Warner Bros. may cut 1,000 people due to strike
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LOS ANGELES  - Up to 1,000 employees on the Warner Bros. lot in Burbank could be laid off anytime after Friday as a result of the Hollywood writers strike.
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It might, if the bankrupt airline succeeds in rejecting its collective-bargaining agreements and imposes $1 billion in wage and benefit cuts on 28,000 workers, said Stephen Olson, a local expert on federal labor law.
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Hollywoodâs movie and television writers plan to embark on an industrywide strike for the first time since 1988.
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Motorola Inc. will cut 1,000 jobs worldwide and take a charge of $50 million for severance benefits, officials said Tuesday.
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Arts & entertainment: Strike which has paralysed the entertainment industry could end as early as the weekend
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Morgan Stanley  is cutting about 1,000 jobs in the coming week, part of efforts to trim costs ahead of what it expects will be a tougher business environment, a person briefed on the moves said on Thursday.
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Blockbuster increased the pressure on its smaller rival Hollywood Entertainment on Tuesday saying that it was prepared to make its $1bn offer for the video rental chain hostile if Hollywoodâs board did not cooperate.
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Standard &amp; Poor&#39;s on Thursday said it may cut its ratings on Blockbuster Inc.(BBI.N: Quote, Profile, Research) deeper into junk, citing the company&#39;s offer to buy competitor Hollywood Entertainment Corp.
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More than 7,000 health care workers and registered nurses could hold a one-day strike at 10 Sutter Health hospitals on Dec. 1 if progress toward a contract is not made before then, union representatives announced Friday.
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Warner Bros, a unit of Time Warner  Inc, has told about 1,000 television and film production  workers that an unspecified number of layoffs will soon be  announced due to Hollywood's screenwriters strike.
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LOS ANGELES  Â When the union representing Hollywood directors begins contract talks Saturday, striking TV and film writers will likely be calculating how a deal might affect them.
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One of Hollywoodâs biggest independent film companies is expected to announce an agreement with striking writers.
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Time Warner&#39;s America Online unit is getting ready to fire more than 700 workers next month as part of a cost-cutting effort to combat declining subscriber numbers, according to a published report.
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Tokyo-based Japan Airlines Corp. hopes to cut 1,000 jobs by encouraging employees to retire early, sources told Kyodo News.
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Yahoo is likely to cut hundreds of jobs later this month, report says.
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Depending on who is doing the analysis, either an additional 1.3 million American workers will be eligible for overtime beginning tomorrow, or 6 million will be stripped of that right.
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Facing a $200 million operating deficit, the American Red Cross is preparing to cut as much as one-third of its headquarters staff, up to 1,000 employees, and pare regional management.