Hershey to cut 1,500 jobs
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Hershey co.  on Thursday said it would cut about 1,500 jobs and reduce the number of production lines it operates by more than a third as it tries to streamline manufacturing to improve profits.
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The company said it planned a major job shift to cut costs, saying the reorganization will affect 1,650 jobs, or nearly 12 percent of its work force.
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Chrysler Group plans to cut 1,000  salaried jobs by the end of June, the first action under a  previously announced turnaround plan that targets a total of  13,000 job cuts, the automaker said on Friday.
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Morgan Stanley  on Wednesday  said it will eliminate 1,000 jobs as it scales back its U.S.  residential mortgage operations and closes its British  residential mortgage lending business, Advantage Home Loans.
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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take charges of about &#36;50 million for severance benefits as it tries to increase productivity.
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Retailer Macy's Inc plans to cut 271 jobs in the Chicago, Detroit and Minneapolis areas, closing most of its in-store wine shops and several food operations, the Chicago Tribune reported Saturday.
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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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Swiss drugs firm Novartis says it is cutting about 1,250 US jobs as it reorganises its management.
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US Airways Group Inc. , which is cutting operating costs to emerge from bankruptcy, will eliminate 1,800 maintenance jobs by closing or scaling back some facilities and hiring outside companies to handle the work.
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Unisys Corp. plans to cut 1,400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide, it announced Wednesday.
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Rental-car operator Hertz Global  Holding Inc.  said on Wednesday it plans to cut 1,350  jobs resulting in annual savings of about $125 million as it  seeks to improve competitiveness.
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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take related charges of about &#36;50 million to focus on its wireless business.
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WILMINGTON, Del. -- Chemicals maker DuPont Co. on Monday said it will cut 1,500 jobs and consolidate manufacturing in its seeds unit in a move to lower operating costs by $100 million a year.
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TORONTO -- Nortel Networks yesterday gave details of a previously announced job cut program, saying it is cutting 1,400 positions in the United States by next June.
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Whirlpool Corp  said on Thursday it planned to close two refrigerator plants and cut about 1,250 jobs in a restructuring expected to cost $15 million to $20 million, while adding 875 jobs at two other plants.
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IBM Corp. said Wednesday it cut 1,753 jobs, mostly in its U.S. technology-services unit, as part of a continuing operations overhaul.
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Hershey Co.  on Thursday posted a 96 percent drop in second-quarter net income and again cut its 2007 profit forecast as it spends more money to try to jump-start flagging sales.