Archive for February, 2009

No layoffs in Powhatan schools budget (Richmond Times-Dispatch)

The Powhatan County School Board approved a $41.1 million budget for the 2009-10 fiscal year during a special meeting Friday. The budget does not call for salary reductions or layoffs, a statement from the School Board said. The board had to reduce the current year’s budget by almost $2 million to make up for the anticipated shortfall in revenue, primarily from the state, while also bracing for …

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Ceco Building Systems retooling amid layoffs (The Commercial Dispatch)

Hit by another round of layoffs this week, Ceco Building Systems has let 67 people go since September 2008. Like many other businesses, Ceco is feeling the brunt of the economic downturn.

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Local online layoff tracker captures economy’s carnage (The San Francisco Examiner)

SAN FRANCISCO – In a sour economy like this, entrepreneurs inevitably dream up new ways to turn lemons into lemonade.

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CSU Expects Fewer Than 50 Layoffs Amid Budget Cuts (CBS4 Denver)

Colorado State University Interim President Tony Frank is ordering budget cuts that are likely to lead to layoffs at Larimer County’s largest employer.

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NW Iowa company announces layoffs (KIMT Mason City)

lede; APNewsNow. SPIRIT LAKE, Iowa (AP) - A Rosenboom Machine and Tool official says the cuts include 12 permanent and 65 temporary layoffs at its Sheldon facility and 19 permanent and 75 temporary layoffs at its Spirit Lake plant.

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Pay Dirt: Are 401(k)s untouchable after a layoff? (Minneapolis-St. Paul Star Tribune)

Cashing out your account and getting a check should be your very last resort. There are some ways to unlock the 401(k) while avoiding penalties, but they are complicated.

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