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Report: Capital One cuts 1,100 jobs
Fortune 500 bank eliminated "agile" positions
According to a report Friday in Bloomberg, McLean-based Capital One Financial Corp. eliminated more than 1,100 technology positions this week. The McLean-based Fortune 500 banking company confirmed in a statement
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Va. layoffs and discharges down in June
However, 8.6% more workers quit jobs than last year
Published
Virginia companies put the brakes on layoffs in June, even as workers continued to seek new opportunities, refueling the Great Resignation. Virginia had 28,000 layoffs and discharges in June, a
Corsicana Mattress Co. closing Chesterfield plant in Aug.
54 employees will lose jobs
Published
Chesterfield County’s former Symbol mattress production plant will close in August, laying off 54 employees, owner Corsicana Mattress Co. announced Thursday. Production will be absorbed into the company’s plants in
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McLean-based ID.me lays off 54 workers
WARN notice for tech company listed June 7
Published
McLean-based tech company ID.me Inc. has laid off 54 employees, months after the Internal Revenue Service — among other government agencies — said it would drop its plan to require
Va. job openings, number of hires rebound from October 2021
Virginia had largest decrease among states for both measures in October 2021
Published
Virginia had 301,000 job openings in November, a small rebound from October 2021, according to U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) data released
Henrico’s Essex Bank to lay off 51 employees in merger
Parent company's merger with United Bank expected to close this year
Published
The Henrico County-based parent company of Essex Bank will lay off 51 employees as a result of its merger with Charleston, West Virginia-based United Bankshares Inc., the parent company of
Nine newsroom employees to be laid off at Roanoke Times
Sports, education beats heavily impacted in eliminated positions
Published
Nine newsroom employees at The Roanoke Times were notified of their pending layoffs Monday by parent company Lee Enterprises Inc., according to the newspaper’s local newsroom union and multiple staff
Newport News Shipbuilding lays off 314 employees
119 managers also demoted in reorganization
Published
Newport News Shipbuilding has laid off 314 salaried employees and demoted 119 managers in its first workforce reduction since the shipyard laid off 1,218 employees in 2015, according to a
Wells Fargo to lay off 320 Henrico County employees
Jobs to move to bank's larger offices
Published
The investment management and financial brokerage business unit of Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, will lay off 320 employees from its Henrico County office. The
Northam orders companies held temporarily harmless for pandemic layoffs
Move protects businesses from paying $200M in payroll taxes to refill VEC trust
Published
Gov. Ralph Northam issued an executive order Tuesday that will hold Virginia businesses harmless for any layoffs made during three months of the pandemic. The end-of-year order protects businesses from