American Express to Eliminate 2,000 Jobs
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American Express Co. said Friday that it is eliminating about 2,000 jobs in a restructuring that will cost $100 million to $120 million in the fourth quarter before taxes, and is designed to save the financial
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IndyMac Bancorp Inc , one of  the largest U.S. mortgage lenders, said on Tuesday it is  eliminating 2,403 jobs, or 24 percent of its workforce, to cope  with deteriorating housing and capital markets.
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Bank of America said it will cut about 4,500 positions, or about 2.5 percent of its workforce, beginning this month. The layoffs will take place across the bank&#39;s geographic footprint and in all lines of business
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CHICAGO - Delta Air Lines (DAL) said Wednesday it plans to eliminate between 6,000 and 6,900 jobs during the next 18 months, implement a 10% across-the-board pay reduction and reduce employee benefits.
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French insurance firm AGF, part of Germany's Allianz , is planning to cut between 1,500 and 2,000 jobs, a newspaper reported on Saturday, and the company said it was consulting with staff on boosting competitiveness.
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Bank of America Corp. will make further cuts to its work force, eliminating another 4,500 positionsâor 2.5 percent of its employee baseâduring the next six months.
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Goldman Sachs Group  and Credit Suisse Group  on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on fixed-income trading and corporate dealmaking.
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American Express (AXP.N: Quote, Profile, Research) on Friday said it expects to record a fourth-quarter pretax charge of up to $120 million and cut 2,000 jobs related primarily to a restructuring of its business travel unit and the
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American Express will receive a payment of about $2.1bn from Visa after it sued the credit card giant.
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Bank of America Corp , the second-largest U.S. bank, on Wednesday said it plans to eliminate 3,000 jobs, and that the head of its corporate and investment banking unit will depart after a dismal quarter led to a 32 percent drop in quarterly profit.
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Bank of America Corp  said it  will lay off about 2,500 workers in Illinois and 1,500 in  Michigan over the next two years in connection with its $21  billion purchase of LaSalle Bank Corp from Dutch bank ABN AMRO  Holding NV .
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ABN AMRO is to cut 2,850 jobs in its IT, investment banking and corporate banking divisions as part of a plan to cut a total of â¬770 million in costs from 2007.
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Swiss Re is to cut 2,000 jobs at its Insurance Solutions unit, bought from GE last year, by the end of 2007.
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Pfizer Inc., the world's largest drug maker, will slash 2,200 US sales jobs as chief executive Jeffrey Kindler reduces expenses to compensate for revenue lost to cheaper generic competition.
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Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather the worsening housing slump and sagging demand for home loans.
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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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Airport operator BAA is set to cut jobs with one report saying as many as 2,000 staff will be made redundant.