Brief: AOL reportedly to cut 700 jobs
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NOVEMBER 02, 2004 (IDG NEWS SERVICE) - America Online Inc. plans to lay off 700 employees, about 5% of its US workforce, by the end of the year, several news organizations reported today.
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Troubled German regional bank WestLB plans to cut 1,700 jobs, or around 30 percent of its workforce, as part of a plan to save it from ruin, the German magazine Focus said Friday.
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AT&amp;T Corp. (TN: Quote, Profile, Research) will cut another 7,400 jobs and reduce the value of its assets by $11.4 billion, spurred by its retreat from traditional consumer
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Washington - America Online is preparing to fire over 700 workers in early December, with many of the cuts coming from its northern Virginia headquarters, The Washington Post newspaper said Tuesday.
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By Crayton Harrison, The Dallas Morning News  Sep. 16--Affiliated Computer Services Inc. is cutting an unspecified number of jobs in its technology outsourcing business.
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Computer Associates International Inc. (CA) plans to cut 800 positions worldwide, 5 percent of its workforce, in hopes of shaving US$70 million annually off its operating costs.
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Computer Associates International Inc. (CA) plans to cut 800 positions worldwide, 5 percent of its workforce, in hopes of shaving $70 million annually off its operating costs.
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WASHINGTON (CBS.MW) - Sprint Corp. said Friday it will cut up to 700 jobs, write down the value of its traditional phone network and spend less money marketing standalone long-distance service.
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NEW YORK, October 15  - The US-based telecom giant, Sprint Corporation (FON.NYS), has announced its plans for additional 700 job cuts in its Sprint Business Solutions (SBS) division.
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Yahoo Inc  is planning to  announce cutbacks later this month that will likely lead to  hundreds of job losses at the nearly 14,000 employee company, a  source familiar with the plan said on Monday.
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AT&amp;T Corp. said it will cut one-fifth of its work force this year -- or 7,400 more jobs -- and write down $11.4 billion of assets as the phone company retreats from the residential business it once dominated.
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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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Plus:  EarthLink trims outlook...AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report.
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Time Warner Inc.&#039;s  AOL unit  may offer its full menu of services, including e-mail, free of  charge to anyone with a high-speed Internet connection, The  Wall Street Journal said on Thursday, citing people familiar  with the matter.
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AOL told 500 employees at the company's Dulles headquarters today that their jobs would be eliminated, as part of plans announced this summer to trim its workforce and change the business strategy.
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Rumors suggest that AOL, which hired a new CEO last November and has suffered a precipitous drop in revenue recently, is getting ready for massive layoffs.
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EarthLink Inc  said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.