Even though the Legislature restored about $230 million of that cut, it would probably not be "enough to move the needle significantly in terms of layoffs in many districts," said David Albert, a spokesman for the school boards association.
Though the recession and continuing economic downturn have been devastating to the American middle class as a whole, the two and a half years since the declared end of the recession have been singularly harmful to middle-class blacks in terms of layoffs and unemployment, according to economists and recent government data.
And this may not be the end of the road for Yahoo in terms of layoffs.
Equations 13 and 14 comprise the optimal cutoff point in terms of layoffs and the optimal level of wage cuts, respectively.
It looks like the main impact will be in Sweden in terms of layoffs, as Sony moves the operation closer to home base: 650 in Lund, with the rest "primarily consultants in Sweden".
In terms of layoffs, it is our policy not to discuss individual employee cases, but we can share we continue to work with all employees who were let go to support them during this transition, with employment and financial assistance.
Under the terms of the layoffs announced last week, employees did not receive severance pay, though they will be paid salary through Tuesday.
A8 Seattle Strike Partly Settled A dispute over the terms of possible layoffs cut short a contract vote by members of the Newspaper Guild at The Seattle Times, on the 38th day of a strike.
But strikers at The Seattle Times, locked in a battle with management over the terms of possible layoffs, were still discussing a separate proposal and were not expected to complete a vote until Friday at the earliest.
Writing in CNBC's SquawkBlog, Charles Gasparino says Mr. Dimon right away quashed rumors that he is considering reuniting the House of Morgan by merging with Morgan Stanley, calling such a move a potential "blood bath" in terms of the layoffs it would entail.
