Ex-Unit Of FBR Plans 10% Staff Cut
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FBR Capital Markets, the Arlington investment bank, said yesterday it would lay off 10 percent of its workforce "in response to adverse market conditions."
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Nortel Networks Corp. NT.TO on  Thursday said it would eliminate about 10 percent of its work  force, slightly less than previously estimated, and consolidate  real estate in a cost-cutting plan that will save $500 million  in 2005.
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Information provider VNU  said  on Monday it planned to cut 4,000 positions and shave 10  percent from its cost base next year.
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US Airways Group Inc. plans to eliminate &quot;hundreds&quot; of management and nonunion jobs and cut top executives&#39; pay by between 5 and 10 percent, the airline told its employees yesterday.
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Information provider VNU  said on Monday it planned to cut 4,000 positions and shave 10 percent from its cost base next year.
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The nationâs premier center for plumbing the mysteries of the universe in the tiniest bits of matter is planning to lay off more than 10 percent of its employees.
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Intel Corp. INTC.O said on   Tuesday it will cut a total of 10,500 workers, or 10 percent of   its workforce, by the middle of next year, as part of a   restructuring aimed at making the world's biggest chipmaker   more competitive.
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The English National Opera announces plans to cut 10% of its workforce, axing about 45 jobs.
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The proposed merger of Sumitomo Mitsui Financial Group Inc. and UFJ Holdings Inc., two of Japan&#39;s biggest banks, could involve the loss or transfer of as many as 10,000 jobs -- 13 percent
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Delta Air Lines (DAL) is cutting the pay of executives, administrative staff and frontline employees by 10%, increasing the shared cost of health care coverage and making changes to retirement benefits as part of its turnaround plan.
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Chancellor to scrap elements of a new tax on high-earning foreign workers
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United Airlines is mulling plans to cut 6,000 jobs -- or 10 percent of its work force, according to the Financial Times. The move would allow the bankrupt carrier to cut annual operating costs by $655 million.
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Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees to help reduce costs as the company tries to avoid filing for bankruptcy protection.
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The British Broadcasting Corporation (BBC) said in a move to cut costs, that up to 10% of its workforce would be eliminated, the largest cut in its 82 year history.
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Palm laid off about 10 percent of its work force this week to cut expenses, according to a person familiar with the situation.
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SBC Communications expects to cut 10,000 or more jobs by the end of next year through layoffs and attrition. That&#39;s about six percent of the San Antonio-based company&#39;s work force.
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Cingular Wireless, the nation&#39;s largest cellular phone company, plans to cut about 10 percent of its work force, or 7,000 jobs, as a result of its purchase of AT&amp;T Wireless, the company said yesterday.