Releases should start on Tuesday in the largest Bioethanol factory in the United Kingdom, which is to close after the government has refused to offer owners a bailout. About 60 employees, just over a third of the total, must receive letters of redundancy on Tuesday and leave the site. The remaining workers will go in … Read more
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
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