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SandRidge Energy to lay off 132 employees
2015-04-04 02:02:27| Energy - Topix.net
According to a statement issued by company CEO James Bennett, declining oil and natural gas price have forced the company to adjust its workforce to align with "the realities of a lower commodity price." SandRidge last month cut its 2015 drilling budget to $700 million, down nearly 56 percent compared to 2014.
Tags: energy
employees
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sandridge
Jos. A. Bank to lay off 122 at Hampstead headquarters
2015-03-30 21:58:21| Apparel - Topix.net
Jos. A. Bank occupies about 900,000 square feet of real estate in Carroll County, including this building at 500 Hanover Pike in Hampstead. Jos. A. Bank will lay off 122 employees from its Hampstead corporate location by the end of the year in the first large-scale job cuts made public since rival Men's Wearhouse Inc. purchased the clothing retailer last year.
Tags: bank
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U.S. Steel To Idle Illinois Plant, Lay Off More Than 2,000
2015-03-26 16:46:02| Steel - Topix.net
United States Steel Corp. announced Wednesday it would temporarily idle a plant near St. Louis and issue layoff notices to its 2,080 workers. The Pittsburgh-based company said the temporary shuttering of the Granite City, Illinois, plant stemmed from consolidation of its North American Flat-Rolled operation, which supplies U.S. Steel's tube and pipe manufacturing plant in Texas.
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Worthington Industries to lay off 550
2015-03-24 23:08:28| Steel - Topix.net
Worthington Industries is laying off more than 550 employees, including 80 in Bremen, as it deals with the effects of low oil and steel prices. The Columbus-based metals manufacturer said today it is closing a plant in Florence, S.C, that makes vehicle cabs, leading to the loss of 310 jobs.
Tags: industries
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worthington industries
Yahoo to close Beijing research centre, lay off employees
2015-03-19 08:25:00| Telecompaper Headlines
(Telecompaper) Yahoo is closing its research and development centre in Beijing as part of its drive to consolidate some jobs into fewer offices, the South China Morning Post reported. The centre employs around 350 people, mostly engineers and scientists. Layoffs will begin at the end of the month, sources said. A Yahoo spokesperson confirmed the move, saying employees in Beijng have been informed. According to the Wall Street Journal, the company will lay off 200-300 employees. Sources say the decision to close the Beijing office was not caused by issues related to censorship or pressure from the Chinese government. Yahoo stopped offering services to users in China in 2013. That year, it told email users to transfer their accounts to Alimail, an email service offered by Yahoo partner Alibaba. The Chinese address for its home page, Yahoo.cn, is redirecting visitors to the Singapore site.
Tags: research
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