Constellation NEW YORK - Constellation Energy Group Inc. says it will cut some 800 jobs from its global work force. About half of those will be in the Baltimore area.
Credit Suisse
Credit Suisse said Thursday that it will cut roughly 5,300, or 11%, of its jobs after posting a loss of around 3 billion Swiss francs ($2.5 billion) for the first two months of the fourth quarter. Most of the job cuts will come in the group's investment-banking arm, where it is also sharply cutting its risk exposure and reducing or eliminating trading activities in certain sectors.
United Airlines
United will furlough more than 1,000 workers from positions across the country The Associated Press reports, citing "layoff notices and the unions that represent the workers." The Chicago Tribune says "the latest furloughs are among the 7,000 jobs that the Chicago-based carrier had said it would eliminate as it reduces its workforce to match its shrinking airline operations amid the tough economy. United is in the process of grounding 100 airplanes, about 20% of its fleet."
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