California-based Atmel laid off 266 employees from its Colorado Springs semiconductor plant Tuesday, its second round of layoffs in five months that has eliminated more than 500 jobs amid a worse-than-expected sales decline.
More: continued here
Mayor Bloomberg is expected to outline several cost-cutting measures, including new layoffs and a sales tax hike, during his executive budget address later today. NY1’s Grace Rauh filed the following report.
More: continued here
Associated Press - April 30, 2009 11:05 PM ET NEW YORK (AP) - Mayor Michael Bloomberg’s final budget plan for the next fiscal year will include layoffs, more cuts to city spending and a sales…
More: continued here
NASA announces the first major wave of layoffs as the agency winds down space shuttle operations before retirement next year after just nine more flights.
More: continued here