Home Depot cutting 500 jobs
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Home improvement retailer Home Depot  Inc , pressured by the slumping housing market, on  Thursday said it would cut 500 jobs at its Atlanta store  support center, or about 10 percent of the headquarters staff.
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US home improvement chain Home Depot says a US housing market slowdown led to a drop in profits for 2006.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.
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Hershey Co.  will cut 1,500 jobs, or about 11 percent of its work force, and reduce the number of production lines it operates by more than a third as it spends up to $575 million to overhaul its manufacturing, the company said on Thursday.
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Temple-Inland Inc., which makes packaging and building materials, said Monday it will slash 1,500 jobs and take a third-quarter charge to sell its third-party mortgage servicing portfolio and reposition its mortgage origination activities.
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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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Home improvement retailer Home Depot Inc , pressured by continued weakness in the U.S. housing market, is expected to ramp down new-store openings this year and boost spending to maintain existing outlets, an analyst said on Friday.
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Delphi Corp. said Friday it plans to cut 8,500 jobs -- or 4.6 percent of its total work force -- worldwide next year as part of an ongoing restructuring.
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Up to 1200 store staff employed by US supermarket operator Kmart face redundancy as Home Depot takes over 13 properties following an early summer agreement.
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Home Depot Inc. , the world's  largest home improvement retailer, reported lower  fourth-quarter profit on Tuesday as the weak U.S. housing  market hurt sales at its retail stores, which declined 2  percent.
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Home improvement retailer Home Depot  Inc  agreed to cut the price of its supply division sale  by $1.8 billion, a source familiar with the matter said on  Sunday.
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Delphi Corp., the world's largest automotive supplier, said Friday it would cut 8,500 jobs next year.
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Bank of America will begin this month to cut 4,500 jobs across the company, predominantly in non-customer-facing positions. Bank of America said the cuts will spell $150 million in severance
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Facing soft demand from major customers, semiconductor and software specialist Agere Systems said it will lay off 500 people and close three facilities to cut costs.
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Home Depot agreed today to sell its commercial supply business to a consortium of private equity firms for $8.5 billion, nearly $2 billion less than the original agreement.
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First Horizon National Corp , the largest bank in Tennessee, said on Wednesday that it plans to eliminate at least 1,500 jobs by the middle of next year as it slashes its mortgage sales force and closes branches.
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ATLANTA -- The Home Depot Inc. said Tuesday it has agreed to sell its wholesale distribution business to a private equity group for $8.5 billion _ about $1.8 billion less than originally agreed.