Microsoft is cutting up to 18,000 jobs, about 14 percent of its staff, over the next year as it works on integrating the Nokia devices business it bought in April and cut down on management layers.
Roughly two out of three Americans are unhappy with the current distribution of income and wealth in the United States, according to the latest Gallup Poll.
Bank of America has notified the state of Florida it plans to lay off more than 150 people at the company’s Sunrise mortgage center.
The latest jobs numbers gives hope to workers, employers, and the government that the Great Recession and jobs crisis may be slowly starting to retreat permanently.
Sequestration day has arrived in Washington, D.C. and by 11:59 Friday night, the White House will be forced to order across-the-board, indiscriminate budget cuts in European-style austerity that could plunge the United States back into recession.
The new year led to new layoff announcements by Florida employers…and they were more numerous than in December.
Citigroup, one of the largest financial conglomerates in the world, announced Wednesday that it was cutting 11,000 jobs worldwide and taking a $1 billion charge.
Florida was a proud exception to a nationwide job cutting trend in October.
American Airlines has been fighting to stay alive in bankruptcy court, but its latest move will put a serious dent in the Miami economy and likely not curry any good will for the company in South Florida.
The NHL lockout is a little more than 48 hours old, but has already started claiming victims with the Florida Panthers organization.