Results tagged “layoffs”

Mayor Fenty is presenting his FY2010 budget proposal this morning, and both D.C. Wire and City Desk reporting some initial figures, including the banner headline: a proposal to layoff 776 D.C. government employees. The layoffs would be combined with the elimination of 458 vacant jobs and another 398 jobs through attrition, for a grand total of 1,632 jobs cut. Of that total, 250 will reportedly come from DCPS, which will be trimmed of support staff after factoring in this year's decreased enrollment figures.

Fannie Mae, the national mortgage dealer headquartered in Washington, will be laying off some of its staff as part of a corporate realignment, according to a Washington Business Journal report. Fannie isn't talking numbers, but WTOP's sources say that it will be under 500 jobs. (That's still almost 10% of the organization's total workforce -- no small potatoes.) Fannie last made such sweeping job cuts in March 2007, after an accounting scandal caused the loss of several hundred jobs.

Dulles-based AOL announced today it will move its corporate headquarters to New York. The shift is just another in a series of announcements regarding an overall restructuring of the Internet service provider that has included massive layoffs and a switch from fee-based subscriptions to a reliance on advertising revenue. The New York move was explained by AOL to be designed to place executives closer to the advertising industry based in Manhattan. So far we're hearing...

All across the Ist-A-Verse (or at least the American parts thereof), writers and editors are in the midst of enjoying their three-day weekend. But after the week we've all had, we feel like the break is not only needed, but deserved. Just look at everything we've been doing! Gothamist headed into the Memorial Day weekend with a number of tasks accomplished. They worried about Long Islanders giving New Yorkers a bad name. They tried...

Monopoly may be coming early to the budding satellite radio industry as XM Radio and Sirius attempt a marriage of convenience (with just a hint of desperation). A joint statement from the companies calls the move an "all-stock merger of equals." Word on the street is that the companies would likely keep much of their offices both in New York (Sirius) and Washington (XM), but certainly some layoffs and job consolidation would follow. There have been little specific details so far regarding programming changes, job cuts or even a new name.

We're still a couple of weeks away from putting together a comprehensive Nats season preview like last year's, but we just wanted to pass along this sunny bit of optimism from the Sports Bog: Vegas gives our motley bunch 1:300 odds to bring home a World Series trophy this year - the longest odds in baseball. This year's roster, plus a heap of injury-riddled regurgitation known as "non-roster invitees" begin assembling in Viera this week...

Holy Huge Metro Fare Increase, Batman: Metro budget officials are meeting with the WMATA Board today to propose a radically altered fare schedule for Metrorail and Metrobuses, that could have some customers paying $2.10 more than the current fare for a single ride during peak hours. The possible fare changes are multiple and fairly complicated, but on the whole are designed to encourage passengers to make use of SmarTrip Cards instead of cash or paper...

DCist Editor Emeritus Mike Grass draws our attention to the following blurb on page 40 of today's Express:

This review written by DCist Contributor Jim Smalley. Photos by Katie L. Thompson. On Tuesday night, DCist took the opportunity to catch two D.C. hardcore punk bands on the backstage at Black Cat. What ensued was one of the most intense live performances you will find in the District. Opener The A.K.s feature not one, but two throat-shredding vocalists, Alexi Petersen and Noah Foster who equally share airtime. Behind them stand Justin Parker on guitar,...

Good morning, Washington. Unlike the promise made on the sign in this photo, Mayor Williams has confirmed our suspicions and formally announced that he will not seek another term. In a statement he made at the Hillcrest Rec Center, Williams said that he would be willing to advise the next mayor, but ruled out seeking any other office. Today's Post has an article discussing what Williams' tenure has meant for D.C. If you'd like...

While D.C. Mayor Anthony Williams touted the success of his government reform initiatives by celebrating the millionth caller to the Citywide Call Center yesterday, he was similarly forced to acknowledge failure in a simmering, city-wide health crisis.

(From DCist contributor Seth Pietras)

Enjoy today as temperatures will rise up near 70 degrees. It'd be a great day for a lunchtime walk or extended lunch, if you're so lucky. Perhaps a stroll past the Robert A. Taft memorial on the Senate side of the Capitol grounds, as seen in this DCist photo taken early Tuesday evening. And speaking of weather, Dan Stillman at Capital Weather questions why Reagan National Airport is D.C.'s official weather observation post and...

Although all the talk last week might have been about the layoffs over at DC-area-based AOL, the company has also been in the news for a major technical snafu.

AOL headquarters out in the hinterlands of Northern Virginia (Dulles) announced their first round of layoffs this afternoon. The Post reports that the company cut close to 750 jobs today, over half of them from the Dulles location.

The 2004 D.C. Labor Film Festival starts tomorrow and ends Monday. The festival is sponsored by the DC Metro Council AFL-CIO, Debs-Jones-Douglass Institute, and the American Film Institute, and all films are shown at the AFI's Silver Theater in Silver Spring. The concluding film will be shown in the District at the D.C. Jewish Community Center at 1529 16th St. NW. All of the films are $8.50, the final film $9.