Case's Revolution Health to Lay Off 60 Workers in Restructuring
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Revolution Health Group will lay off 60 employees starting this week as part of a broad restructuring at the health-care business launched two years ago by AOL founder Steve Case, the company said yesterday.
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The diocese of Los Angeles agrees to pay $60m to settle dozens of lawsuits alleging sexual abuse by priests.
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Telecoms group Cable & Wireless is to shed 600 jobs in the UK and Europe as part of an ongoing restructuring.
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St. Joseph&#39;s Regional Health Care will eliminate a 24-bed mental health ward at the former London psychiatric hospital, its management at odds yesterday with workers over whether the reduction will harm the mentally ill.
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Unions and management at Alitalia have struck a deal on payoffs for 3,700 employees set to lose their jobs. The agreement should open the way for the restructuring which could save the Italian carrier from bankruptcy.
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The planned elimination of 800 jobs is part of a restructuring plan that will cost $40 million, the troubled firm says.
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Drug wholesaler Cardinal Health Inc. (CAH) on Monday set a restructuring plan that involves cutting 4,200 jobs, or 7 percent of its work force, and closing 25 facilities around the world.
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Cardinal Health Inc. announced a three-year, two-phase restructuring plan that will cut 4,200 jobs and close approximately 25 facilities worldwide.
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Computer Associates on Wednesday announced a restructuring plan that will lay off 800 employees, or about 5 percent of its workforce, with 550 of the 800 reductions to take place in North America.
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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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Eli Lilly and Co. said Thursday it will eliminate 575 jobs to streamline operations and become more competitive. The employees in those positions, mostly sales and support jobs, will be given the choice of
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About 420 people will be laid off, with most of the cuts coming in New York. International offices will also close.
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The walkout comes as labor and management were reported close to a historic deal over healthcare for retirees.
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RSA has been shedding thousands of jobs as part of a major restructuring intended to refocus on general insurance. The firm has also sold its life business and other assets to strengthen its finances.
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Commerce One says it must lay off 56 employees, leaving it with 36 to operate its supplier relationship management business unit. Years of economic devastation have left Commerce One -- once
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BOSTON -- IBM Corp. laid off 1,570 people Wednesday, primarily from an ongoing overhaul of operations in its giant technology services unit.
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Cardinal Health Inc., a medical products and services company, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.