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Layoffs

Miller School of Medicine at University of Miami Plans to Lay Off 800 Workers

May 9, 2012
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The University of Miami Health System filed a Worker Adjustment and Retraining Notification with the state of Florida, disclosing its intention to cut 800 positions on July 31. Layoffs of more than 500 employees must be disclosed at least 60 days in advance.
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Racial Disparities in 401(k) Accounts Found: Aon

April 4, 2012
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Among the employees who reported pulling money out of their retirement savings, two-thirds indicated they needed the cash for an emergency, debt or day-to-day living expenses.
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Court: Warehouse Can't Fire Contract Workers

February 6, 2012
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A California judge ruled the workers, who are suing the warehouse and staffing provider, would likely be able to prove the firing was retaliatory.
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Kraft to Cut 1,600 Jobs in U.S., Canada

January 18, 2012
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The Northfield, Illinois-based company will reorganize its domestic sales team, consolidate its U.S. management centers and trim the corporate and business units.
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Archer Daniels Midland Announces Plan to Cut 1,000 Jobs

January 11, 2012
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The cutbacks represent 3 percent of the company's total workforce, according to a release issued Jan. 11.
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Today's Workforce—Pressed and Stressed

December 16, 2011
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While politicians and pundits fret about unemployment and underemployment rates, growing numbers of employees are under pressure to do more. The resulting “work-more economy” threatens not just workers' sanity but companies' long-term success.
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Employment-Based Coverage Fell Sharply During Great Recession: Analysis

December 16, 2011
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The drop in employment-based coverage is directly linked to the slump in the economy, according to the analysis, which is based on U.S. Census Bureau data.
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Morgan Stanley to Pare Workforce by 1,600

December 15, 2011
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Reps are safe, but 'business won't entirely escape the belt-tightening.'
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Nothing Seems to Be Clicking

December 5, 2011
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Experts predict that the hiring drought, which has overtaken the U.S. employment landscape over the past few years, will continue in 2012 as companies are still cautious about the recovery.
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SHRM Survey Reveals Help Wanted Sign is Out—Sort Of

November 27, 2011
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Companies this past year began hiring replacements for laid-off workers, but the percentage hiring for new jobs took a nosedive.
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