Belo to cut 250 jobs, mostly at Dallas Morning News
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The layoffs are expected to come by November First, with most coming at Belo&#39;s flagship newspaper, The Dallas Morning News. Belo also says it&#39;s reassessing the future of its Dallas-based Texas Cable News television operation.
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Bank of America Corp. said Thursday it will cut an additional 4,500 jobs, or 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
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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, while adding 875 jobs at two other plants.
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Media owner Belo Corp. said yesterday it would cut 250 jobs, more than half of them at its flagship newspaper, The Dallas Morning News, and that an internal investigation into circulation overstatements showed the projected circulation decline at the newspaper would be slightly steeper than forecast last month.
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Media company Belo Corp. estimated that fourth-quarter earnings Wednesday will likely fall in line with analysts&#39; figures. Belo, which publishes the flagship Dallas Morning News, said that it expects fourth
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Rupert Murdoch&#39;s News Corporation is to close its Wapping printing site with the loss of up to 700 jobs and spend more than Â£600m on three new plants in Enfield, Glasgow and Liverpool.
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Shares of media company Belo Corp.  BLC.N fell more than 4 percent on Thursday after an analyst  downgraded the stock, citing the company's struggles with a  circulation scandal at its Dallas Morning News newspaper.
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Bank of America said Thursday it will cut about 4,500 jobs, or about 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
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Siemens AG plans to cut 1,250 jobs in its wireline network business as it restructures the unit, the German engineering giant said Friday.
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Matav, Hungary's biggest telecommunications company, will eliminate 3,750 jobs or 25 percent of its workforce within two years in a cost-cutting measure aimed at confronting fierce industry competition, the firm said in a statement posted on its website.
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LONDON The British Broadcasting Corporation has announced a major cost-cutting move, eliminating about 29-hundred jobs or more than a-tenth of its work force.
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Bank of America Corp., which employs about 700 people in the Nashville area, plans to cut about 2.5 percent, or 4,500 jobs, from its work force nationally.
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TORONTO -- Nortel Networks gave details of a previously announced job cut program Thursday, saying it is cutting 950 jobs in Canada and 1,400 in the United States among a total of 3,250 to be eliminated by next June.
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American Airlines, reeling from surging fuel costs, rock-bottom fares and hurricanes, plans to cut as many as 250 jobs at Lambert Field next month, potentially more than 10 percent of its St.
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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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Telecommunications equipment maker  Motorola Inc. MOT.N said on Tuesday that it would cut 1,000  jobs and take related charges of about $50 million to focus on  its wireless business.
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Capital One Financial Corp., the holding company of Capital One Bank, plans to eliminate about 750 jobs as it shifts the majority of its production service operations to a U.S.-based supplier, the company reported Tuesday.