GM to axe 10,000 salaried jobs, cut execs' pay

In a move to cut costs, GM has announced its latest step to pare down its operations ahead of a present restructuring plan.  In the United States, approximately 3,400 of GM's 29,500 salaried employees will be...

Ford to layoff salaried workers

Amazingly, Ford will not be providing severance for the workers it lays off. If you’ll indulge me for a moment, I’d like to make a Barack Obama-style speech: Hardworking Americans in Michigan are getting cut...

10,000 jobs may be cut at Chrysler

Bad news for Chrysler and another setback to the Michigan economy.  Even though Michigan plants are not expected to see workforce cuts, white-collar employees at the DCX headquarters will be targeted for early retirements and layoffs.  Once again, the disastrous...

Stop Using Credit Report As A Criterion In Hiring

"Lisa Bailey worked for five months at Harvard University as a temp entering donations into a database. When the university made the job a salaried position, Ms. Bailey, who is black, saw a chance to lift herself out of dead-end jobs. Bailey's superiors encouraged her to...

Guide Corp lays off 600 staff

About 600 Guide Corp. employees will lose their jobs effective Monday as the 100-year-old factory prepares for a June 2007 closing.

Ford's salaried ponder buyouts

Ford Motor Company continues to struggle in it's restructuring efforts as it implements it's latest buyout offer."Another week at Ford Motor Co., another massive buyout offer. At noon Monday, the restaurants,...

Token Booth Closings Start in April

The first nine of the 164 token booths scheduled for closing will be shut down in April. The Daily News says the first retired booths will include ones in Union Square and Penn Station, and then the remaining booths will close weekly until October. Then, 600 of the clerks...

Next on menu for Starbucks? It's hot food

According to New York Daily News, Starbucks is making changes to its menu. The coffee giant got 12 percent of its $4 billion in sales through food last year, mostly with cold items like cookies, muffins and...

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