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Termination

Fidelity Lays Off Workers Here and Abroad

June 5, 2008
The reduction in jobs resulted from the Boston-based fund firm’s restructuring efforts. Some employees in the corporate human resource division, which serves Fidelity employees, were laid off.
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Ford to Lay Off Salaried Workers

May 28, 2008
Because Ford wants the cuts made by August, the company doesn’t expect to offer voluntary packages. Reports add the automaker will cut 10 percent to 12 percent of its salaried workforce, or more than 2,000 employees.
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Skip the PIP

May 28, 2008
Sometimes, parting ways is the right thing to do, and introducing a performance improvement plan that merely forestalls an inevitable result seems straight out of Dilbert.
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Morgan Stanley Cutting 1,500 Jobs

May 5, 2008
The job cuts are expected to start this week and continue through the end of June. Morgan chief executive John Mack hopes these cuts will be the end of Morgan’s layoffs through 2008.
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