Layoffs

January 24, 2019 - 3:52 pm
SAN FRANCISCO (AP) — Apple is reducing the size of its workforce assigned to driverless car technology as the company reorganizes amid weakening sales of iPhones, its biggest moneymaker. The company acknowledged the cutbacks in a Thursday statement, without specifying the number of jobs affected...
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FILE- In this Sept. 2, 2015, file photo the BuzzFeed website is displayed on an iPad held by an Associated Press staffer in Los Angeles. Media company BuzzFeed is cutting 15 percent of its jobs, or about 200 people, to trim costs and become profitable. BuzzFeed CEO Jonah Peretti said in a memo to employees Wednesday, Jan. 23, 2019, that the layoffs will help BuzzFeed avoid having to raise money from investors again. (AP Photo/Richard Vogel, File)
January 24, 2019 - 2:14 pm
NEW YORK (AP) — Digital media company BuzzFeed is cutting 15 percent of its jobs, or about 200 people, to trim costs and become profitable. BuzzFeed CEO Jonah Peretti wrote employees Wednesday that the layoffs will help BuzzFeed avoid having to raise money from investors again. The privately held...
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January 23, 2019 - 4:42 pm
NEW YORK (AP) — Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division. The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent roughly $10 billion buying up former...
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Fiat Chrysler's new CEO, Mike Manley, is interviewed, Monday, Jan. 14, 2019, at the North American International Auto Show in Detroit. Manley says major job cuts or an alliance with other automakers are not in the plans for Italian-American automaker. Manley took over for the late Sergio Marchionne last year. Three years ago, Marchionne was shopping for a partner and said the industry needed to consolidate to better share huge capital investment costs. (AP Photo/Carlos Osorio)
January 14, 2019 - 1:50 pm
DETROIT (AP) — Fiat Chrysler's new CEO says major job cuts or an alliance with other automakers are not in the plans for the Italian-American automaker. Mike Manley says the company downsized its workforce significantly a decade ago, and smaller cuts have been made since. So unlike crosstown rivals...
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January 11, 2019 - 8:54 pm
HAWTHORNE, Calif. (AP) — SpaceX is laying off 10 percent of its roughly 6,000 workers, saying it needs to get leaner so it can succeed in enormous projects such as creating an interplanetary spacecraft. The Los Angeles Times reports that the cuts were announced Friday in an email to employees of...
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Chairwoman and CEO of General Motors Mary Barra is interviewed on the floor of the New York Stock Exchange, Friday, Jan. 11, 2019. General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. (AP Photo/Richard Drew)
January 11, 2019 - 11:58 am
DETROIT (AP) — General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says the company doesn't foresee...
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Ford Motor Co., Executive Chairman Bill Ford addresses guests before the unveiling of the new 2020 Ford Explorer, Wednesday, Jan. 9, 2019, in Detroit. Ford's aging Explorer big SUV is getting a major revamp as it faces growing competition in the market for family haulers with three rows of seats. (AP Photo/Carlos Osorio)
January 10, 2019 - 6:11 am
FRANKFURT, Germany (AP) — Ford Motor Co. says it is cutting jobs in Europe in a wide-ranging restructuring as it focuses on its most profitable models and shifts production towards electric cars. In a statement, the company said Thursday that "structural cost improvements will be supported by a...
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FILE - This May 5, 2011 file photo shows General Motors headquarters in Detroit. The General Motors’ massive 14,000-person layoff announced last Nov. 2018 might not be as bad as originally projected. The company said Friday, Dec. 14, 2018, that 2,700 out of the 3,300 factory jobs slated for elimination will now be saved by adding jobs at other U.S. factories. Blue-collar workers in many cities will still lose jobs when GM shutters four U.S. factories next year. But most could find employment at other GM plants. Some would have to relocate. (AP Photo/Paul Sancya, File)
December 14, 2018 - 4:56 pm
DETROIT (AP) — General Motors' plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected. The company said Friday that 2,700 out of the 3,300 U.S. factory jobs slated for elimination will now be saved. Blue-collar workers will still lose jobs at four U.S...
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In a Dec. 7, 2009 file photo, Michigan Gov. Jennifer Granholm drives a pre-production Chevrolet Volt at the Hamtramck Assembly plant in Hamtramck, Mich. GMs' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's remarkable comeback following its 2014 bankruptcy exit. GM wants to close four facilities in the United States and one in Canada. (AP Photo/Carlos Osorio)
December 08, 2018 - 9:21 am
DETROIT (AP) — General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit. Experts say a...
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An auto transport truck full of new cars drives out of the General Motors Lordstown plant, Tuesday, Nov. 27, 2018, in Lordstown, Ohio. Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, GM is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. GM put five plants up for possible closure, including the plant in Lordstown.(AP Photo/Tony Dejak)
November 27, 2018 - 2:49 pm
WASHINGTON (AP) — The Latest on President Donald Trump and General Motors (all times local): 2:40 p.m. President Donald Trump is saying he's "very disappointed" in General Motors closing plants — and he says the White House is "looking at cutting all subsidies" for the auto giant. Trump tweeted his...
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