|Bank of America lays off over 500 in mortgage division
Bank of America is laying off more than 500 workers in a North Carolina division that handles troubled mortgages. The cuts, announced Wednesday, reportedly amount to nearly two-thirds of the local workforce in the Legacy Asset Servicing division.
|Georgetown College To Layoff Faculty And Cut Majors
Georgetown College will layoff faculty and staff, eliminate four majors and adjust employee and retiree benefits over the next two-years because of a budget defict, according to a release from the school.
|Midway College To Layoff Some Faculty Members
Midway College is laying off some faculty members. The college says an 18% enrollment drop this fall is hurting the school's bottom line.
|Layoffs To Affect Bourbon County Town
Joy Mining Machinery, the largest employer in Millersburg, announced layoffs of about 150 people, according to the mayor. Townspeople said Friday the jobs lost will affect the town's economy, as well. Video
|Fayette Schools Chief Offers To Take Pay Cut To Help Balance Budget
Fayette County Schools Superintendent Tom Shelton, in a letter to staff on Wednesday, offered to take a 5-percent pay cut and also warned of possible staff layoffs to help make up a $20 million budget deficit.
|General Dynamics To Layoff 93 Workers In Corbin
General Dynamics will layoff 93 employees at its Corbin facility in May, according to a published report in the Corbin News Journal.
|UK President Capilouto Regrets How Layoffs Were Announced
The University of Kentucky's President is apologizing for how UK handled the announcement of some recent layoffs. Video
|Layoffs At Saint Joseph And Saint Joseph East Hospitals
An estimated 40-people are being let go at Saint Joseph and Saint Joseph East Hospitals in Lexington, according to a spokeswoman for KentuckyOne Health.
|Franklin County Health Department Announces Layoffs
The Franklin County Health Department is laying off five employees in late November.
|Yahoo Will Lay Off 2,000 Employees
Yahoo is laying off 2,000 employees as new
CEO Scott Thompson sweeps out jobs that don't fit into his plans.