layoffs
layoffs Articles
ThinkstockLess than two months after scrap-metal executive Daniel Dienst was tapped to be the new chief executive officer at Martha Stewart Living Omnimedia Inc. (NYSE: MSO), the axe has come down...
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thinkstock‘Tis the season for companies to try to cut the last little bit out of expenses so they can show investors that they can make the tough decisions and get that stock price back in the...
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ThinkstockTribune Co. announced 700 layoffs. The company owns a number of television stations, but most of the jobs lost come from the firm’s newspaper division. The jobs eliminated show how...
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courtesy of Sony Corp.Various reports claim that Sony Corp. (NYSE: SNE) has hired consulting firm Bain & Co. to find cost cuts at Sony Pictures Entertainment, which may total $100 million...
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courtesy Boeing Co.Lockheed Martin Corp. (NYSE: LMT) is the first of the defense contractors to acknowledge how badly it has been gored by the federal government’s slowdown in military spending....
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courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) CEO Meg Whitman asked the tech company’s employees to take the removal of the firm’s stock from the Dow Jones Industrial Average (DJIA)...
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ThinkstockThe market for telecommunications equipment is among the most competitive in the world, and one of its biggest players is trying to get itself into fighting trim. Alcatel-Lucent S.A.(NYSE:...
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ThinkstockMerck & Co. (NYSE: MRK) announced it would rid itself of 8,500 workers, many of whom work in the big pharmaceutical company’s R&D operations. Since the return on research...
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ThinkstockIt is national employee morale day at Siemens A.G. (NYSE: SI). The industrial conglomerate, often considered the General Electric Co. (NYSE: GE) of Europe, will fire 15,000 people....
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ThinkstockMaybe it just feels like it (or looks like it), but the upcoming layoff of 4,500 people at BlackBerry Ltd. (NASDAQ: BBRY) had some company this past week. A number of other firms across...
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Ed Brown, via Wikimedia CommonsIf you have been watching the jobs data ahead of the unemployment report, chances are high that you would have looked for a decent to good report on Friday. The Labor...
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Ed Brown, via Wikimedia CommonsFriday’s report from the U.S. Department of Labor likely either will shock or enthrall the stock and bond market. After all, we have a tentative Syrian military...
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Ed Brown, via Wikimedia CommonsThis may be right after Labor Day, but the economic reports will be flowing heavily this week and peaking with the U.S. Labor Department report on the employment...
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ThinkstockIt’s back! It is time for yet another round of political infighting over the lovely state of our nation’s finances. Monday was bloodied by undertones of war or military intervention in...
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Wells Fargo & Co. (NYSE: WFC) may be Warren Buffett’s favorite bank hands down and it may be the safest of the money center and banking giants now. It turns out that if you work for that bank...
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