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Layoffs at the Manheim Auto Auction have taken twice as big a toll on its work force as expected. An auction executive said Friday that the Route 72 business recently laid off 96 employees, not the “fewer than 50” he predicted in early June. Tim VanDam, vice president and general manager, explained that the number of layoffs rose because a new factor came into play.

Read the full LancasterOnline article.

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NEW YORK (CNNMoney) — Borders Group has filed for Chapter 11 bankruptcy, and plans to close about 200 of its stores and reduce its staff, the book retailer said Wednesday.

Lancaster County has one Borders Bookstore in Lancaster, next to the Park City mall. No word yet whether this store will close.

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Even though saying he was sad about the plant closing, Super Dog Pet Food Company president Fred Schober also added that it was the best business decision. Yep, the best business decision is to sell your business, close your plant, and screw 80 people out of their jobs. Sounds a lot like my former boss who said, before laying me off,  “I’ve prayed about it and it’s good for the company.” [more…]

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American Home closing will eliminate 112 jobs in Lancaster County

January 30, 2011

Tower Bancorp’s decision to close its American Home Bank will cost 112 workers here their jobs, the state disclosed Thursday. Harrisburg-based Tower said Wednesday that it will shut most of AHB by March 31 and all of it by June 30 after efforts to sell it failed. But a Tower spokeswoman did not respond to […]

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MySpace laying off 500 employees, cutting its staff by 47%

January 11, 2011

NEW YORK ( — MySpace said Tuesday that it is laying off 500 employees, cutting its staff by 47%. “Today’s tough but necessary changes were taken in order to provide the company with a clear path for sustained growth and profitability,” CEO Mike Jones said in a written statement. “These changes were purely driven by […]

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September jobless report: We’re still screwed, jobless rate remains at 9.6%

October 10, 2010

NEW YORK ( — The job market suffered another blow last month, as business hiring dwindled and the government continued to shed workers. Overall, the economy lost a total of 95,000 jobs in September, the Labor Department reported Friday, far worse than expected and down from the previous month, when employers shed 57,000 jobs. Government […]

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Unemployment in U.S. May Rise Toward 10% on `Feeble’ Growth

September 7, 2010

from Bloomberg, by Timothy R. Homan The jobless rate in the U.S. is likely to approach 10 percent in coming months as the economy fails to grow enough to employ people rejoining the labor force, economists said. Private payrolls climbed 67,000 in August, after a gain of 107,000 the previous month, and the unemployment rate […]

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