CityNews Big profits, big layoffs: eBay, AmEx to cut jobsYahoo FinanceBig layoffs are coming for some big companies. eBay (EBAY) announced that it will layoff 2,400 people, about 7% of its workforce before April. This, after reporting a 10% increase in profits last quarter. American Express (AXP) also says it …
Read More »Royal Mail Targets Shoe, Clothing Deliveris for Expansion – Bloomberg
Royal Mail Targets Shoe, Clothing Deliveris for ExpansionBloombergOne of the U.K.'s biggest employers and the country's dominant postal service, London-based Royal Mail has sought to adapt its letter-focused delivery network to more lucrative package handling. Growth in electronic commerce will help drive sales, with … More: continued here
Read More »EBay breaks up with PayPal – CNNMoney
EBay breaks up with PayPalCNNMoneyEBay said it was "simplifying organizational structures" in its quarterly earnings released Wednesday. A company spokesperson told CNNMoney that some of the cuts were to unfilled positions, but would not say how many. ebay (EBAY, Tech30) also said its … More: continued here
Read More »FedEx Freight Drivers Reject Teamsters in W. Va.
FedEx Freight, a subsidiary of FedEx Corp , announced that union representation elections were held at its locations in Parkersburg and Charleston, West Virginia, last week resulting in two more losses for the union. More: continued here
Read More »Teamsters lose another vote at FedEx Freight facility
FedEx Corp said on Thursday the Teamsters have lost a ballot among drivers at a FedEx Freight facility in West Virginia, the latest blow to the union's campaign to organize workers at the package delivery company. The vote at the Parkersburg facility of the company's trucking unit took place on …
Read More »Why These 5 Companies Are Laying Off Thousands of Workers – TIME
Why These 5 Companies Are Laying Off Thousands of WorkersTIMEOn Wednesday, eBay announced it would be cutting 2,400 jobs in the first quarter of 2015. The company says that the layoff figure includes positions that are unfilled, so the actual number of people losing their jobs will be less than …
Read More »Walker budget to bar drug users from food stamps, Medicaid – Milwaukee Journal Sentinel
Milwaukee Journal Sentinel Walker budget to bar drug users from food stamps, MedicaidMilwaukee Journal SentinelMadison — Setting up a likely fight in the federal courts, Gov. Scott Walker is proceeding with his plan to ensure that drug users aren't getting public health care, food stamp or jobless benefits. Fulfilling a …
Read More »UPDATE 2-Royal Mail shares lifted by parcels progress – Reuters
UPDATE 2-Royal Mail shares lifted by parcels progressReutersLONDON, Jan 22 (Reuters) – Britain's Royal Mail announced an improved performance at its key parcels business over a busy Christmas period, helped by price promotions, the Black Friday retail rush and its own longer business hours in an increasingly … More: continued here
Read More »FedEx driver robbed at gunpoint, truck stolen in Englewood
A FedEx delivery driver was robbed at gunpoint and his truck stolen Thursday morning in Englewood. More: continued here
Read More »Royal Mail revenues up 1%, sees parcel improvement – RTE.ie
RTE.ie Royal Mail revenues up 1%, sees parcel improvementRTE.ieBritain's Royal Mail said group revenue for the nine months to December 28 rose 1%, marking a slowdown from the half year as an improved parcels performance was offset by fewer letters sales. Shares in Royal Mail, privatised amid much controversy in … …
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