News for the federal worker and those interested in official news of the federal government, federal civilian service employees and civil servants. Various federal news articles with reference citations.
Snippet of Article: "...Visa (V.N), opens new tab is planning to lay off about 1,400 employees and contractors by the end of the year, the Wall Street Journal reported, opens new tab on Tuesday, as the card giant looks to streamline its international business. About 1,000 of the cuts are expected to eliminate technology positions..."
Source: www.reuters.comSnippet of Article: "...Hundreds of PepsiCo workers are being laid off, after the company decided to close the plant..."
Source: abc7chicago.comSnippet of Article: "...Stellantis NV continued to slash vehicle production and cut jobs in the United States this week, including at the automaker's Detroit Assembly Complex where the Jeep Grand Cherokee and Dodge Durango SUVs are built.
Vehicle production at both the Mack and Jefferson sides of the east-side complex is paused this week, with workers temporarily laid off. Notices sent to workers said certain positions were still expected to report. Mack builds the Grand Cherokee, while Jefferson makes both the Grand Cherokee and Durango.
"Stellantis continues to take the necessary actions to align production with sales..."
Snippet of Article: "...Boeing said planned layoffs of 10% of its workforce will move forward even if the machinists' strike ends next week, according to a spokesperson. Information released to KING 5 by a vetted source indicates the layoff notices will be delivered mid-November, and the last day on the payroll for thousands of employees will be Jan. 17. Managers and executives will also be impacted by the job cuts. ..."
Source: www.king5.comSnippet of Article: "...PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business. Pittsburgh-based PPG said Thursday that the job cuts would primarily impact positions in the U.S. and Europe. ...PPG's recent cuts also arrive amid an environment of poor home sales. Existing U.S. home sales slipped 2.5% in August, the latest month with data available, as prices increased on an annual basis for the 14th consecutive month. And the average rate on a 30-year mortgage surged to 6.32% last week, below 2024's peak of 7.22% in May."
Source: www.cbsnews.comSnippet of Article: "...Last year's job cuts weren't the end of layoffs. Further reductions have begun in 2024. ...See the full list of corporations reducing their worker numbers in 2024. "
Source: www.businessinsider.comSnippet of Article: "...to consolidate about 3,000 post offices drew a firestorm of protest from the public and lawmakers. But the Postal Service is considering more next year, potentially closing thousands of locations and moving some products and services to nearby supermarkets, office supply stores and pharmacies. ..."
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