Computer Associates to Cut 800 Jobs
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Computer Associates International Inc. announced a restructuring plan Wednesday that would reduce its work force by 800 people worldwide, saving the business software maker &#36;70 million annually once the plan is fully implemented.
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Computer Associates International Inc. (CA.N: Quote, Profile, Research) will lay off about 5 percent of its work force in an attempt to cut costs, the Wall Street Journal reported on Wednesday.
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Office Depot Inc. will cut 900 jobs after the company closes and consolidates its call centers and account management operations. The US Securities and Exchange Commission and The Delray Beach, Fla.
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Bank of America will begin this month to cut 4,500 jobs across the company, predominantly in non-customer-facing positions. Bank of America said the cuts will spell $150 million in severance
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This move, and other cost-cutting measures, are expected to save the company $700 million to $800 million a year, the company said.
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The struggling chipmaker will eliminate around 10 percent of its workforce -- most cuts coming in management, marketing and IT -- as part of its biggest restructuring since the mid-1980s.
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&gt;lines 0,0,1000,993,1000 Computer Associates International announced a restructuring plan Wednesday that would reduce its global work force by 800 people, saving the software maker $70 million annually once the plan is implemented.
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Delphi Corp., the worldâs largest maker of auto parts, said Friday it plans to cut 8,500 jobs worldwide next year, when it expects to lose $350 million because
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Computer Associates International announced on Wednesday that it plans to cut 5 percent of its work force as part of a restructuring effort, a move that comes as the company seeks to rebuild itself after a long-running accounting scandal.
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Office Depot plans to cut 900 jobs as it consolidates operations at eight call centers and offices in six states. In a filing with the Securities and Exchange Commission, Office
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Credit card company Capital One Financial plans to eliminate 2,000 jobs, or about 6 percent of its workforce, as part of a $700 million restructuring, the company said yesterday.
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International Business Machines Corp.  said it laid off about 1,570 employees on Wednesday in its computer services business in the United States, part of a plan to trim costs in the unit.
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Succumbing to the heavy financial and competitive pressures buffeting the airline industry, Alaska Air Group yesterday announced it will cut 900 jobs, eliminating about 8 percent of its work force.
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Electronic Data Systems Corp. , one of the world's biggest computer services companies, is likely to cut up to 20,000 jobs over the next two years, the company's chief executive said on Thursday.
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Computer Associates International Ltd. , a business software maker, on Wednesday posted a wider quarterly net loss, including charges for job cuts and a &#36;225 million payment to settle a long-running accounting probe.
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Austin-based Temple-Inland Inc. (NYSE: TIN) plans to lay off about 8 percent of the company&#39;s workforce, or about 1,500 employees.
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Electronic Data Systems plans to cut 15,000 to 20,000 jobs over the next two years, as the struggling technology services giant tries to slash costs and regain its footing.