NPR:
National Public Radio NPR will let go 64 of its 889 employees, or 7 percent of its workforce on Wednesday
Hutchinson Technologies:
Hutchinson Technologies says it will reduce it's work force by up to 25% (in 575 employees) by the end of January. The firm also plans to cut the wages of remaining employees by 5%.
Yahoo:
Yahoo began laying off 1,500 workers on Wednesday as part of a plan, announced in October, to slash expenses by $400 million a year. The cost cutting, however, may have to go deeper in the coming year. There could be additional staff reductions next year.
Office Depot:
Office Depot to Cut 2,200 Jobs, Close 112 Stores
Franklin Electric:
Franklin Electric has announced plans to cut 200 jobs
Navistar:
Navistar announces 250 white collar job cuts
Downturn hitting semiconductor sector hard. Click here for complete story.
Thursday, December 11, 2008
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