layoffs

British Steel to end the consultation on up to 2,700 layoffs after government intervention | Money news Aitrend

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British Steel to end the consultation on up to 2,700 layoffs after government intervention | Money news Aitrend

British Steel said he will end a consultation on up to 2,700 layoffs after the government took control of the business earlier this month. An emergency invoice to save British steelThe Hauts Fourneaux Scuthorpe became law after the deputies were recalled in the House of Commons for an urgent debate on April 12. This meant … Read more

Party City files for bankruptcy, one day after announcing massive layoffs at its headquarters Aitrend

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Party City files for bankruptcy, one day after announcing massive layoffs at its headquarters Aitrend

Popular retail chain Party City filed for bankruptcy protection Saturday, a day after revealing to its employees that it would be making mass layoffs at its New Jersey headquarters. The filing was made in the Southern District of Texas Bankruptcy Court, according to court documents obtained by CBS News. The company had liabilities of between … Read more