Fort Worth Mayor Betsy Price gave her second State of the City Address Tuesday morning. During the speech she told more than 1,000 business and community leaders that she’s going to slash the budget so the city can finally operate without deficits.
The number of Americans seeking unemployment aid fell last week to the lowest level in five years, evidence that employers are cutting fewer jobs and may step up hiring.
Chipmaker Texas Instruments says will lay off more than 500 people at a research and development plant near Nice, France, in the coming months.
Citigroup says it will eliminate more than 11,000 jobs. The bank says it’s looking to cut expenses and improve efficiency.
A major hit to the Texas Instruments workforce as the Dallas-based company announced plans to cut jobs Wednesday.
American Airlines has told the state it could be cutting nearly three thousand jobs here in North Texas by November.
Exide says it has notified 120 employees at its battery recycling plant in Frisco that they will be laid off on November 30.
American Airlines sent a letter to employees Wednesday night, laying out the first changes for their employment as the company began the cost cutting needed to keep the bankrupt air carrier in the air.
Siemens Industry, Inc is preparing to eliminate more than 150 employees from its North Texas offices.
J.C. Penney Co. says it is laying off 350 more workers at its headquarters in Plano, as the department store struggles to transform its business under a new CEO.
The future is still uncertain for many Plano workers who learned Thursday that they could lose their jobs when Hewlett Packard cuts nearly 30,000 jobs worldwide.
More than 200 employees of the Fort Worth School District will lose their jobs under a budget-cutting plan aimed at putting a dent in the district’s $41 million projected shortfall this year, school officials announced Tuesday.
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