The school’s board of trustees is looking at all of its options, including possibly closing campuses, cutting classes and staff layoffs.
Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.
Lawyers representing seven California schoolchildren have filed a lawsuit against the state seeking to overturn statutes that govern teacher employment, including seniority-based layoffs.
The long-struggling Internet company earned $286 million, or 23 cents per share, during the first three months of the year. That represented a 28 percent increase from net income of $223 million, or 17 cents per share, at the same time last year.
A week after announcing a painful round of job cuts, Yahoo CEO Scott Thompson unveiled a plan Tuesday that will reorganize the company into three main divisions focused on users, advertisers and technology.
A financial company that is betting on a Detroit turnaround is trying to lure laid-off Yahoo workers to Michigan.
Yahoo CEO Scott Thompson has reassured the struggling Internet company’s employees that he will tell them more about his turnaround strategy next week.
Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don’t fit into his plans for turning around the beleaguered Internet company.
Muni’s budget crisis is really hitting home for a dozen managers at the San Francisco Municipal Transportation Agency who were laid off last week to save $2 million.