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Layoffs and Downsizing

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Layoffs and Downsizing

Layoffs and downsizing both refer to reductions that companies make in staff.  Show more »
Layoffs and downsizing both refer to reductions that companies make in staff.  « Show less

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    May 24, 2012 |Story| Baltimore Sun
  1. Sparrows Point steel mill will close in June

    The owner of the financially ailing Sparrows Point steel plant is idling operations there, warning 1,975 workers Thursday that they would be laid off starting next month.
    The owner of the financially ailing Sparrows Point steel plant is idling operations there, warning 1,975 workers Thursday that they would be laid off starting next month. The news, the latest casting doubt on the future of the Baltimore County facility,...

    Tags: Plant Closings, Mergers, Acquisitions and Takeovers, Unions, Labor Markets, Anirban Basu

  2. May 25, 2012 |Story| Baltimore Sun
  3. Plant idling raises concerns about future of Sparrows Point

    It's deja vu at Sparrows Point.
    It's deja vu at Sparrows Point. The Baltimore County plant once again faces wholesale layoffs and a possible sale. The same story has played out every couple of years for the past decade at the steel plant, whose future remains in limbo. The...

    Tags: Plant Openings, Unions, Bethlehem Steel, China, Job Layoffs

  4. May 24, 2012 |Story| Patuxent Homestead
  5. Harford executive withdraws employee bonus bills; county council goes along

    Citing the new financial burden caused by last week's Maryland General Assembly action on teacher pension obligations, Harford County Executive David Craig withdrew legislation that would have paid a one-time, $625 bonus to all county government and...

    Tags: Tropical Storms, Interior Policy, Teaching and Learning, Budgets and Budgeting, Annapolis

  6. May 24, 2012 |Story| Baltimore Sun
  7. Baltimore County Council approves $1.65 billion budget

    The Baltimore County Council unanimously approved Thursday the spending plan proposed by County Executive Kevin Kamenetz for the coming fiscal year, a $1.65 billion operating budget that includes no furloughs, layoffs or tax increases.
    The Baltimore County Council unanimously approved Thursday the spending plan proposed by County Executive Kevin Kamenetz for the coming fiscal year, a $1.65 billion operating budget that includes no furloughs, layoffs or tax increases. The lean budget,...

    Tags: Catonsville, Budgets and Budgeting, Finance, Kevin Kamenetz, Employees

  8. May 24, 2012 |Story| Patuxent Homestead
  9. Harford council laments passing of bonus plan but still lets it die

    The plan to pay a $625 bonus this spring to nearly 7,400 Harford County government, sheriff's office and school system employees died an unceremonious death in the Harford County Council chambers Tuesday evening. Though they lamented the latest turn...

    Tags: Tropical Storms, Interior Policy, Teaching and Learning, Budgets and Budgeting, Annapolis

  10. May 17, 2012 |Story| Baltimore Sun
  11. Balto. Co. Council poised to adopt 'bare-bones budget'

    Baltimore County Council members are poised to adopt a lean spending plan that would achieve savings largely through early retirements and reorganizations in a number of government departments. The council made only one cut Thursday to the $1.65...

    Tags: Employees, Accounting and Auditing, Perry Hall, Budgets and Budgeting, Job Layoffs

  12. May 15, 2012 |Story| Patuxent Homestead
  13. Laurel City Council unanimously passes $25.7 million budget

    The Laurel City Council, in a 4-0 vote, passed a $25.7 million budget for fiscal 2013 on Monday, a budget that holds the line on spending and does not raise taxes. Ward 1 council member Edward Ricks was not present for the vote. No residents spoke...

    Tags: Budgets and Budgeting, Insurance, Labor Legislation

  14. May 15, 2012 |Story| Baltimore Sun
  15. Potomac named America's most endangered river

    The Potomac River, which flows between Maryland and Virginia, was named the nation's "most endangered" waterway today by a Washington-based environmental group.
    The Potomac River, which flows between Maryland and Virginia, was named the nation's "most endangered" waterway today by a Washington-based environmental group. American Rivers put the Potomac atop its annual list of endangered rivers.  Though cleaner...

    Tags: Chesapeake Bay, Water Supply, Washington, DC, Rivers, Water Pollution

  16. May 7, 2012 |Story| Baltimore Sun
  17. Phillips, Capital One warn of layoffs in Baltimore area

    Seafood company Phillips Foods Inc. will be closing its Baltimore manufacturing and distribution facility in July and cutting 100 jobs, about 13 percent of its Maryland workforce. The company warned state regulators of the cuts. A separate layoff warning...

    Tags: Hanover (Anne Arundel, Maryland), Capital One Financial Corporation, Job Layoffs, Unemployment, Anne Arundel County

  18. May 8, 2012 |Story| Baltimore Sun
  19. Employers warn state of layoffs that could affect nearly 400

    Two Maryland employers have warned state labor officials of layoffs that could affect nearly 400 workers. Saks Fifth Avenue said it would terminate a third of its workforce, or 223 employees, at its Aberdeen distribution and order fulfillment center...

    Tags: Employment, Harford County, Labor Legislation, Job Layoffs, Employment Opportunities

  20. May 8, 2012 |Story| Baltimore Sun
  21. City school employees could see furloughs if doomsday budget stands

    Baltimore school employees would be forced to take furlough days if the district has to absorb millions of dollars in education cuts outlined in the state's "doomsday" budget, city schools CEO Andrés Alonso said Tuesday as he prepared to present the fiscal year 2013 budget.
    Baltimore school employees would be forced to take furlough days if the district has to absorb millions of dollars in education cuts outlined in the state's "doomsday" budget, city schools CEO Andrés Alonso said Tuesday as he prepared to present the...

    Tags: Collective Contract, Andres Alonso, Teaching and Learning, Budgets and Budgeting, Finance

  22. May 10, 2012 |Story| Baltimore Sun
  23. The GOP's spendthrift ways

    There's a tendency among some to shorthand the ongoing federal budget debate as between Republicans who want to reduce government spending and Democrats who don't. This isn't really the case, as recent actions in the House have demonstrated. On...

    Tags: U.S. House Committee on Appropriations, Supplemental Nutrition Assistance Program, Democratic Party, Budgets and Budgeting, The Pentagon

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Layoffs and Downsizing Photos
Jobless claims are at a four-year low. Planned job cuts...
(April 5, 2012)
Job market looking up, with dropping jobless claims and falling job cuts
An emotional night ¿ punctuated by the outburst of a fo...
(April 3, 2012)
Windber continues plans for furloughs
A House bill that would allow school districts to furlo...
(March 21, 2012)
Bill would change how teachers are furloughed