Agilent Technologies confirms the reducing jobs and pay worldwideAgilent Technologies recently confirmed a restructuring program that will result in a reduction in about 800 positions worldwide and a temporary across-the-board pay reduction. But thanks to lessons from the technology bubble, the company is also saving more than 1,000 jobs through recession planning.
The California-based company approved the cost-cutting measures on Dec. 12. The plan calls for a reduction in 300 temporary positions and 500 "regular" positions as well as a pay reduction of 5 percent to 10 percent for its workforce worldwide.
Logitech to layoff 15 pct salaried staff Logitech International SA, a maker of mouse, webcams and other computer peripherals, said Monday it is cutting its salaried work force by 15 per cent in response to weak consumer demand amid what it expects to be an extended global downturn
Cigna To Cut 1,100 JobsCigna Corp will cut 1,100 jobs, or about 4% of its worldwide work force, and consolidate some locations to strengthen its competitive position amid the economic downturn.
McGraw-Hill Cuts 375 More Jobs McGraw-Hill Cos. said it cut an additional 375 jobs during the fourth quarter, primarily in its education business, putting the year's reduction at 1,045.
IBM and Microsoft layoff rumours still going on.
The California-based company approved the cost-cutting measures on Dec. 12. The plan calls for a reduction in 300 temporary positions and 500 "regular" positions as well as a pay reduction of 5 percent to 10 percent for its workforce worldwide.
Logitech to layoff 15 pct salaried staff Logitech International SA, a maker of mouse, webcams and other computer peripherals, said Monday it is cutting its salaried work force by 15 per cent in response to weak consumer demand amid what it expects to be an extended global downturn
Cigna To Cut 1,100 JobsCigna Corp will cut 1,100 jobs, or about 4% of its worldwide work force, and consolidate some locations to strengthen its competitive position amid the economic downturn.
McGraw-Hill Cuts 375 More Jobs McGraw-Hill Cos. said it cut an additional 375 jobs during the fourth quarter, primarily in its education business, putting the year's reduction at 1,045.
IBM and Microsoft layoff rumours still going on.
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