Macy's to cut 271 jobs in the Midwest
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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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Federated Department Stores Inc.   will transform 400 former May stores into Macy's on  Saturday, but the change does not mean the retailer -- despite  its renovated stores and new merchandise -- is abandoning its  moderate shopper.
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EarthLink Inc  said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.
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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.
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Delta Air Lines Inc. , the No. 3 U.S. carrier, said on Sunday it will cut 2,000 aircraft-maintenance jobs, up to 3,100 customer-service jobs, and between 1,600 and 1,800 supervisory and administrative personnel as part of a previously announced plan to cut total staffing by 7,000.
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New York retailing group Saks said Friday it will close 11 stores and shed 700 jobs. The company said it will close down eight Saks Fifth Avenue stores and three Off 5th Avenue
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Macyâs Inc., the owner of its namesake chain and Bloomingdaleâs, said Friday that it would close stores deemed to have inadequate sales and eliminate 899 jobs.
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Cardinal Health Inc., a medical products and services company based in Dublin, Ohio, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.
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Office Depot Inc. ODP.N said on  Friday it will cut more than 650 jobs in North America,  including 550 retail store positions, outsource some finance  functions and restructure its European contract sales force.
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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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Hershey Co.  on Thursday said it would cut about 11 percent of its workforce and reduce the number of production lines it operates by more than a third as it spends as much as $575 million to overhaul its manufacturing.
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Goodyear Tire &amp; Rubber Co. on Friday said it plans to cut about 340 jobs over the next year, and will take rationalization charges during the third quarter in an effort to reduce costs in its engineered products and chemical divisions.
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The fabled Filene's brand will come to an end tomorrow as Macy's completes its $17 billion takeover of regional chains across the country to create a shopping empire of more than 800 stores.
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Macy's Inc.  on Thursday reported a 2.7 percent decline in June sales at stores open at least one full fiscal year.
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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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Sprint Corp., the telecommunications giant, said yesterday it will cut 700 jobs in its business solutions division as it stops selling business long distance services outside of package deals.
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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.