WBIX lays off most staff members
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The staff at WBIX-AM became the latest casualties of station owner and accused embezzler Bradford C. Bleidt yesterday when they were laid off by the station's new controllers, who canceled its all-business format in a bid to increase WBIX's profitability.
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AOL laid off more than 450 employees at its corporate headquarters yesterday as part of plans announced earlier this year to cut costs and change the company's business strategy.
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The Chicago Sun-Times may lay off up  to 35 unionized newsroom staffers in the next four weeks as it  struggles to cut costs in the face of falling circulation and  advertising revenue, a spokeswoman confirmed on Friday.
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Several hours after Bradford C. Bleidt, an investment manager who owns Boston radio station WBIX, drove home from a festive station party last week at
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The company announced the firings on Thursday along with a restructuring plan that included layoffs of about 3,500 employees.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.
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A Detroit-based health are firm has cut its staff of five storage administrators to one part-time person due to its use of storage management software.
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Around 150 NHL staff have been laid off  hours after the league's lockout of players on Wednesday as the  impact of the labor dispute was immediately felt in job losses.
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Marsh & McLennan said today that it would lay off roughly 5 percent of its work force, as it moved to right itself after being accused of bid-rigging.
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SunRocket, an Internet-phone-service provider in Vienna, laid off about a quarter of its workforce -- about 30 employees -- on Friday in an effort to reduce expenses as its subscriber growth shows signs of tapering off.
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Stricken hedge fund group Amaranth Advisors LLC said it is laying off about half its staff to cut operating expenses as it liquidates its portfolio in the wake of the worst hedge fund loss ever.
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By The Sacramento Bee, Calif.  Dec. 9--Controller Steve Westly hasn't always been notable for his aggressiveness in office, but he is ending his tenure with a bang.
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Blog: Along with preliminary earnings release, the company announces it will lay off 10 percent of workers to trim costs.
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RadioShack on Tuesday followed through on plans to lay off 400 employees as part of an effort to cut expenses and become more competitive in the marketplace, but the method in which the firings occurred has some fuming. The company notified customers of their dismissal through e-mail.
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FTC shakes down Seismic Entertainment Productions
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SBC Communications said in a quarterly filing that it will lay off 10,000 workers by the end of next year but plans to continue hiring in its wireless and broadband access divisions.
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Glen Cove staff laid off on Friday, Texas staff locked out of their offices; games library in jeopardy. According to numerous sources, including some former Acclaim staffers, Acclaim Entertainment&#39;s home office