(credit: NICHOLAS KAMM/AFP/Getty Images)

Yahoo To Cut 2,000 Jobs To Reduce Costs In Turnaround Effort

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.

CBS2 / KCAL9–04/04/2012

(credit: David McNew/Getty Images)

Layoffs Threat Leaves LA Workers Questioning Past Concessions

A $220 million shortfall behind the mayor’s threat has left already-squeezed municipal workers incensed.

KNX 1070 NEWSRADIO–03/30/2012

(credit: CBS)

Villaraigosa To Call For Layoffs Of City Workers

Mayor Antonio Villaraigosa announced Thursday that he will call for layoffs of city workers as part of his budget next month, but wouldn’t specify how many jobs would be slashed.


(credit: ROBYN BECK/AFP/Getty Images)

LAUSD School Workers Rally To Urge Legislators To Refrain From Adding More Cuts

LAUSD employees hit the streets Monday night, the day before the district board will vote on a budget that includes significant cuts to student programs and services for the 2012-13 school year.


(Credit: CBS)

Los Angeles County Court System To Eliminate 300 Jobs In June

Taking care of legal matters in Los Angeles County could soon take a lot longer. Court administrators plan to eliminate more than 300 jobs at the end of June to save $300 million.

CBS2 / KCAL9–03/07/2012

(Getty Images)

LAUSD Gets Temporary Reprieve From Massive Budget Cuts

The Los Angeles Unified School District is getting a temporary reprieve from massive budget cuts, but thousands of teachers and staff members are still facing potential layoffs.

CBS2 / KCAL9–02/15/2012

(credit: CBS)

More Than 500 California Prison Employees Get Pink Slips

Layoff notices are being sent to more than 500 California prison employees. The inmate population has seen a drastic decrease thanks to a federal court order that demands lower level offenders be transferred to county jails.


(credit: Justin Sullivan/Getty Images)

‘Just The Beginning’? US Layoffs Double In September To 116,000

September’s layoff totals marked the highest number since April of 2009, when 132,500 layoffs were announced.

KNX 1070 NEWSRADIO–10/05/2011

(Credit: David McNew/Getty Images)

LA Schools To Restore Hundreds Of Non-Teaching Jobs

Hundreds of jobs could soon return to local schools after the Los Angeles Unified School District reached a deal with a state labor union.

KNX 1070 NEWSRADIO–09/27/2011

(credit: AP)

JPL Lays Off Another 40 Employees

Another 40 employees of the Jet Propulsion Laboratory were laid off last week as the astronomy research center continues to reduce its staff.


(David McNew/Getty Images)

Bank Of America To Cut More Than 3,500 Jobs

The nation’s biggest bank, which was founded here in California more than 100 years ago, is planning to cut 3,500 jobs by the end of the month.

CBS2 / KCAL9–08/19/2011

(Credit: David McNew/Getty Images)

Compton City Council Approves Controversial Budget, Job Cuts

The Compton City Council has voted to approve a controversial budget that will eliminate 91 jobs and 90 vacant positions.

CBS2 / KCAL9–07/20/2011

(credit: CBS)

Judge To Issue Injunction Halting Costa Mesa Layoffs

An Orange County Superior Court judge Tuesday told attorneys she plans to issue a preliminary injunction halting controversial layoffs planned in Costa Mesa.


(credit: CBS)

LAUSD Approves 3,000 Layoffs, Budget Cuts

The sprawling Los Angeles school district, the nation’s second-largest, now has a final budget that includes pay cuts and layoffs of about 3,000 employees, including some teachers and counselors.


(credit: CBS)

Few Laid-Off Teachers Hired Again Despite $57M In LAUSD Funds

Administrators are reportedly holding $57 million that could be used to prevent the layoffs of 1,900 teachers, nurses counselors, librarians and others.

KNX 1070 NEWSRADIO–06/27/2011