Temple-Inland cuts 1,500 jobs
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Austin-based Temple-Inland Inc. (NYSE: TIN) plans to lay off about 8 percent of the company&#39;s workforce, or about 1,500 employees.
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Insurance firm Royal & Sun Alliance says it is cutting 1,100 jobs in the UK and moving the posts to India.
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Financial companies slashed 52,500 jobs from July to December 2007, revealing how badly the subprime debacle has hurt these employers, but such companies based in New York City hired 1,900 people during that period, a new report said on Wednesday.
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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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Peninsular &amp; Oriental Steam Navigation Co., the UK&#39;s largest ferry and ports operator, will trim its ferries fleet and cut 1,200 jobs, or a fifth of the unit&#39;s workforce, to stem losses.
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Telecommunications equipment maker Motorola Inc. said Tuesday that it would cut 1,000 jobs and take charges of about $50 million for severance benefits as part of a drive to increase productivity.
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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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The decision comes on top of 12,500 job cuts that the bank initially said it would eliminate during the merger. The bank&#39;s move drew fire from two Massachusetts
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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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Citing sluggish sales, communications chip maker Agere Systems today said it will cut 500 jobs and sell or close a plant in Florida that employs 600 people.
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Only 147,000 to go IBM has shed another 1,573 jobs as part of an ongoing push to thin its services organization.â¦
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Telecommunications equipment maker  Motorola Inc. MOT.N said on Tuesday that it would cut 1,000  jobs and take related charges of about $50 million to focus on  its wireless business.
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The company said fourth-quarter net profit fell 42 percent and announced it would cut 1,000 jobs as part of a cost-cutting strategy.
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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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Britain's biggest water supplier, Thames Water, planned to slash one quarter of its workforce as part of a massive cost-cutting programme, according to an email sent to staff which was just published.
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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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ZURICH  - Switzerland's struggling national airline announced a further cost-saving package Tuesday, saying it plans to slash up to 1,000 jobs and cut 13 aircraft from its fleet.