Layoff notices for six police officers will be rescinded, but six other officers who had not received notification before will now be out of work. This is the result of a clerical error, a spokesperson for the city of Akron announced.
More: continued here
Some newly-surfaced audio recordings are adding fuel to the debate over how recent layoffs will impact response times for the San Jose fire department. Firefighters have released an audiotape that they claim shows city officials knew they were putting public safety at risk when they voted to eliminate five fire companies.
More: continued here
Chief executive officers at the 50 companies that announced the biggest layoffs since the recession intensified in late 2008 made 42 percent more last year than the average large company CEO, according to a study released today by a Washington research group. Three Pittsburgh companies made the The Institute for Policy Studies’ list, which ranked CEOs based on the number of announced layoffs.
More: continued here
As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay that was significantly higher than that of their peers, a study released on Thursday found.
More: continued here