layoffs
layoffs Articles
Google Translation of Volkswagen statement: The Board of Management and the General Works Council of Volkswagen signed a future pact in Wolfsburg after constructive negotiations. He is leading the...
Published:
Last Updated:
CenturyLink says it will lay off 8% of its workforce, or more than 3,000 employees. The wild competition within the telecom industry may make a recovery difficult.
Published:
Last Updated:
Cisco Systems delivered another strong quarter, closing out its fiscal year with the stock up more than 10%. However, not everything was rosy.
Published:
Last Updated:
When Cisco Systems reported its fiscal fourth-quarter financial results on Wednesday, it delivered another strong quarter, closing out a solid year, but it also reported significant layoffs about to...
Published:
Last Updated:
Its margin improvement has allowed Cisco to continue its investment in security, the Internet of Things, next generation data centers and of course the cloud.
Published:
Last Updated:
The list of layoffs by traditional retailers stretches ever longer. Almost every company blames e-commerce, which indirectly means Amazon.com.
Published:
Last Updated:
Macy's did not say how many people it will lay off when it shuts 100 locations, but the number could be close to 20,000.
Published:
Last Updated:
SunPower reported better-than-expected second-quarter 2016 results after markets closed Tuesday afternoon.
Published:
Last Updated:
One rule of thumb about slow-growing companies in a fast-growing sector is that it does not take a lot of employees to stop growing. At least job cuts improve margins, if only temporarily.
Published:
Last Updated:
Apparently laying off thousands of employees, which usually makes investors happy because it lowers costs and improves profits, is having the contrary effect on Intel stock.
Published:
Last Updated:
Old companies have led the Dow Jones Industrial Average higher in 2016, including Caterpillar, Exxon Mobil and Chevron.
Published:
Last Updated:
Just how badly is the oil industry suffering? Halliburton's discussion of the past quarter makes that plain.
Published:
Last Updated:
Intel has changed direction, management said, to focus more on the cloud. The architect of the changes is CEO Brian Krzanich, who made more than $14 million last year.
Published:
Last Updated:
Mining giant Freeport-McMoRan announced Tuesday morning that it has parted company with the executive management team at its oil and gas division.
Published:
Last Updated:
Boeing Co. (NYSE: BA) has announced that it will be letting go of about 4,000 employees in its Commercial Airplanes division by midyear. The layoffs would be voluntary, combined with leaving...
Published:
Last Updated: