money.aol.com - 12/10/2008
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Rio Tinto to Cut 14,000 Jobs posted: 4 MINUTES AGO comments: 0
Mining company Rio Tinto Group says that it will cut 14,000 jobs worldwide and reduce capital investment as part of new measures to reduce its debt amid waning demand for iron ore and other metals.
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money.aol.com - 12/9/2008
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money.aol.com —
Electronics Giant Sony to Cut 8,000 Jobs posted:
ONE MINUTE AGO comments: 0 filed under: Financial Crisis...
, Tech News Struggling amid a global economic downturn, Japanese electronics maker Sony says that it will cut slash ...
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Electronics Giant Sony to Cut 8,000 Jobs
adage.com - 12/18/2008
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adage.com —
NEW YORK (AdAge.com) -- The industry's largest holding
company, Omnicom Group, is preparing a massive layoff of...
nearly 5% of its global work force of 70,000, according to executives close to the situation.
(more)
Omnicom Set to Cut Up to 3,500 Jobs
money.aol.com - 12/10/2008
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money.aol.com —
Mining Giant Rio Tinto to Cut 14,000 Jobs
posted: 5 MINUTES AGO comments: 0 Mining company Rio...
Tinto Group says that it will cut 14,000 jobs worldwide and reduce capital investment as part of new measures to reduce its debt amid ...
(more)
Mining Giant Rio Tinto to Cut 14,000 Jobs
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Stocks in the news: GM, RTP, YHOO, ERTS, TM, SNE, GE, AIG, MRK ...
BloggingStocks —
... Rio Tinto Group (NYSE: RTP) will cut 14,000 jobs worldwide, or 12.5% of it work force, and reduce capital investment. It hopes this way to save $1.6 billion a year by 1010 as part of new measures to reduce its debt as demand for iron ore and other metals declines. Rio Tinto also said it will try to sell "significant assets" in order to reach its goal of trimming $6.6 billion from its debt. Merrill Lynch upgraded RTP from Underperform to Buy. ...
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Rio Tinto Gets $19.5 Billion Investment
money.aol.com 2/12/2009 — Rio Tinto Gets $19.5 Billion Investment posted: ONE MINUTE AGO comments: 0
Aluminum Corp. of China, one of the world's biggest aluminum producers, agreed Thursday to invest $19.5 billion in global miner Rio Tinto Group in the ...
Bank of America May Cut 35,000 Jobs
money.aol.com 12/12/2008 — Bank of America May Cut 35,000 Jobs posted: 13 MINUTES AGO comments: 0 filed under: Financial Crisis
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Citi Could Cut Up to 50,000 Jobs
money.aol.com 11/17/2008 —
Citi Could Cut Up to 50,000 Jobs posted: ONE MINUTE AGO comments: 0
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At a town hall meeting scheduled for Monday, Citigroup CEO Vikram Pandit, who has been the subject of tough criticism since taking the ...
Microsoft to cut 5,000 jobs
blogs.zdnet.com 1/22/2009 — The official word is out: Microsoft is going to cut 5,000 jobs over the next 18 months, 1,400 of them today, January 22.
SAP To Cut 3,000 jobs
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on assumptions that core sales would be flat or 1 percent lower than 2008.
Alcoa to Cut 15,000 Jobs by Spring
money.aol.com 1/7/2009 — Alcoa to Cut 15,000 Jobs by Spring posted: 12 MINUTES AGO comments: 0 filed under: Earnings , Financial Crisis
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Ericsson to cut 5,000 jobs | Business Tech - CNET News
news.cnet.com 1/22/2009 — Wireless equipment maker Ericsson said Wednesday it will cut 5,000 jobs after witnessing a 31 percent drop in fourth-quarter net profit year over year. The Swedish company said profit plummeted due to a dramatic drop in sales in its handset unit, Sony ...
Cisco May Cut 2,000 Jobs. But That’s Not A Layoff.
blogs.zdnet.com 2/4/2009 — Cisco CEO John Chambers, in pursuing another billion dollars of expense reduction, just said on the networking gear company’s earnings call that the company could reduce its work force by 1,500 to 2,000 people.
But he’s not considering a layoff, he said. A companywide layoff, by his ...
Bad Economy Hurts AT&T as well resulting a 12,000 jobs cut
cellphonesmarket.com 12/4/2008 — AT&T; Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force which will take place in December and throughout 2009. It was not immediately clear what departments and cities ...
Employers Cut 240,000 Jobs in October
money.aol.com 11/7/2008 —
Employers Cut 240,000 Jobs in October posted: 3 MINUTES AGO comments: 0
The latest report on the labor market shows that about 240,000 jobs were lost in October, adding to the layers of economic problems that have placed the ...