UBM cutting 200 U.S. jobs amid online drive
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British-based publishing and exhibitions group United Business Media Plc, which has been reducing its exposure to print in favor of online media, said it was cutting more than 200 jobs at its U.S.-based technology media business.
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Department store operator J.C. Penney Co Inc  is set to cut 100 to 200 jobs as it merges its buying and marketing operations for its store and online businesses, Chief Executive Myron Ullman said in an interview with The Wall Street Journal.
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Bank of America Corp. yesterday laid off hundreds of workers at Fleet bank branches across the Northeast as the North Carolina bank began to implement its brand of ...
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Report: Retailer could terminate as many as 1,200 positions stemming from stores sold to Home Depot.
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Bank of America has an option to cut at least 4,500 jobs while reorganizing its structure. This is not the first time when the bank reduces jobs.
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The company said online business has affected operations Insurance company Norwich Union has announced plans to shed about 450 jobs in Scotland as part of a 4,000 reduction in the UK.
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Bank of America plans to cut about 150 city jobs as it trims its overall staff by 4,500, people familiar with the situation said. The cuts at the bank, which already said it would slash 12,500
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The mortgage lender IndyMac Bancorp said that it would cut its work force by 24 percent.
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.
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Bank of America Corp. 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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Cardinal Health Inc. said it will cut 4,200 jobs as part of a three-year restructuring plan aimed at boosting annual earnings by $500 million.
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Hillenbrand Industries Inc. said Thursday it is cutting 230 jobs to lower costs. The company also cut its earnings forecast for the year ending this month.
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The record company's response to dwindling CD sales is cutting up to 2,000 jobs worldwide in an attempt to save $400 million
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Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo! Inc. is poised to lay off hundreds of workers, according to published reports
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TriQuint Semiconductor Inc. said Monday that it is cutting about 200 jobs as part of a plan to save $18 million per year by restructuring its optoelectronics business.
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Pfizer Inc., the world's largest drug maker, will slash 2,200 US sales jobs as chief executive Jeffrey Kindler reduces expenses to compensate for revenue lost to cheaper generic competition.
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Rolls Royce is planning to slash more than two thousand jobs worldwide, including many in the UK