RTT News

Cessna planning more layoffsThe Wichita Eagle, KSBY MOLLY MCMILLIN WICHITA – More layoffs and a two-week plant shutdown are in the works at Cessna Aircraft, the company told employees Tuesday. "I've never seen any situation as dynamic as this," Cessna chairman and CEO Jack Pelton said in an e-mail to …Cessna To Announce More Layoffs KWCHall 178 news articles

Original post by bankrupt – Google News

FOXNews

US plans to ease GM into bankruptcy: reportReutersWASHINGTON (Reuters) – The Obama administration is seeking to ease General Motors Corp into a "controlled" bankruptcy by persuading some creditors to agree to a plan that would divide the company into two pieces, the New York Times reported on …Video: Obama issues ultimatum to US car makers – 31 Mar 09 Al JazeeraBankruptcy on the table at GM, CEO says Los Angeles TimesGM Must Quickly ‘Do More’ as Bankruptcy Threat Grows BloombergThe Associated Press - msnbc.comall 2,732 news articles

Original post by bankrupt – Google News

Lucia Mar District rescinds 70 layoff noticesKSBY, CAIt issued 229 Intent to Layoff Notices earlier this month but at Tuesday night's meeting, 70 teachers were removed from the list. When deciding who to cut the district chose teachers without CLAD certifications, used to teach english language learners, …Lucia Mar takes back 70 teachers’ pink slips San Luis Obispo TribuneDistricts send more pink slips than OK'd The Desert Sunall 4 news articles

Original post by bankrupt – Google News

Warnings due Friday of likely layoffs for hundreds in TUSDArizona Daily Star, AZBy Rhonda Bodfield Hundreds of employees in the Tucson Unified School District will get notice from their principals on Friday that they will likely lose their jobs as part of a massive layoff. The TUSD Governing Board will vote on the layoffs Tuesday. …

Original post by bankrupt – Google News

guardian.co.uk

GM Bankruptcy Talk Revs Up Asian AutomakersForbes, NYJapanese and South Korean investors bought into automakers on Wednesday, celebrating US President Barack Obama's apparent willingness to let their rivals General Motors and Chrysler go into bankruptcy. Japan was hit with more dispiriting economic data: …Video: Fairfax Workers React To GM Shakeup KMBCAuto bankruptcy: Quick surgery or long slog? ReutersComment by Gary Chaison Prof. of Industrial Relations, Clark UniversityHouston Chronicleall 9,317 news articles

Original post by bankrupt – Google News

CBC.ca

Report: Obama Decides Bankruptcy Best for GM, ChryslerFOXNewsPresident is reportedly convinced that a negotiated bankruptcy is the best way for General Motors to restructure and become a competitive automaker. President Obama is convinced that a negotiated bankruptcy is the best way for General Motors to …Video: Obama issues ultimatum to US car makers – 31 Mar 09 Al JazeeraPotential GM bankruptcy plan includes company split ReutersBankruptcy on the table at GM, CEO says Los Angeles TimesBloomberg - The Associated Pressall 2,679 news articles

Original post by bankrupt – Google News

FOXNews

Workers Share in the Pressure on CarmakersNew York Times, United StatesIn 60 days, President Obama’s auto task force will decide whether GM can restructure on its own or have to file for bankruptcy protection. A time frame of 30 days is even tighter for Chrysler, which is trying to complete a deal with Fiat of Italy. …GM Bankruptcy? Tell Me Another Wall Street JournalClock ticking, bankruptcy a real option Globe and MailWith GM's Wagoner Ousted, Should Union Head Have Met the Same Fate? FOXNewsWKYC-TV - KFMBall 171 news articles

Original post by bankrupt – Google News

The Oregonian – OregonLive.com

Gottschalks is going out of businessLos Angeles Times, CAThe 105-year-old regional department store chain plans to liquidate after failing to successfully reorganize its operations under Chapter 11 bankruptcy. By Andrea Chang Regional department store chain Gottschalks Inc. is going out of business after …Gottschalks Plans To Liquidate Some Assets >GOTT Wall Street JournalGottschalks will close; liquidator buys retailer San Jose Mercury NewsGottschalks Completes Bankruptcy Auction FOXBusinessBizjournals.com - Reutersall 265 news articles

Original post by bankrupt – Google News

FOXNews

Loren Steffy: Maybe auto bankruptcy not such a bad ideaHouston Chronicle, United StatesThe irony, though, is that Wagoner argued so vociferously against bankruptcy as an option for fixing what ails the automakers, yet it probably would have preserved his job. The reality facing GM and Chrysler, which even the companies themselves …Video: Fairfax Workers React To GM Shakeup KMBCObama Said to Find Bankruptcy Likely for GM, Chrysler BloombergComment by Gary Chaison Prof. of Industrial Relations, Clark UniversityReutersall 9,623 news articles

Original post by bankrupt – Google News

Times Online

Obama Said to Find Bankruptcy Likely for GM, ChryslerBloombergBy John Hughes, Linda Sandler and Rebecca Christie April 1 (Bloomberg) — President Barack Obama believes a quick, negotiated bankruptcy is the most likely way for General Motors Corp. to restructure and become a competitive automaker, people familiar …Video: Fairfax Workers React To GM Shakeup KMBCReport: Obama Decides Bankruptcy Best for GM, Chrysler FOXNewsComment by Gary Chaison Prof. of Industrial Relations, Clark UniversityForbesall 9,535 news articles

Original post by bankrupt – Google News