The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.
The budget also includes millions for Canada's film and music industry and
MEDFORD, Ore. – The Medford School District is rolling out what they are calling a comprehensive proposal, which includes cutting 32 positions, to address a $15 million shortfall. Under the proposed budget, the district is suggesting a $7.5 million budget cut as well as utilizing $1.9 million of MSD’s reserves for the 2024-2025 fiscal year. […]
School referendum dollars and resulting state funding hikes come in slowly.
Virginia lawmakers will start over on the state budget after reaching an agreement with Gov. Glenn Youngkin, setting the scene for a special session in May to work on a spending plan, per multiple sources.
On Sunday, advocates and families of people with intellectual disabilities rallied at the state capital in Charleston to protest a 10% budget cut to the Intellectual and Developmental Disabilities Waiver.
To curb an expected ballooning deficit, the superintendent of Youngstown City Schools says some layoffs and budget cuts are coming next year.
The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are unsure if the Federal Reserve will cut interest rates later this year, Reuters reported Tuesday (April 16). Citigroup made the biggest reduction, eliminating some 2,000 jobs during the […]
The Space Launch System -- SLS -- program in Huntsville is facing slowdowns after NASA pushed back its Artemis II and III launches.
Public broadcaster CBC/Radio-Canada has said it will not eliminate as many jobs as initially expected after receiving an additional C$42m (US$30m) in Canada’s federal budget. In December, the org
The plan to slash spending on youth care by more than 500 million euros in 2025 will not happen, the caretaker Cabinet said. The coalition still leading the Dutch government announced the decision as part of the Spring Memorandum, one of the annual updates on the state of the national budget.
The federal government is upping its funding for the CBC and Radio-Canada in its 2024 budget, easing the financial strain on the public broadcaster and the need for major job cuts and programming reductions this year.