Sony Online Entertainment (SOE) is closing its Denver, Seattle and Tuscon studios.
The corporate entity who owns Kaos Studios and Volition, have let go 30 positions across the two studios while furiously recruiting for its Canadian operations.
New York States unemployment rate soars to 10.2 percent. While the devaluation of the Dollar, the continuation of two wars, a very costly Healthcare reform bill, that will cost American business nearly 10 billion dollars this year alone, New York can only blame itself as its largest cities; New York, Farmingdale, Albany, are sanctuary cities for illegal immigrants.
Chevron Corporation will cut 2,000 jobs this year and liquidate some overseas operations as it revamps its refinery, marketing and transportation operations.
Chevron has approximately 60,000 employees worldwide, including about 17,000 in downstream operations that include refining, marketing and retail operations. Chevron laid off 1,900 employees in downstream operations last year.
UPS said Friday it will cut 1,800 positions in order to streamline its U.S. small package segment. UPS said it will reduce its U.S. regions from five to three and its U.S. Districts from 46 to 20 in April.
There are no plans to close any operating facilities. UPS said the consolidation of offices will not affect the sales and operations team, including drivers. UPS expects to incur a one-time charge in 2010 because of the restructuring.
If you're looking for a job, you should see how your state compares to the rest of the country. Here are the 10 worst states to find work ranked by their unemployment rates.
"There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s.". Source The Washington Post
While there where over a thousand companies that applied for H-B1 visa's in 2009, here are a list of the top 24 that decided to hire immigrant help as its far cheaper than hiring an equally qualified American worker.
Oracle's cut 1,273 during the second quarter of its 2010 fiscal year, according to an earnings report (PDF) released this week. The company's global headcount stood at 83,366 at the end of its second quarter, down from 84,639 in the previous quarter.
ArcelorMittal ,the world's largest steelmaker is looking to eliminate about 10,000 jobs, with most of the cuts in Europe and the U.S.
The company declined to specify layoff numbers, but sources said the target is about 3.9% of the 287,000 employees the company had as of Sept. 30. Many of the cuts are expected to affect workers who were furloughed.
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