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NTELOS Holdings Corp., a wireless phone service provider, said Tuesday it plans to cut about 3 percent of its work force amid the economic downturn. It expects to book related charges of about $1.5 million this year.
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Struggling US Airways said Wednesday it will cut some 1,000 jobs next year, shift nearly all of its flying to its three hubs and Washington, and suspend several international routes.
SciClone Pharmaceuticals Inc. on Wednesday said it will cut 17 percent of its U.S. work force — or about 7 jobs — as part of a corporate restructuring.
Hallmark Cards Inc. says it will eliminate another 225 to 250 jobs across the country by the end of the year.
Lockheed Martin says it will eliminate 800 jobs across its space systems division, largely in two facilities in Colorado and California.
Ameren Energy Resources, the holding company for utility Ameren Corp., said Wednesday it expects to eliminate about 84 jobs at three Illinois generating facilities in response to reduced power prices.
Deere & Co. said Tuesday about 800 salaried workers have decided to leave the world's largest farm machinery maker under a voluntary separation program.
Household-products maker Kimberly-Clark Corp. said Thursday it plans to cut 1,600 jobs, or 3 percent of its global work force, as it slims down in the tough economy.
Jet engine manufacturer Pratt & Whitney said Wednesday it is cutting 200 salaried jobs as it struggles with the deteriorating airline market.
Textron Inc. said Wednesday it will expand job cuts to include an additional 2,100 positions, or 5 percent, of its global work force as the recession continues to weaken demand for corporate planes.
Executives at liquor company Brown-Forman Corp. said Monday they will trim their work force about 6 percent among other cuts expected to save up to $25 million a year as they prepare for "uncertain and challenging" times.
Yahoo Inc. is gearing up for its third round of mass layoffs in 14 months, signaling the long-slumping Internet company is still struggling to snap out of its financial malaise under a new leadership team.
LyondellBasell says it is slashing 3,000 jobs to help meet the chemical giant's increased goal of cutting fixed costs by $700 million by the end of 2010.
Cardinal Health Inc. said Tuesday its clinical and medical products unit will eliminate 1,300 jobs, with most of the cuts made over the next six months, as hospitals cut back on equipment purchases.
Canada's national public broadcaster will cut 800 full-time jobs, or about 8 percent of its work force, in a bid to balance its budget, the president of the Canadian Broadcasting Corp. said Wednesday.
Hospira, which makes drug delivery systems and devices, said Tuesday it will eliminate 10 percent of its work force as part of a cost-cutting restructuring plan.
Newspapers in Lexington and Charlotte, N.C., announced layoffs and wage reductions Monday as part of broader cuts imposed by newspaper publisher McClatchy Co., while the top editor at the Lexington Herald-Leader will leave for a university job.
Graco Inc. said Wednesday it will cut an additional 180 jobs, or 8 percent of its global work force, to reflect a drop in demand for its fluid handling systems and components.
About 175 employees at The Miami Herald will lose their jobs, and most of the remaining full-time staff will see their salaries reduced as the newspaper tries to cut costs amid plunging advertising revenue.
Troubled flash memory maker Spansion Inc. said late Monday it will slash its global work force by 35 percent, affecting about 3,000 employees, mostly at manufacturing sites.
General Motors Corp. is planning to slash another 10,000 salaried jobs this year, saying the cuts are unavoidable with a government restructuring deadline looming and industrywide sales in one of the worst downturns in history.
Nissan said it does not expect further job cuts in the U.S. following its announcement of 20,000 cuts worldwide, according to a U.S.-based spokesman.
Macy's Inc. announced Monday that it will eliminate 7,000 jobs, almost 4 percent of its work force, and cut capital spending, reduce its contributions to its employees' retirement funds and slash its dividend to preserve cash amid a severe pullback in consumer spending.
Home Depot Inc. plans to eliminate 7,000 jobs while shutting down its smaller home improvement brands as the recession continues to batter the nation's housing market. Its shares climbed more than 5 percent in morning trading.
RealNetworks to lay off 4 percentThe Seattle area is going to get another jobless jolt Thursday, with RealNetworks planning to lay off 4 percent of its workforce, sources said.
Sun Microsystems to cut 3,000 jobs as Oracle acquisition delayedComputer server maker Sun Microsystems (JAVA) said Tuesday it would shed 3,000 jobs globally over the next 12 months because of the delay in its acquisition by Oracle (ORCL) as European regulators examine the $7 billion deal.
Lack of computer skills foils many job-seekersComputers may be an everyday part of modern life, but millions of Americans still find them a challenge. For them, finding a new job can be especially difficult.
This government can't improve our dire economic situation and suffering; oust them for a better one.The dire poverty striken economic situation of Maldives under the new government
Midway Games lays off nearly half of its staff while investor makes a 4,900% returnMidway Games has cut 46% of its 520 employees in the last few days, including about 100 developers in its San Diego office who have been working on a wrestling game under a license with TNA.
Gannett to cut 1,400 jobs in new round of cutsNewspaper publisher Gannett Co. plans to cut 1,400 jobs in the next few weeks, about three percent of its work force, as it faces a prolonged slump in advertising revenue.
Let's go glamping! Glamorous camping, that isSo, you're cash-strapped, but still want to go on a relaxing, luxe vacation, right? Enter glamping - or glamorous camping. 10 Tips columnist Laura T. Coffey shares tips for camping in genuine comfort this summer, while staying on budget.
Let's go glamping! Glamorous camping, that isSo, you're cash-strapped, but still want to go on a relaxing, luxe vacation, right? Enter glamping - or glamorous camping. 10 Tips columnist Laura T. Coffey shares tips for camping in genuine comfort this summer, while staying on budget.
Fresh Data Suggests Recession AbatingThe reports bolstered the argument that the economy's severe recession was close to hitting a bottom, with growth likely to return in the second half of the year. More Articles
Dyer straits: Orlando to lay off 100-plus emergency workersOrlando government will cut its workforce by more than 10 percent -- some 342 positions, including more than 100 cops and firefighters -- unless an unexpected tax windfall comes through in the coming weeks.
U.S. Initial Jobless Claims Fall to Three-Month LowThe number of Americans filing claims for unemployment insurance unexpectedly fell last week to the lowest level in three months, a sign the worst of the job cuts may be over. More Articles
Jobless Claims Show Surprise Decline"The past few weeks' claims data are beginning to look increasingly like a peak," wrote Ian Shepherdson, economist at High Frequency Economics, in a research note. More Articles
Best Buy plan squeezes staffing at storesAn in-store reorganization under way at the nation's largest consumer-electronics retailer, Best Buy Co. Inc., could lead to job cuts and lower pay for thousands of in-store employees, an analyst says.
IBM to lay off 5,000 US-based workersSAN FRANCISCO - IBM Corp. plans to lay off about 5,000 U.S. employees in a new round of job cuts, the Associated Press has learned.
Postal service to slash more than 3,000 jobs, offer early retirementsWASHINGTON (CNN) -- The U.S..Postal Service will be cutting more than 3,000 jobs and offering nearly a quarter of its work force early retirement as part of its efforts to streamline operations amid the worsening economy, the agency said Friday..The Postal Service said work force …
American Express Travel icing 87 Canadian call center repsClosing our northern neighbor office in Halifax. Now the Canadians can be upset, too.
Job Cuts and the Rise of Small BusinessWhen a friend of a friend was having no luck finding office work, she turned to her extensive experience as an artist and started a business selling stained glass. What I didn't realize was that this is a national phenomenon.
Laid-off Rocky staffers find new voice online, KWGN reportsWhen I look at all the names on the sad is not what I feel. It is unconsionable that Scripps the owner in one day ended the livlihood of so many people without so much as an apology.
Cuomo Said to Subpoena Seven Merrill ExecutivesNew York Attorney General Andrew Cuomo subpoenaed seven people who received bonuses at Merrill Lynch & Co., said a person familiar with the matter. More Articles
Toyota to further suspend output in AprilTOKYO — Toyota, the world's largest automaker, said Friday it will further suspend production in Japan to cope with slumping global demand and mounting inventories of unsold vehicles.
CMS may cut more than 700 positions | CharlotteObserver.comAttention parents of Charlotte-Mecklenburg Schools: P.E. may be going away altogether for middle-schoolers, in addition to the elimination of more than 700 positions. I guess it's time to invest in a Wii Fit!
Caterpillar to slash 20,000 jobsUS construction equipment giant Caterpillar announced Monday that it intends to cut about 20,000 jobs worldwide to cope with plunging sales amid a sharp economic slowdown.
Top US home improvement retailer cuts 7,000 jobsHome Depot, a top US home improvement retailer, said Monday it would cut 7,000 jobs as part of restructuring to cope with a deepening recession.
GM cuts 2,000 US jobs as production slashedGeneral Motors announced plans Monday to cut 2,000 jobs at two US plants as it slashes production in the wake of a sharp drop in demand and amid a deepening recession.
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