The pace of layoffs announced by U.S.-based companies rose for a second-straight month in July, as the U.S. energy patch once again shed workers.
'Dead Man Walking', or 'The Long Walk to Freedom', we call it.
Planetside 2, EverQuest, and H1Z1 announce they are letting staff go.
The oil industry may be getting pinched by falling prices , but the next year could be a busy and lucrative time for private equity firms and restructuring specialists working in energy.
The Golden Arches is cutting jobs at its headquarters in Chicago.
For banks at the center of the recent foreign exchange investigation, paying the $3.4 billion in fines might be the easy part.
Large-scale layoffs now thought likely.
As part of its companywide restructuring, Chesapeake Energy laid off about 800 employees on Tuesday, its CEO Doug Lawler said in an email to employees.
Chesapeake Energy has been laying off employees as it moves ahead with a company-wide reorganization.
'The biggest layoffs are ahead of us'.