Co. is eliminating 1,000 jobs, including 600 layoffs, across its newspaper operations, a company spokeswoman said Thursday. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080814/ap_on_bi_ge/earns_sweden_sas ap/20080814/earns_sweden_sas AP Thu, 14 Aug 2008 09:19:40 GMT AP - Scandinavian airline SAS AB reported a second-quarter loss Thursday because of high fuel costs and weaker demand, and warned of further job cuts and fleet reductions. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080812/bs_nm/thomsonreuters_dc nm/20080812/thomsonreuters_dc Reuters Tue, 12 Aug 2008 16:59:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080812/bs_nm/thomsonreuters_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080812/2008_08_12t114436_450x318_us_thomsonreuters.jpg?x=130&y=91&q=85&sig=PJEZqi9E5tsdwtMicTy5AQ--" align="left" height="91" width="130" alt="The front of The New York Stock Exchange displays the new Thomson Reuters logo as the stock is traded for the first time in New York April 17, 2008. (Brendan McDermid/Reuters)" border="0" /></a>Reuters - News and information publisher Thomson Reuters Corp reported slower revenue growth as the U.S. credit crisis forced investment banks to cut budgets and lay off thousands of workers, sending its shares down 5 percent.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080812/bs_nm/thomsonreuters_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080812/2008_08_12t114436_450x318_us_thomsonreuters.jpg?x=130&y=91&q=85&sig=PJEZqi9E5tsdwtMicTy5AQ--" align="left" height="91" width="130" alt="photo" title="The front of The New York Stock Exchange displays the new Thomson Reuters logo as the stock is traded for the first time in New York April 17, 2008. (Brendan McDermid/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080811/ap_on_bi_ge/wachovia_job_cuts ap/20080811/wachovia_job_cuts AP Mon, 11 Aug 2008 23:54:55 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080811/ap_on_bi_ge/wachovia_job_cuts"><img src="http://d.yimg.com/us.yimg.com/p/rids/20080820/i/r3744724021.jpg?x=130&y=73&q=85&sig=IhWsnRobMgP9eWpOgxLx8Q--" align="left" height="73" width="130" alt="The sign outside a Wachovia Bank branch in Denver is pictured July 22, 2008. REUTERS/Rick Wilking" border="0" /></a>AP - Wachovia Corp. said Monday it plans to cut 600 more jobs than it previously expected as it works to reduce expenses in the face of staggering losses tied to mortgage debt.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080811/ap_on_bi_ge/wachovia_job_cuts"><img src="http://d.yimg.com/us.yimg.com/p/rids/20080820/i/r3744724021.jpg?x=130&y=73&q=85&sig=IhWsnRobMgP9eWpOgxLx8Q--" align="left" height="73" width="130" alt="photo" title="The sign outside a Wachovia Bank branch in Denver is pictured July 22, 2008. REUTERS/Rick Wilking" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/wachovia_jobs_dc nm/20080811/wachovia_jobs_dc Reuters Mon, 11 Aug 2008 23:01:40 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/wachovia_jobs_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080812/2008_08_11t171350_450x333_us_wachovia_jobs.jpg?x=130&y=96&q=85&sig=6oZV3VrCpjctCqStLVDpew--" align="left" height="96" width="130" alt="A Wachovia Bank branch is seen in Denver July 22, 2008. (Rick Wilking/Reuters)" border="0" /></a>Reuters - Wachovia Corp increased its previously reported second-quarter loss to $9.11 billion to cover costs to settle a probe of auction-rate securities sales, and said it will cut more jobs as the housing market deteriorates.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/wachovia_jobs_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080812/2008_08_11t171350_450x333_us_wachovia_jobs.jpg?x=130&y=96&q=85&sig=6oZV3VrCpjctCqStLVDpew--" align="left" height="96" width="130" alt="photo" title="A Wachovia Bank branch is seen in Denver July 22, 2008. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/toyota_temporary_dc nm/20080811/toyota_temporary_dc Reuters Mon, 11 Aug 2008 17:46:55 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/toyota_temporary_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080811/2008_08_11t101952_450x333_us_toyota_temporary.jpg?x=130&y=96&q=85&sig=1MCoJNWuUP2aNEnNpZUUJQ--" align="left" height="96" width="130" alt="An unsold new Toyota Sequoia SUV is seen at a dealership in Silver Spring, Maryland, July 1, 2008. (Yuri Gripas/Reuters)" border="0" /></a>Reuters - Toyota Motor Corp (7203.T) is considering exporting U.S.-made vehicles as it sees potential demand for its large pickup trucks and sport utility vehicles overseas, the automaker's U.S. manufacturing chief said on Monday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080811/bs_nm/toyota_temporary_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080811/2008_08_11t101952_450x333_us_toyota_temporary.jpg?x=130&y=96&q=85&sig=1MCoJNWuUP2aNEnNpZUUJQ--" align="left" height="96" width="130" alt="photo" title="An unsold new Toyota Sequoia SUV is seen at a dealership in Silver Spring, Maryland, July 1, 2008. (Yuri Gripas/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080807/ap_on_bi_go_ec_fi/economy_summary_box ap/20080807/economy_summary_box AP Thu, 07 Aug 2008 16:55:05 GMT AP - SIX-YEAR HIGH — New filings for unemployment benefits hit 455,000, the highest in more than six years. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ap/20080807/ap_on_bi_go_ec_fi/apfn_jobless_claims_ahead_of_the_bell ap/20080807/apfn_jobless_claims_ahead_of_the_bell AP Thu, 07 Aug 2008 12:00:01 GMT AP - Government data due out Thursday is expected to show that the number of newly laid off people filing claims for jobless benefits went down last week after spiking to a five-year high. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080806/bs_nm/avisbudget_dc nm/20080806/avisbudget_dc Reuters Wed, 06 Aug 2008 23:55:46 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080806/bs_nm/avisbudget_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080807/2008_08_06t195531_450x361_us_avisbudget.jpg?x=130&y=104&q=85&sig=Hj1fN32kL8CRH22FUN0RsA--" align="left" height="104" width="130" alt="Customers leave an Avis car rental office in Sydney's Kings Cross October 24, 2005. . (Will Burgess/Reuters)" border="0" /></a>Reuters - Avis Budget Group Inc , a provider of vehicle rental services, posted a better-than-expected quarterly profit and said it was cutting jobs and reducing its fleet size to tackle the challenging travel environment, sending its shares up as much as 9 percent.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/nm/20080806/bs_nm/avisbudget_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080807/2008_08_06t195531_450x361_us_avisbudget.jpg?x=130&y=104&q=85&sig=Hj1fN32kL8CRH22FUN0RsA--" align="left" height="104" width="130" alt="photo" title="Customers leave an Avis car rental office in Sydney's Kings Cross October 24, 2005. . (Will Burgess/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/afp/20080806/bs_afp/japanairlineenergycompanystructurejalana afp/20080806/japanairlineenergycompanystructurejalana AFP Wed, 06 Aug 2008 09:00:58 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/afp/20080806/bs_afp/japanairlineenergycompanystructurejalana"><img src="http://d.yimg.com/us.yimg.com/p/afp/20080806/capt.cps.nex29.060808105939.photo00.photo.default-512x318.jpg?x=130&y=80&q=85&sig=J2L0Wv0nOCBz3jlIs40JWA--" align="left" height="80" width="130" alt="All Nippon Airways' (ANA) Boeing 747-500 is seen among Japan Air Lines (JAL) planes at the Tokyo International airport in Narita. Both airlines will slash domestic and international flights due to higher fuel costs, according to a report released on Wednesday.(AFP/File/Toshifumi Kitamura)" border="0" /></a>AFP - All Nippon Airways, Japan's second largest carrier, said Wednesday it was scrapping routes and flights due to high fuel costs, as bigger rival Japan Airlines also considers further downsizing.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/afp/20080806/bs_afp/japanairlineenergycompanystructurejalana"><img src="http://d.yimg.com/us.yimg.com/p/afp/20080806/capt.cps.nex29.060808105939.photo00.photo.default-512x318.jpg?x=130&y=80&q=85&sig=J2L0Wv0nOCBz3jlIs40JWA--" align="left" height="80" width="130" alt="photo" title="All Nippon Airways' (ANA) Boeing 747-500 is seen among Japan Air Lines (JAL) planes at the Tokyo International airport in Narita. Both airlines will slash domestic and international flights due to higher fuel costs, according to a report released on Wednesday.(AFP/File/Toshifumi Kitamura)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/ibd/20080804/bs_ibd_ibd/20080804newamer ibd/20080804/20080804newamer Investor's Business Daily Mon, 04 Aug 2008 22:09:27 GMT Investor's Business Daily - Icon has the kind of customer demand that many businesses these days can only dream about. http://us.rd.yahoo.com/dailynews/rss/layoffs/*http://news.yahoo.com/s/bw/20080804/bs_bw/aug2008pi2008083988474 bw/20080804/aug2008pi2008083988474 BusinessWeek Online Mon, 04 Aug 2008 12:08:41 GMT BusinessWeek Online - Recently dismissed chief executives of faltering big-name firms such as Wachovia's Ken Thompson and AIG's Martin Sullivan aren't the only casualties of the economic downturn. Mid- to upper-level executives have also been taken down by the latest downsizing wave. And many of them are looking at their severance packages and wondering how to make the best of a bad situation.