Thursday, January 27, 2022

All posts tagged "job cuts"

  • Puerto Rico Public Safety Dept. warns it won’t be able to cover payroll in March

    Secretary Pesquera says he may have to lay off officers while needing over 2,000

    • Posted August 8, 2018
  • Cost cuts at Coca-Cola go deeper, including jobs

    ATLANTA  — Coca-Cola’s sales declined in the first quarter as it restructured its business, and the world’s biggest beverage maker said it will cut 1,200 jobs starting later this year as it deepens its cost-cutting. The maker...

    • Posted April 25, 2017
  • Bombardier to Cut about 7,000 Jobs, Hire for Growth Areas

    NEW YORK – Bombardier says it plans to cut approximately 7,000 jobs over two years, even as it adds jobs in growing areas of its business. The company said Wednesday that the job cuts will include production...

    • Posted February 17, 2016
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  • Argentina Government not Ruling Out more Massive Layoffs

    BUENOS AIRES, Argentina — Argentina’s government is defending its decision to lay off some 6,200 public workers. The government says many employees hired during the previous administration never even showed up for work. It also warned Thursday...

    • Posted February 4, 2016
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  • Applications for US Jobless Aid Rise, but Levels Still Low

    WASHINGTON – More Americans sought unemployment benefits last week, but applications stayed near historically low levels in a positive sign for the job market. THE NUMBERS: Weekly applications for jobless aid rose 8,000 to a seasonally adjusted...

    • Posted February 4, 2016
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  • US Stocks Stage a late Turnaround, led by the Energy Sector

    NEW YORK – Stocks staged a rapid comeback in late-afternoon trading to close solidly higher Wednesday, helped by a surge in the price of oil and a decline in the U.S. dollar. Chipotle Mexican Grill fell as...

    • Posted February 3, 2016
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  • Ford Looks to Shed Hundreds of Managers in Europe

    FRANKFURT, Germany – Ford Motor Co. is looking to cut hundreds of managerial jobs in Europe and phase out less profitable models as it seeks to improve slender profit margins there. The company said in a statement...

    • Posted February 3, 2016
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  • Yahoo to Cut 1,700 Workers as CEO tries to save her own Job

    SAN FRANCISCO – Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can save her own job. The long-anticipated purge, announced Tuesday,...

    • Posted February 2, 2016
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  • Caterpillar Closing 5 Plants, Cutting 670 Jobs

    Caterpillar says it plans to close five plants, causing a net reduction of about 670 jobs in Illinois and several other states, as part of a broader cost-cutting campaign announced last year. The mining and construction equipment...

    • Posted January 29, 2016
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  • GE Aviation Cutting over 7 Percent of Engineering Workforce

    EVENDALE, Ohio – GE Aviation is cutting 238 engineering jobs in southwestern Ohio and 69 at other U.S. sites as it trims more than 7 percent of its engineering workforce. A spokesman for the General Electric Co....

    • Posted January 29, 2016
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