Boeing Co. continuing with layoff plan
Layoff notices for about 60 Boeing Wichita workers are going to be issued Friday the company says. “This is just the next round of our planned reduction for 2009,” he says.
Barclays Capital to make layoffs in new year: report
(Reuters) - Barclays Capital, the investment banking arm of Britain's Barclays Plc (BARC.L: Quote, Profile, Research), will inform employees about layoffs only after the new year, the New York Post said, citing sources.
Gillett Evernham Announce Layoffs
Gillett Evernham Motorsports officials say they will reduce their 2009 Nationwide Series program to a partial schedule and eliminate about 65 jobs in the process. Sponsorship played a key role in the decision.
Caterpillar has announced an undisclosed number of temporary layoffs at its facilities in Clayton and Sanford.
FedEx plans salary cuts
FedEx Corp. said Thursday its fiscal second-quarter earnings rose 3 percent, narrowly topping Wall Street's expectations, but it announced further cost cuts as demand continues to slump.
Genworth Financial Announces 1,000 Job Cuts
Genworth Financial, Inc. (NYSE: GNW) announced actions being taken to advance the company's strategic goals in response to the current economic downturn. These actions include the elimination of approximately 1,000 jobs globally.
ASML Holding cuts 1,000 jobs
ASML Holding NV, a key supplier to Intel Corp. and other computer chip makers, said that it is slashing 1,000 jobs - more than 10 percent of its global work force - following a plunge in orders.
Pentair cuts 1,600 jobs
Water treatment and storage systems maker Pentair Inc. said that it will cut more than 10 percent of its work force, or about 1,600 jobs, due to a faster-than-expected dropoff in demand and consumer spending.
American Apparel cuts hundreds of jobs
Los Angeles retailer American Apparel Inc. said that it had laid off several hundred employees companywide.
Motorola freezes pension plans
Motorola would permanently freeze its US pension plans from March 1, 2009, preserving vested benefits accrued by employees and retirees but eliminating future benefit accruals. "Employees would not receive a salary increase in 2009," a company statement said.
Plug Power lays off 90
Plug Power Inc. laid off 90 employees—one-third of its total work force—effective Thursday.
Omnicom Lays Of 3,500; More Layoffs on the Way?
Omnicom is to lay off 5 percent of its workforce, or about 3,500 of its 70,000 employees worldwide.
Targanta to cut 75 pct of workforce
Targanta Therapeutics Corp said it would cut about 75 percent of its workforce
0 comments:
Post a Comment