SBC May Cut More Than 10,000 Jobs
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SBC Communications  may shed more than 10,000 jobs from its workforce through the end of 2005 using attrition and involuntary cuts, the company said in a filing with U.S. market regulators on Friday.
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Cingular Wireless, the nation's largest cellular phone company, plans to cut about 10 percent of its work force, or 7,000 jobs.
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SAN JOSE, Calif.  --  Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs  --  about 10 percent of its work force  --  through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring.
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Morgan Stanley  is cutting about 1,000 jobs in the coming week, part of efforts to trim costs ahead of what it expects will be a tougher business environment, a person briefed on the moves said on Thursday.
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US phone company SBC says it expects to cut nearly 13,000 jobs following its $16bn takeover of AT&T.
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Intel, the world's largest computer chip manufacturer, will cut 10,000 jobs, or about 10% of its total staff.
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DaimlerChrysler is predicted to be on the verge of unveiling up to 10,000 job cuts at its struggling US Chrysler unit.
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In 10-year deal, companies to provide IP television services like video on demand, DV recording. NEW YORK  - SBC Communications said Wednesday that it reached a 10-year, $400 million deal with Microsoft
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IndyMac Bancorp Inc , one of the largest independent U.S. mortgage lenders, plans to cut 1,000 jobs and halve its dividend, and may report its first quarterly loss in more than eight years, as defaults climb and loan volumes decline.
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SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal, 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over internet services.
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SBC Communications Inc. expects to eliminate about 13,000 jobs after its $16 billion acquisition of AT&amp;T Corp. closes, but the phone company said yesterday that many positions can be cut through attrition.
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Blog: Along with preliminary earnings release, the company announces it will lay off 10 percent of workers to trim costs.
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Report: Retailer could terminate as many as 1,200 positions stemming from stores sold to Home Depot.
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SBC Communications SBC.N on Wednesday said it reached a 10-year, $400 million deal with Microsoft Corp. MSFT.O to provide next-generation television services.
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Countrywide Financial Corp, the largest U.S. mortgage lender, plans to cut 10,000 to 12,000 jobs to cope with weakened housing demand, rising foreclosures, and tightening credit markets.
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Countrywide Financial Corp, the largest U.S. mortgage lender, said on Friday it plans to cut 10,000 to 12,000 jobs to cope with weak housing demand, rising foreclosures and tightening credit markets.
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Yahoo is likely to cut hundreds of jobs later this month, report says.