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| March 23, 2019

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Lending startup SoFi is said to be cutting 7% of staff as it revamps its mortgage unit

December 1, 2018 |

Social Finance Inc., the lending and refinancing startup valued at more than $ 4 billion, is cutting about 7% of its staff, according to a person familiar with the matter.

The 100 job cuts are happening in the company’s mortgage department, said the person, who asked not to be identified because…

L.A. Times – Business


Bombardier cutting 5,000 jobs

November 8, 2018 |

Canadian aircraft maker Bombardier announced plans to cut 5,000 jobs as part of an effort to streamline operations and reduce costs. – RSS Channel – World

UTC Aerospace to end aircraft systems manufacturing in Chula Vista, cutting 300 jobs

October 22, 2018 |

UTC Aerospace Systems plans to wind down manufacturing at its Chula Vista aircraft plant beginning early next year, eliminating around 300 jobs.

The company — a division of Farmington, Conn.-based conglomerate United Technologies Corp. — said the decision stems from ending production of certain…

L.A. Times – Business

Woman Describes Cutting Baby Out of Neighbor’s Body

September 26, 2018 |

The North Dakota woman accused of murdering her 8-months-pregnant neighbor last year told the gruesome story Tuesday of what she says happened. Brooke Crews testified in court that she lied to her then-boyfriend William Hoehn about being pregnant, emailing him a fake pregnancy test and fake sonogram, and that in…

Woman who killed neighbor by cutting baby from womb says she didn’t ‘explicitly’ alert her ex

September 26, 2018 |

A North Dakota woman claimed Tuesday she cut a baby from her neighbor’s womb, ultimately killing the woman, because she felt pressured to “produce a baby” after lying about being pregnant to keep her boyfriend from leaving.
FOX News

Wells Fargo is cutting 600-plus mortgage jobs as that business slows

August 27, 2018 |

Wells Fargo & Co. is cutting 638 mortgage employees, including 190 in California, as the nation’s largest home lender contends with a slowdown in the business.

“After carefully evaluating market conditions and consumer needs, we are reducing to better align with current volumes,” Wells Fargo spokesman…

L.A. Times – Business

Mattel is cutting more than 2,200 jobs as revenue falls for fourth straight quarter

July 25, 2018 |

Mattel Inc. announced Wednesday that it is slashing more than 2,200 jobs, which the toy maker said represented 22% of its global non-manufacturing workforce.

The El Segundo company disclosed the move in reporting its second-quarter earnings, which didn’t meet analysts’ expectations as revenue fell…

L.A. Times – Business

Teens Ends Up in Burn Unit After Cutting Down ‘Weed’

July 13, 2018 |

The “giant horror plant” that recently popped up in Virginia sent a teen working his summer job to the VCU Medical Center burn unit in Richmond, reports the Richmond Times-Dispatch . Alex Childress, who plans on attending Virginia Tech in the fall, was weed-whacking around Fredericksburg on Tuesday when he stumbled…

Cops Called on 12-Year-Old for Mistakenly Cutting Someone’s Lawn

June 30, 2018 |

Mr. Reggie’s Lawn Cutting Service is booming—and it’s all because of a viral video made after the cops were called on the company’s namesake. That would be 12-year-old Reginald Fields, who WEWS explains runs a summer landscaping business in Maple Heights, Ohio, that cuts people’s lawns and cleans up…

Trump budget calls for CT scanners to check carry-on luggage — possibly cutting airport wait times

March 11, 2018 |

President Trump’s budget for fiscal year 2019 has yet to win congressional approval but one of the president’s top security chiefs already is touting a portion of the spending plan that could speed up airport screening across the country.

At a conference on security this week, Transportation Security…

L.A. Times – Business