Home Depot Will Lay Off 500 Workers
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Battered by a downturn in the housing market, the company is laying off about 10% of its workforce at its headquarters in Atlanta.
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Home improvement retailer Home Depot  Inc  has scrapped a plan to buy a bank as it focuses on  shoring up its retail business.
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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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Chemicals group DuPont Co.  said on Monday it would close or streamline 10 plants and cut 1,500 jobs - 2.5 percent of its overall workforce - as part of a plan to restructure its nutrition and crop protection business.
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Home Depot Inc.  has agreed to  sell its supply division for more than $10 billion, sources  close to the deal said on Tuesday.
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Office Depot Inc. announced plans Friday to cut roughly another 800 jobs, including positions in retail stores, its corporate headquarters and its European sales force, officials said.
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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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Computer Associates on Wednesday announced a restructuring plan that will lay off 800 employees, or about 5 percent of its workforce, with 550 of the 800 reductions to take place in North America.
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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.
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- Home Depot Inc  said it completed the sale of its wholesale supply business, HD Supply, to buyout firms on the same terms announced earlier this week.
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Office Depot Inc. (ODP.N: Quote, Profile, Research) said on Friday it will cut more than 650 jobs in North America, including 550 retail store positions, outsource some finance functions
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Battered by a downturn in the housing market, the company is laying off 500 workers at its headquarters in Atlanta, or about 10 percent of its work force there.
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Unisys plans to lay off 1,400 workers, mainly in general and administrative positions, and consolidate offices worldwide. The cuts represent 3.8 percent of the company&#39;s staff of 37,000, and
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Communications chip maker Agere  Systems Inc. AGRa.N on Wednesday said it will cut 500 jobs  and sell or close a plant in Florida that employs 600 people in  order to reduce costs amid slowing sales.
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Nortel reduced layoffs by 250, as the company details plans to cut expenses
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Home Depot  is expected to sell $5 billion in a three-part debt sale this week, according to a market source familiar with the sale.
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Texas Plywood &amp; Lumber Co., a seller of homebuilding products with 130 workers, has adopted a Bush administration plan to reduce health-care costs that Wal-Mart Stores Inc.