layoffs

layoffs Articles

Enterprise Products Partners is set to report its fourth-quarter earnings Thursday morning. Will it discuss layoffs, costs or future distributions?
ThinkstockUnited States Steel Corp. (NYSE: X) will lay off roughly 750 employees between two plants, undoubtedly the result of falling oil prices. It is worth noting that these facilities are not...
Through August, planned job cuts were slightly lower than they were during the first eight months of 2013. In all, companies have announced just under 333,000 planned layoffs so far this year, down...
This week's layoff announcement by Amgen may have investors and the public starting to rethink what "being a biotech company" really means.
In a memo written last week, CEO Satya Nadella telegraphed staff cuts now that Microsoft had added some 25,000 new employees as part of the acquisition of the smartphone business from Nokia.
As many has 16,000 workers will be cut by Hewlett-Packard, an addition to a long list of layoffs that over the years has stretched into the tens of thousands. And the cuts may well not be over.
Hewlett-Packard may have released its earnings report early. Whether this was intentional, an accident or a leak is something we will leave to your imagination.
Citigroup reported better-than-expected first-quarter results before markets opened Monday morning. The bank reportedly started trimming more jobs last week and will close some Korean consumer banks.
ThinkstockIntel Corp. (NASDAQ: INTC) is taking our version of Employee National Morale Day south of the United States, to Costa Rica to be precise. Shortly before the closing bell, Intel announced...
ThinkstockNetApp Inc. (NASDAQ: NTAP) is a former high-flyer in the broad storage sector, but this stock is just now confirming more of a story of the death of growth. This does not even sound...
J.P. Morgan already has announced it will cut well over 10,000 jobs. If the bank's mortgage business continues to worsen and it closes more branches, the layoffs could reach close to 20,000.
Toyota Motor said that it will join the exodus of automakers from Australia and stop making cars and engines in the country by the end of 2017. Thousands of jobs will be lost and no global automakers...
There are indications, with holiday numbers in, that several other large retailers will have to cut stores and staff, and that some of these cuts will be large. The most likely candidates for this...
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ. C. Penney Company Inc. (NYSE: JCP) is raising the white flag of surrender on some  of its operations. Late on Wednesday came word that the...
Buried among pages of financial data, descriptions of risks and details about the Hewlett-Packard's divisions in its recently filed 10-K was the disclosure that the HP will cut 34,000 jobs. That is...