Jan 29 BBC to cut an estimated 450 jobs in ‘modernization’ plan By Associated Press Like traditional news outlets throughout the world, the publicly funded BBC faces financial and political pressure in a fast-changing media landscape. Continue reading
May 20 Ford is cutting 7,000 white-collar jobs By Tom Krisher, Associated Press In a major restructuring plan designed to save about $600 million per year, Ford said will trim thousands of jobs by August. Continue reading
Jan 31 Watch 9:09 How the decline of newspapers creates ‘news deserts’ around the country Layoffs at established newspaper chains and digital upstarts alike reflect the difficulty of the news business. The closing of local newsrooms can create "news deserts," areas with limited access to news outlets. Judy Woodruff talks to Steve Cavendish, editor of… Continue watching
Nov 26 Watch 5:54 Why GM’s mistaken bet led to major layoffs General Motors has announced it is cutting its workforce by 14,000 employees, closing several plants in North America and eliminating at least five passenger car models. The corporate overhaul, which represents the company's biggest shakeup since it faced bankruptcy a… Continue watching
Aug 17 Watch 2:28 News Wrap: Turkey releasing inmates to make room for coup arrests By PBS News Hour In our news wrap Wednesday, Turkey announced plans to release nearly 40,000 prison inmates to clear space for a similar number detained over last month’s coup attempt. Depending on their remaining sentences, prisoners may qualify for early release, although the… Continue watching
Jul 17 Watch News Wrap: Obama warns Putin of further sanctions By PBS News Hour In our news wrap Thursday, President Obama advised Russian President Vladimir Putin to avoid further sanctions, a day after new measures to punish Moscow’s support of Ukrainian rebels. Putin said the sanctions will push U.S.-Russia relations to a “dead end,”… Continue watching
Dec 05 Watch Citigroup Plans to Lay Off 11,000 Employees in Financial Crisis Scale Back Citigroup Plans to Lay Off 11,000 Employees in Financial Crisis Scale Back… Continue watching
Aug 03 Watch Political Firestorm Flares As Looming Budget Cuts Include Defense Reductions Political Firestorm Flares As Looming Budget Cuts Include Defense Reductions… Continue watching
Sep 04 How Do We Compare Unemployment Across Decades If More People in a Household Are Working Now? Question: Economic reports routinely compare current unemployment statistics against historical unemployment statistics. However, I haven’t seen any discussion of the significant increase in the number of household members who are employed or looking for employment and its impact on such… Continue reading
Jul 31 U.S. Economy Shrinks Less Than Expected By Dave Gustafson The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, the Commerce Department reported Friday, in a better-than-expected showing that the recession could be winding down. Continue reading