Delphi to Cut 8,500 Jobs
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Auto parts supplier Delphi Corp.  DPH.N said on Friday it plans to cut 8,500 jobs, or up to 5  percent of its work force, in 2005 because of vehicle  production cuts by its North American customers and rising  materials costs.
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So many jobs have been cut by the auto parts giant Delphi that workers sound almost existential about their future.
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US telecoms giant AT& T has announced that it plans to cut its workforce by 20% this year, axing a further 7,000 jobs.
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The San Diego-based maker of data storage products said in a statement that it plans to cut 145 regular and temporary personnel worldwide, and will incur restructuring charges of between $5 million and $7 million.
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Nortel plans to cut about 3,500 jobs, most of them affecting middle managers, in a move to save $450 million to $500 million per year.
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DETROIT -- Struggling auto parts maker Delphi Corp. said Tuesday it losses widened to $853 million for the fourth quarter and to $5.5 billion for all of 2006.
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Roughly 62 percent of bankrupt auto   parts maker Delphi Corp.'s U.S. union workers have opted out of   the company through retirements or buyouts, the company said on   Tuesday.
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New York (dpa) - Delphi Corp., the world&#39;s largest auto-parts maker, said Friday that it will cut 8,500 jobs, or nearly 5 per cent of its workforce, next year while it also announced that it would post losses for the fourth quarter and for 2005.
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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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Computer Associates International Inc., the software maker operating under government oversight after an accounting scandal, will fire 800 workers, or 5 percent of its employees, as the company trims its product line.
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Office Depot Inc. plans to cut 900 jobs as it consolidates operations at eight call centers and offices in six states. In a filing with the Securities and Exchange Commission, Office Depot - the nation&#39;s second
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General Motors Corp. said Thursday it will slash 12,000 jobs from its money-losing European operations -- nearly one in five of its jobs there -- by the end of 2006 in order to save $617 million per year.
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Business & money: Closure plans put up to 2,800 jobs at risk.
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Software maker Computer Associates  CA.N on Wednesday said it would cut 800 jobs, or 5 percent of  its work force, to cut costs amid weaker demand and falling  prices for software and services.
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Auto parts supplier Delphi Corp. (DPH.N: Quote, Profile, Research) said on Friday it plans to cut 8,500 jobs, or up to 5 percent of its work force, in 2005 because of vehicle
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Workers at the bankrupt Delphi Corporation approved an agreement today that would eliminate a long-time job security protection and steeply cut their hourly pay.
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PARIS/MUNICH  - Airbus plans to cut 5,000 jobs and axe another 5,000 filled by contractors, bringing total job cuts in its plants to 10,000 while limiting the impact on its own workforce, industry sources said on Tuesday.