Tag: layoffs
Nordstrom board adopts ‘poison pill’ to fend off potential takeover
In the wake of a Mexican upscale retailer’s move to purchase 9.9% of Nordstrom’s stock, Nordstrom has adopted a “poison pill” strategy to fend...
Transamerica eliminates 40 more jobs in Iowa
Transamerica Life Insurance is laying off 40 employees in Iowa, according to a Worker Adjustment and Retraining Notification Act (WARN) filing on June 17.
The...
Collins plans layoffs as RTX authorizes $5B in buybacks
Collins Aerospace plans to lay off 65 workers at its plants in Decorah and Bellevue in its latest round of layoffs, while parent company...
IBC members expecting lower sales, employment ahead
By CBJ News Staff
newsroom@corridorbusines.com
The difficult business climate will continue to challenge the state's largest companies through the end of the year, according to the...
UI warns of possible furloughs, layoffs ahead
A birds-eye view of the University of Iowa campus. CREDIT UIOWA
By CBJ News Staff
news@corridorbusiness.com
As the University of Iowa continues to assess the major budget...
International Auto Components cuts 477 jobs in IC
The exterior of the International Automotive Components plant, located at 2500 U.S. Highway 6 in Iowa City. PHOTO/CHASE CASTLE
By Chase Castle
chase@corridorbusiness.com
More than 475 people...