Maryland Daily Record Maryland's trusted source for business and legal news
The Winner Distributing Co. intends to lay off 125 employees at the end of the month in connection with the sale of its Highlandtown location, according to a notification to the state.
Read More »105 face layoffs at Pax River; may be rehired
PAE Applied Technologies LLC plans to lay off 105 employees in Maryland next month when a federal contract at Naval Air Station Patuxent River in St. Mary’s County expires, according to a notice filed with the Maryland Department of Labor, Licensing and Regulation on Thursday.
Tagged with: layoff
Read More »GenVec cuts workforce by 30 percent
GenVec Inc., of Gaithersburg, a biopharmaceutical company developing novel gene-based drugs and vaccines, said it was eliminating 23 positions, or approximately 30 percent of its workforce, in an effort to lower its operating costs to conserve capital. The company, which ...
Tagged with: drugs expenses gaithersburg jobs layoff
Read More »Employed…Unemployed…Self-Employed…Employer…Unemployed
How do we become entrepreneurs? It usually starts with unemployment. You see, our work life experience typically begins with a job after graduating from college. We learn from every boss; even the ones we disagree with (I hope)! As an ...
Tagged with: boss employee employer entrepreneur entrepreneurship goals layoff Unemployment
Read More »Timonium video game developer Big Huge Games shuts down
Timonium video game developer Big Huge Games Inc. closed its doors last week after its parent company announced a company-wide layoff. 38 Studios, the faltering video game company of former Boston Red Sox pitcher Curt Schilling, declared a “non-voluntary and ...
Tagged with: 38 studios boston red sox curt schilling developer hunt valley layoff liquidation massachusetts rhode island video games
Read More »Lockheed Martin announces voluntary layoff program
BETHESDA – Lockheed Martin has announced a voluntary layoff program for about 6,500 U.S.-based employees. The program, announced Tuesday, will be offered to salaried employees in the corporate headquarters and enterprise business services organizations. About 2,000 of those are based ...
Tagged with: contractor Economy employees layoff lockheed martin corp. program united states
Read More »News Corp. to sell MySpace this week
LOS ANGELES — News Corp. is aiming to sell its struggling social network site MySpace this week and will likely lay off more than half of the staff, according to a person familiar with the matter. The company hasn’t selected ...
Tagged with: Business facebook IT layoff myspace news corp social media Social Media Technology
Read More »Photo of the Day – Pepsi stops brewing in Baltimore
Check out a slideshow of our past Photos of the Day from The Daily Record’s staff photographers. We also have a SmugMug page, where you can purchase photos taken by The Daily Record staff.
Tagged with: Baltimore employees layoff Manufacturing pepsi photo Photo of the Day rich dennison The Daily Record
Read More »USA to lay off 130, hone in on mobile news
SAN FRANCISCO — USA Today, the nation’s second largest newspaper, is making the most dramatic overhaul of its staff in its 28-year history as it de-emphasizes its print edition and ramps up its effort to reach more readers and advertisers ...
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