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RSSFord has announced that it plans to restructure the company in a major way, which will make Ford a leaner company that will focus on small vehicles and a smaller position in the US motor market.
The accelerated turnaround plan would...
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AP, Philadelphia
Sovereign Bank officials say they will cut 950 jobs, or almost 9 percent of its work force, as part of cost-saving measures in response to the economic downturn.
made popular May 1 2009
AP, Baltimore
The Baltimore Sun has laid off nearly 60 people in its newsroom, including veteran editors and managers, columnists, photographers and designers.
made popular Apr 29 2009
AP, New York
Sotheby’s Inc. says the economic slowdown is forcing the auction house to slash its global work force by another 5 percent.
made popular Apr 29 2009
AP, Wichita
Wichita-based Cessna Aircraft Co. is laying off 2,300 workers and closing its Oregon plant as it tries to restructure amid declining plane orders.
made popular Apr 29 2009
AP, San Antonio
Clear Channel Communications Inc., the largest owner of U.S. radio stations, said Tuesday it is cutting 590 jobs, including some on-air personalities, in its second...
made popular Apr 28 2009
AP, Portland
Outdoors outfitter L.L. Bean has notified employees that it plans to lay off 200 to 240 members of its Maine-based work force because of lagging sales.
made popular Apr 24 2009
AP, New York
Salary freezes, bonus reductions and unpaid furloughs have surged in recent months as companies try to survive without layoffs, and a new survey found many businesses...
made popular Apr 21 2009
AP, Anchorage
The Anchorage Daily News says it will cut its staff and reduce wages in a nationwide effort by its owner, The McClatchy Co., to cut $110 million in expenses to offset...
made popular Mar 19 2009
AP, Colorado Springs
The U.S. Olympic Committee has laid off 54 employees as a key part of its plan to trim its budget by 5 percent to deal with rough economic times.
made popular Mar 18 2009
AP, Pittsburgh
Caterpillar Inc. on Tuesday announced plans to lay off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues...
made popular Mar 17 2009
AP, Pittsburgh
Caterpillar Inc. is laying off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the...
made popular Mar 17 2009
AP, Helsinki
Nokia Corp. said Tuesday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector.
made popular Mar 17 2009
AP, San Jose
In a spring rite that has become as predictable as cherry blossoms in the nation’s capital, public school employees throughout California warned of wrenching...
made popular Mar 14 2009
AP, New York
The Metropolitan Museum of Art is laying off more than a quarter of its merchandising staff.
made popular Mar 12 2009
AP, Denver
The owner of the Denver Nuggets, Colorado Avalanche and the Pepsi Center has announced it is laying off workers because of the economic downturn.
made popular Mar 12 2009
AP, New York
Sesame Workshop, the nonprofit producer of “Sesame Street” and other kids’ programs, says it’s cutting 20 percent of its work force because of...
made popular Mar 11 2009
AP, New York
Soon after New Yorker Geralyn Lucas was laid off from her television job in January, she took her 2-year-old son to the playroom of her apartment building. She realized...
made popular Mar 10 2009
AP, Houston
About 1,000 people working around the nation for the troubled Stanford Financial Group founded by Texas billionaire R. Allen Stanford were laid off Friday by order of...
made popular Mar 7 2009
AP, Houston
About 1,000 people working around the nation for the troubled Stanford Financial Group founded by Texas billionaire R. Allen Stanford were laid off Friday by order of...
made popular Mar 7 2009
AP, Fort Worth
The Fort Worth Star-Telegram, blaming unprecedented revenue declines amid a recession, will reduce its work force by about 12 percent and cut wages.
made popular Mar 5 2009
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