Ahead Of Labor Day, More Layoffs May Be On The Way"COVID-19 has changed the revenue models for these organizations they're not operating as heavily in some of their highest revenue producing products or services," Challenger said. "And that's causing medical industry companies to have to change some of their personnel."
Boeing To Cut 16,000 Jobs After Posting $1.7 Billion Loss In First Quarter"The demand for commercial airline travel has fallen off a cliff," said Boeing CEO Dave Calhoun. "The pandemic is also delivering a body blow to our business."
Hammond To Close 3 Schools, Cut At Least 130 Staff PositionsThree schools in Hammond will close for good this summer, and more than 100 staff positions will be cut, due to a budget deficit of more than $10 million.
Caterpillar Could Close LaGrange Factory, Cutting 600 JobsThe company said it might be "transitioning" its rail manufacturing in La Grange, Illinois, to facilities in Winston-Salem, North Carolina, as well as "outside suppliers."
More Than 300 Cook County Workers Laid OffIt's the cost of repealing an unpopular sweetened beverage tax, CBS 2's Roseanne Tellez reports.
Cook County Lays Off More Than 300 EmployeesIt's the first damage done, officials say, now that a controversial soda tax is in legal limbo.
Tyson Closing Plants In Chicago And WisconsinTyson Foods said in a statement Thursday the closures are due to changing product needs, the age of both facilities and prohibitive costs of renovations, as well as the distance of the Chicago plant from its raw material suppliers.
ConAgra Moving Headquarters To ChicagoConAgra, manufacturer of processed food brands like Chef Boyardee, Slim Jim, Tennessee Pride, and Jiffy Pop, is cutting approximately 1,500 jobs, and moving its headquarters from Omaha, Nebraska, to downtown Chicago.
Peoria-Based Caterpillar Plans Thousands Of Job CutsCaterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.
Groupon To Cut 1,100 Jobs, About 10 Percent Of Work ForceThe e-commerce and online deals company said in a blog post Tuesday that the cuts are mainly in its international business. Having already closed its operations in Greece and Turkey, Groupon says it is also leaving Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay.
Walgreens To Lay Off 370 Corporate EmployeesThe job cuts, which will not affect any stores, are part of the company’s ongoing restructuring and cost-reduction plan that was announced a year ago, company spokesman James Graham said in a statement.
Jobs Cut At Get Covered Illinois Before 3rd Enrollment PushGov. Bruce Rauner's administration has eliminated 15 staff positions from Get Covered Illinois, the state's health insurance exchange, three months ahead of the third annual enrollment period under President Barack Obama's health care law.
Planned Layoffs Surged 37 Percent Last Month; More Coming Due To SequesterAhead of a key government jobs report to be issued Friday, a Chicago firm said layoffs are picking up in the U.S.
Study Finds Pace Of Job Cuts Lowest in 15 Years
Challenger: Job Market Is In Holding PatternThe U.S. Department of Labor issues its key monthly jobs report for August Friday morning, but another report today suggests the job market is in something of a holding pattern.