General Motors, Boeing, GoPro, Xerox, Caterpillar and The Limited all Planning Holiday Layoffs
Here comes Santa Claus? No, here come layoffs.While the U.S. is currently enjoying the lowest unemployment rate since before the Great Recession, that doesn’t mean all employees are immune to pink slips.
In fact, CNN Money reports several businesses have done just that, Grinching thousands out of a job less than a week before Christmas.
Layoffs are never easy — it doesn’t matter if it’s due to downsizing or a smaller budget in the New Year — but they are part of job lifecycle. For these companies, I’m not sure if it’s going to be a holly jolly Christmas this year.
If you’re interested in reading more about what to expect in next year’s job market, check out 5 job trends to watch in 2017.
1,300 employees in Detroit will be getting the axe right before the holidays at GM. The cars they work on include the Chevy Volt and Impala, as well as the Buick LaCrosse.
If you think that’s the worst of it, not so fast: Another 2,000 GM employees will also be laid off within a month.
As the demand for jumbo jets continues to trend downward, so too does the employment numbers at Boeing. Earlier this year, it was estimated that the commercial airplane company would cut 10 percent of its workforce.
According to CNN, Boeing will continue to cut jobs, citing growing competition with rival Airbus, who ironically, also had to cut 1,200 jobs earlier this year.
You may be interested
Is Your Coffee Killing You? Over 1,500 Chemicals Found In One CupThomasDishaw.com - Jan 19, 2017
Is your coffee killing you? Did you know your average cup of coffee has about 1,500 different chemicals? Each cup contains trace amounts of synthetic fertilizers, pesticides, herbicides, fungicides, and insecticides.
First GMO Apples to Hit U.S. Stores in FebruaryThomasDishaw.com - Jan 18, 2017
Add GMO apples to the list of fruit to avoid at the grocery store. According to the Organic Authority, ten "lucky" midwest stores (sense the sarcasm) will test market the genetically modified Golden Delicious apple in early February 2017.
THE REAL STORY OF DAJUAN WREN AKA ‘STREET LORD JUAN’ThomasDishaw.com - Jan 18, 2017
Dajuan Wren, better known as ‘Street Lord Juan‘, was a Detroit icon. Sometimes he went by Stephon Greer, Dajuan Johnson, or lastly, Nerau Neri Aasekhemu Ali (I’ll get to that later), and these were just a handful of the aliases.