Kraft Heinz Food Co. (NYSE: HNZ) announced Wednesday it will close seven plants in the United States and Canada over the next two years. The Kraft Heinz plant closures will eliminate 2,600 jobs and add to 2015's growing layoff tally.
This year's year-to-date tally is already 13% higher 2014's full-year total.
Kraft Heinz Food Co. (NYSE: HNZ) announced Wednesday it will close seven plants in the United States and Canada over the next two years. The Kraft Heinz plant closures will eliminate 2,600 jobs and add to 2015's growing layoff tally.
This year's year-to-date tally is already 13% higher 2014's full-year total.
Here's why things will likely get worse....
September layoffs surged as U.S.-based employers announced plans to slash 58,877 jobs.
According to the global outplacement consultancy Challenger, Gray & Christmas, September layoffs were up 43% from August. The total was also up 93% from September 2014, when 30,477 planned layoffs were announced.
Here's which sectors, and companies, were hardest hit...
The Chesapeake Energy stock price climbed 3% to $7 today after the energy producer announced it will slash its workforce by 15% amid falling natural gas and crude oil prices.
However, shares remain down more than 65% year to date.
Here's why the Chesapeake Energy stock price could fall even further from here...
Mid-year totals for U.S. layoffs hit a five-year high.
The oil patch was hit the hardest, yet no sector has been immune.
Keep reading to find out where the latest job cuts have come from.
U.S. company layoffs are up 13% in 2015 from the year before.
U.S.-based employers announced a whopping 41,034 job cuts last month.
Check out this list of employers that are slashing scary high amounts of jobs from their payrolls...
Job layoffs in the U.S. soared 68% in April. Low oil prices pressured companies across all sectors to trim headcount.
U.S.-based employers announced a whopping 61,582 job cuts last month. That was up from 36,594 in March. It was also 53% higher year over year, when the job cut tally was 40,298.
Check out this list of employers that are slashing scary high amounts of jobs from their payrolls...
Today's job report showed unemployment fell to 5.5% - but it doesn't seem like things are getting better when you look at the constant stream of planned U.S. layoffs and job cuts being announced.
Just two months into 2015, employers have announced a whopping 103,620 planned layoffs. That's up 19% from the 86,942 layoffs recorded during the same period in 2014.
Here's a look at some of the biggest job cuts announced so far this year...
