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RCA, a subsidiary of the Bertelsmann Music Group, announced 50 layoffs last week.
After the new owners of Lonely Planet announced substantial layoffs last week, including most of its content wing, an outpouring of disappointment and sharing of memories swept through social media.
Page A11 New York NEW YORK CITY COUNCIL GRILLS SCHOOLS CHANCELLOR Dennis M. Walcott, the schools chancellor in New York City, was chastised at a City Council hearing over his leadership and choices ahead of the layoffs last week of 672 school support workers.
Difficulties at Excite@Home, which announced layoffs last week of 250 employees, or 8percentt of its work force, are part of wider struggles at AT&T. C. Michael Armstrong, the company's chief executive, embarked on a costly bet during the last several years on the potential of fast Internet service, which resulted in AT&T becoming the nation's largest cable company.
The company, however, has strongly denied these claims, saying "there were no layoffs last week".
Our understanding is that he resigned, and was not part of the mass layoffs last week.
Similar(47)
Lehman Brothers announced 1,400 layoffs two weeks ago.
Workers were notified of the layoffs yesterday.
Unfortunately, that included a small number of layoffs today".
The layoffs yesterday represent 2percentt of its work force.
Mr. Leeds acknowledged that the layoffs three years ago were wrenching.
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