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Business
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
Business
Hearst Lays Off Around 200 Employees From Magazine Division, With Most Jobs In NY Hearst Lays Off Around 200 Employees From Magazine Division, With Most Jobs In NY
Hearst Lays Off Around 200 Employees From Magazine Division, With Most Jobs In NY Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports. Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes. Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine. Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.

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by Joe Lombardi
Business
CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi
News
3 Hudson Valley Companies Announce Around 300 Layoffs 3 Hudson Valley Companies Announce Around 300 Layoffs
3 Hudson Valley Companies Announce Around 300 Layoffs Several hundred Hudson Valley workers will lose their jobs as three companies, either close, merge or cutback on production. The companies, all located in Orange County, Frito-Lay and Gen-Pak, both in Middletown, and Amscan in Newburgh, filed WARN Notices with the state that inform them of upcoming layoffs. Frito-Lay said it would lay off 88 workers beginning on Friday, Aug. 30 due to construction projects at the plant. The workers will not be rehired.  Gen-Pak, a food packaging manufacturing plant said it would layoff all 138 of its employees due to the rise in the bans on the use of…

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by Kathy Reakes