Manufacturers 'could cut 22,000'
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About 22,000 jobs in UK manufacturing could be lost in the next three months as output lags in many areas, the Confederation of British Industry says.
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DALLAS - Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs - up to one-sixth of its work force - over about two years to help reduce costs by about $3 billion, chief executive Michael H...
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DaimlerChrysler AG   could lay off up to 4,000 in North American truck operations next year, Andreas Renschler, a member of the automaker's board of management who heads its truck operations, said on Monday.
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European aircraft maker Airbus has forecast that the global market for aircraft would reach 2.6 trillion dollars (2.02 trillion euros) in value by 2025, with total production at 22,700 planes.
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Institutional money manager State Street Corp  faces $22 billion exposure to asset-backed commercial paper conduits, the off-balance sheet vehicles that have caused problems for rivals in recent weeks, British newspaper The Times reported.
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The U.S. government will spend close to $22 billion on IT projects by the end of September, as agencies rush to spend their budgets by the end of the fiscal year, says a report from Input, an analyst focused on government contracts.
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Industry analysts expect close to 10,000 job cuts in the coming weeks so that the workers can be removed from AT&T's books by the end of the year.
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Limited Brands is cutting loose the brands that are dragging it down.
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In the next step of its sweeping reorganization plan, Intel may be preparing to let go of as many as 22,000 workers worldwide, according to media sources close to the affected operations.
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China has seen its trade surplus hit $22.4bn in May from a year earlier, according to official data.
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Ford Motor Co., the world&#39;s second- biggest carmaker, plans to cut production of Jaguar cars by 15,000 units this year to trim losses at its European luxury-vehicle unit.
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Business & money: Â· EC concern at company's grip on supply linesÂ· Russian state monopoly may be forced to divest
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Job cuts at Airbus may be up for debate at a company board meeting, a union at the planemaker warns.
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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DALLAS Electronic Data Systems, the beleaguered technology company, may cut as many as 20,000 jobs in coming years, its chief executive, Michael Jordan, has told investors.
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U.S. manufacturers expect the economy to slow in 2007, as the weakening housing market continues to take a toll on business, according to data released on Thursday.
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The steel crisis at Nissan Motor might force the carmaker to reduce production by a further 15,000 vehicles next March on top of the 25,000 that have been