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Some 3,000 workers at Ford Motor's (F) truck plant in Dearborn, Mich., have been idled because of a shortage of parts needed to manufacture engines installed in the company's popular line of pickup trucks. The workers will be on temporary layoff for about a week, The Detroit News reported. The...
Companies that develop medicines have been bleeding jobs in the last few months, with three -- Biogen Idec, Charles River Laboratories and NicOx -- announcing about 1,000 new workforce cuts this week. When will the bleeding stop?
Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
In this "Your Job Will Come" podcast, WalletPop's Aaron Crowe talks with John Rice, CEO and founder of Management Leadership for Tomorrow about the warning signs of downsizing and how to avoid them. Among the tips are to find a "sponsor" on your first day of work who will promote you and your...
In this "Your Job Will Come" podcast, WalletPop's Aaron Crowe talks with Abraham Twerski about his new book, "Without a Job, Who Am I?" and how to get back your self esteem after being laid off. Among the tips he gives are to spend some time mourning after a job loss and to not let your job define...
Whether the office holiday party is a chance to unwind with colleagues or an evening of forced fun with people you're already sick of seeing all day, it's an institution of corporate America. The food is abundant, the liquor flows, and for a few hours, your colleagues are human beings. Then the...
Several weeks ago, Oracle (ORCL) said that Sun Microsystems (JAVA), which it is in the process of buying, is losing $100 million a month due to EU delays in approving the deal. That is not surprising. Sun is in the very competitive business of selling servers to businesses, and it's nowhere near...
If you're unemployed, don't expect your next job to pay as well as your last job. And expect it to take years, if ever, for your salary to bounce back after a layoff. That's the bad news in a recent New York Times story that cites a working paper by an economics professor at Columbia...
Waiting for an economic recovery to trigger new job creation is like showing up for brunch in New York City without reservations . . . be prepared to sit around for a while. According to a recent study by outplacement consulting firm Challenger, Gray & Christmas, a copy of which DailyFinance...
Not everyone who gets laid off from a job is unhappy about it. Four in 10 U.S. workers who have lost their jobs in this recession, or are in a relationship with someone who has, say it was a blessing in disguise, according to a survey by SnagAJob.com. About 39% of people who say they or their...

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