Freeport-McMoRan to cut 25% of oil and gas workforce
Caterpillar says it has laid off 5,300 workers between last September through March 30. With Thursday’s announcement, Caterpillar is closing or consolidating 20 facilities
Chevron to Cut 1,000 More Jobs
Forever 21, a global chain of 700 stores, is having trouble paying its bills
One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits. Central States Pension Fund, which handles retirement benefits for current and former Teamster union truck drivers across various states including Texas, Michigan, Wisconsin, Missouri, New York, and Minnesota, and is one of the largest pension funds in the nation, has filed an application to cut participant benefits, which would be effective July 1 2016, as it "projects" it will become officially insolvent by 2025. In 2015, the fund returned -0.81%, underperforming the 0.37% return of its benchmark.
Tough to get actual numbers as VZ is so big they break out complaints into FIOS, Wireless, and wirelins service.
But VZ has closed almost 10,000 complaints out in the last three years according to BBB website. No telling how many current complaints they are fielding?
I work in E-commerce and can vouch for this. Rise in minimum wage hastening retail layoffs too
33 stores in the southwest, and Sports Authority declared BK.
Funny thing is the last dividend change at FTR was to raise it.
A fact you conviently leave out.
First off, VZ no longer wanted these lines so FTR stepped up to the plate and purchased them.
Millions of lines had to be cut over. FTR has repeatedly demonstrated that it IS the only company that can successfully integrate these deals.
They have got in front of any minor service disruptions by issuing apologies, setting up special call centers to deal with any issues, and will most likely offer a discount to any customer that had problems.
What else would you expect of them?
(Reuters) - Sears Holdings Corp said on Thursday that it would close 78 stores in the coming months, or about 5 percent of its total store network, the loss-making retailer's latest move to shrink its operations. The company, which had 1,672 stores as of the end of January, said it would close 10 Sears department stores and 68 Kmart discount stores, with nearly all of the closings occurring in late July. For years Sears has slashed costs and sold assets and sought to remake its business model built around a smaller store base, innovative online services and data-driven loyalty program. So far those efforts have not restored profitability. In February, Sears had warned that it was looking to cut staff and accelerate store closings.
Sorry, but your story is too fantastic to believe. Every newspaper reported this, as did all major networks. There were state PUC bearings that were also reported on. I heard about the deal constantly, and our state was not even affected.
Gotta love VZ's "scorched earth" tactics.
They are a lousy company, which is why 20,000 of their employees are currently on strike. Drove past 20 of them picketing our local VZ wireless store yesterday.
Hmmm.....you may be an imposter, but I'll give you the benefit of the doubt.
This was a $10 billion+ deal, so it has been all over the news for a year now that VZ was selling FTR it's assets in FL, CA, and TX. If I lived in one of these states, it would lead me to believe my service would be changing. Ignorance is no excuse