Articles Tagged: Jobs

It’s part of ‘revenue cycle’ changes at parent Trinity Health affecting more than 140 workers in Iowa

Move eliminates sports section, several foreign bureaus and the newspaper’s books coverage

The Michigan-based company said Thursday that it anticipates about $600 million to $800 million in severance costs related to the cuts

Platform is pivoting more resources to artifical intelligence

The new federal government report suggests that the “low-hire, low-fire” job market remains in effect, with workers enjoying some job security but those out of work struggling to find new jobs.

“Losing 3,000 jobs in a city of 10,000 to 12,000 people is as big a closing event as we’ve seen virtually for decades,” economic expert says of looming closure in Lexington, Nebraska.

The company shut down the last blast furnace at the site near St. Louis in 2023, and it even moved to wind down its steel processing mill there in September.

The Cedar Rapids-based company said the reorganization is intended to “strengthen our ability to serve customers through the solutions that drive the most value, reliability and long-term stability.”

A spokesperson confirmed that the layoffs announced Thursday account for about 20 percent of the company's management workforce, which isn't unionized.

Iowa’s Vocational Rehabilitation Services program is being restructured under Iowa Workforce Development — a move state leaders say improves efficiency, but staff warn could weaken services for Iowans with disabilities. Some educators, meanwhile, say the changes are helping students find jobs faster and gain real-world experience.

Automaker also cites ‘evolving regulatory environment’ as it cuts jobs in Michigan and Ohio.

Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill.

The cuts announced Tuesday amount to about a 4 percent reduction in its corporate workforce.

The majority of the affected employees work at the retailer’s headquarters in Minneapolis.

The company wouldn't give a number of stores that are closing, but the bulk of the closures appear to be in the U.S. and Canada