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Downsizing

Eli Lilly Announces Plans to Restructure, Cut 4,500 Jobs

September 16, 2009
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Job cuts will reduce the company’s workforce to 35,000 employees, and officials will release further details on the changes on December 10.
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U.S. Temp Payrolls Fall By 6,500 in August

September 4, 2009
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The figures are better than July, but year over year, temporary help payrolls were down 24.5 percent according to the Labor Bureau’s latest numbers.
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Many Jobless in Chicago Are Holding Out for Big Salaries

August 31, 2009
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Amid the worst Chicago employment market in 26 years, a surprising number of job seekers are unwilling to take significant pay cuts.
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Tire Firm Bolsters Pension Plan Before Closing Plant

August 14, 2009
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Cooper Tire & Rubber Co. will inject $39 million into its pension plan in an agreement with the Pension Benefit Guaranty Corp.
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Kaiser Cutting More Than 1,800 Positions in California

August 13, 2009
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Approximately 1,200 positions will be cut in Northern California, while 650 jobs are being eliminated in Southern California.
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The Last Word Ignoring the Jobless

July 27, 2009
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Recruiting passive candidates while so many talented and highly productive workers are on the street looking for new employment is a shameful practice.
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