Results tagged “employees”

Unionized employees of the University of California will rally today at UCLA in Westwood in protest against proposed cost-cutting measures that will see the, losing work hours and funds for operating costs, according to the Daily News.

"The need for shared responsibility and shared sacrifice isn't just rhetoric, it's reality,'' Villaraigosa said today about his $7.04 billion budget for the next fiscal year. Today's proposed budget, which is 1% less than last year's, should eliminate the $530 million deficit the city could incur.

These days not much in the State of California is surplus, except, well, people who would like to work and get paid for it. But if you happen to be one of the 20,000 workers employed by the state destined to be shown the door, LAist's sister-site SFist shared the official layoff notice that made its debut yesterday, destined for the mailboxes of those "identified as one of the least senior in [their] department" who now "face layoff, demotion in lieu of layoff, or transfer."

A pact was reached early this morning between Service Employees International Union Local 1000, which represents over 90,000 workers employed by the State of California, and Gov. Arnold Schwarzenegger's administration that cut the mandatory workday furloughs from two days to one per month, the Sacramento Bee is reporting. "The deal also includes fewer paid holidays, changes to how overtime is calculated, kicks in more for employees' health insurance premiums and limits layoffs." According to SEIU Local 1000 president Yvonne Walker "The talks were grueling." However, both parties wanted to reach an agreement ahead of the vote to approve the state budget, which is due to take place tonight in Sacramento.

In early November of last year, electronics retailer Circuit City announced they were filing for Chapter 11 bankruptcy and would be closing down some of their stores and launching sales to help bring in much-needed revenue. But yesterday the struggling chain revealed they were pulling the plug altogether, and shutting down all 567 of their US stores.