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Tag Archives: Layoffs

Chipotle in Trouble For Hiring Illegal Workers

Chipotle Mexican Grill is in trouble as U.S. Securities and Exchange Commission has started investigations against the the restaurant chain for allegedly hiring undocumented illegal workers. All fingers seems to point Chipotle as the Danver-based company fired about 500 employees a year back following audits by the U.S. Department of Homeland Security’s Immigration and Customs Enforcement (ICE) arm. Chipotle said ... Read More »

HP to Cut 25,000 Jobs?!?

News sources are suggesting that Hewlett-Packard is planning on cutting a minimum of 25,000 jobs i.e., 8 to 10 percent of its workforce. The new CEO of HP Meg Whitman is struggling to bring a change in the company and turn it around. Looks like he is making the same moves every struggling company does, cut down on its workforce. ... Read More »

MySpace slashes nearly half its global staff

MySpace, the ex-social networking site has been taking the fall ever since the launch of Facebook. It did nothing to rebound and looks like its going through a very tough time now. MySpace just fired almost 50% of its employees worldwide! Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 ... Read More »