Layoffs

In the face of a $480 million budget gap, an estimated 200 Chicago Public Schools employees are expected to receive pink slips in the latest round of belt-tightening at the nation's fourth largest school district.

Gossip

Is Will Smith saying peace to his own production company? That’s what some sources allege! Did Will Smith‘s brother-in-law manage his production company so poorly they are now forced to downsize to save the venture? According to sources, there is trouble brewing at Overbrook Entertainment. Diary of a Hollywood Street King reports following the box office bombing […]

NEW YORK (CNNMoney) — Bank of America said Monday that it plans to eliminate 30,000 jobs as part of a plan to save $5 billion.

Via: defendernetwork.com The Teachers’ Union is calling it the dumbest move yet by the Houston Independent School District. FOX 26 News has learned only weeks after laying off over 900 HISD teachers, officials are now looking to hire more teachers. On Monday, officials with the district posted openings for nearly 300 teaching positions. Teachers’ Union […]

Royal Dutch Shell has publicly announced it will slash 5,000 jobs by year end—including “hundreds” in Houston—as part of a sweeping reorganization new CEO Peter Voser said is needed to make the company more competitive.