layoffs

A business in Austin is laying off hundreds of employees. OneWest Bank has notified the Texas Workforce Commission that intents to lay off more than 700 employees in Austin.

The California-based company is a mortgage services provider with offices in the Domain complex.

Social gaming company Zynga is laying off five percent of the company’s total workforce. That means about 100 layoffs in Austin and others in Boston.

The company says the move is an attempt to streamline operations and focus resources on their "most strategic opportunities.”

The move comes just weeks after the company’s stock plummeted 18 percent.

(clockwise from left) Umlauf Gallery; photo courtesy flickr.com/environmentblog; photo by Jeff Heimsath for KUT News

Cap Metro Preps Layoffs in Labor Transition; Says Most Employees Will Be Offered Jobs

Capital Metro is laying off more than 800 union employees as it prepares to outsource those jobs to two contractors.

The transit agency says the union workers will be offered jobs under the new operators, as long as they can pass driving and drug tests.

More than 50 supervisors are also being laid off. They are not part of the union so they are not guaranteed new jobs, but will be given first consideration, Cap Metro says.

Photo by KUT News

The Texas Education Agency announced another 178 employees will be laid off this week. This is in addition to the 91 employees that were laid off in February of this year.

In addition to the 269 terminated employees, 58 employees retired or resigned and 16 were transferred.

The layoffs mean TEA will see a 32% reduction in staff due to a $48 million--or 36%--budget cut from the state.

Image by Nathan Bernier for KUT News

January is School Board Recognition Month, and while board members received gift baskets and pictures drawn by children, the people who packed into last night’s school board meeting were in no mood to celebrate. During the public comment section of the board meeting, people responded to some of the most controversial budget reduction proposals – everything from laying off teachers and librarians to closing neighborhood schools.

But school closures were not on the menu last night. Board members were faced with a different set of unpleasant options. They involved changing staffing formulas to eliminate hundreds of teachers and dozens of librarians, among other employees.

Image by KUT News

It's going to be a busy night at Austin Independent School District headquarters as board members confront some of the toughest decisions they have been asked to make in their careers as school district leaders.