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Job Cuts

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Cold Hard Cuts: 7,500 Employees Let Go From North Jersey Company Parting Ways With Ice Cream Cold Hard Cuts: 7,500 Employees Let Go From North Jersey Company Parting Ways With Ice Cream
Cold Hard Cuts: 7,500 Employees Let Go From North Jersey Company Parting Ways With Ice Cream Unilever is saying goodbye to ice cream, and thousands of employees. The global consumer goods company is cutting 7,500 roles worldwide as part of its new "productivity program," the company announced Tuesday, March 19. Many say the move is a cold one, as for the first time since 1922, Unilever is leaving the ice cream business. According to a release, ice cream generated approximately $8.6 billion in 2023 for Unilever. And according to the New York Times, that's approximately 13 percent of the total revenue for the year. Unilever has owned some of the most popular ice cream brands in the…

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by Cecilia Levine
Schools
Thirty Professors Will Lose Their Jobs From NJ University Amid Cuts Thirty Professors Will Lose Their Jobs From NJ University Amid Cuts
Thirty Professors Will Lose Their Jobs From NJ University Amid Cuts New Jersey City University is laying off 30 tenured professors and 19 other faculty jobs as well as cutting 37 percent of its academic programs to help balance its budget, the university announced on Thursday, Dec. 15. The division of academic affairs will eliminate 48 undergraduate programs, 24 minors, 28 graduate programs, 10 certificate programs and one doctoral program, the outlet said. The programs impacted by these changes can be found by clicking here.  NJCU Board of Trustees Chairman Joseph Scott called Thursday's announcement “a difficult, but necessary next step.” “Our curre…

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by Jon Craig
Business
J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees
J.C. Penney To Close More Stores, Lay Off Hundreds Of Employees J.C. Penney says it will close eight stores in 2018, resulting in 480 job cuts. This comes after the department store chain shuttered 140 stores in 2017. The eight stores scheduled for closure this year are: Hampton Village Plaza in St. Louis, Missouri Garden State Plaza in Paramus, New Jersey Sandburg Mall in Galesburg, Illinois Viking Plaza in Alexandria, Minnesota Washington Park Mall in Bartlesville, Oklahoma Cascade Mall in Burlington, Washington Calexico Store in Calexico, California Knox Village Square in Mt. Vernon, Ohio J.C. Penney had announced earlier this week, 600 jobs would …

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by Joe Lombardi
Business
Macy's To Close Seven Stores, Cut 5,000 Jobs Macy's To Close Seven Stores, Cut 5,000 Jobs
Macy's To Close Seven Stores, Cut 5,000 Jobs Department store chain Macy's announced the locations of seven store closures as well as plans to eliminate 5,000 jobs.The latest move comes after a slight uptick in holiday sales in which Macy's reported a 1 percent boost in sales in November and December compared to the same period last year. Macy's had previously announced it would be closing 11 stores, identifying four. The seven that were not initially identified are: Miami (Downtown), Miami, FL The Oaks, Gainesville, FL Novato (Furniture), Novato, CA Honey Creek Mall, Terre Haute, IN Birchwood Mall, Fort Gratiot Township, MI Fountain…

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by Daily Voice