layoffs
layoffs Articles
Kmart, Sears and J.C. Penney almost certainly had poor fourth quarters. Most likely, none of them can afford to keep store counts at current levels.
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The Wall Street Journal has reported that chemicals giants DuPont and Dow Chemical may merge.
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Despite a transformation that already is underway, more layoffs are headed to Schlumberger's workforce.
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Challenger Gray reports that Hewlett-Packard is the company that has laid off the most people this year.
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Sprint, according to a number of media sources, will cut annual expenses by $2.5 billion a year. Presumably the brunt of the restructuring will be layoffs.
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Chevron reported third-quarter 2015 results and announced layoffs before markets opened Friday morning.
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3M reported mixed third-quarter 2015 results and announced layoffs before markets opened Thursday morning.
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Biogen reported better-than-expected third-quarter financial results Wednesday before the market opened.
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Big Oil is now engaged in cost-cutting operations with mass layoffs and project cutbacks. This could start a positive feedback loop for both oil and oil stocks.
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While cutting jobs is not the only manner in which a company improves margins, it may be the only one that IBM has.
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In one of his first moves as the permanent Twitter chief executive officer, Jack Dorsey is laying off a few hundred employees.
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Wal-Mart has announced that 450 home office staff will lose their jobs in order to make the retailer "more nimble organization,"
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Whole Foods Market shook up the markets Monday morning when it announced that it would be cutting 1,500 jobs within the next two months.
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Caterpillar's job cuts of 10,000 workers are a reminder that oil patch and infrastructure companies are in rising trouble.
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Mortgage servicer Ocwen Financial announced Thursday that the company will eliminate about 300 jobs at its Waterloo, Iowa, residential loan service center.
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