Colgate to Cut About 4,400 Jobs
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Colgate-Palmolive Co. CL.N will cut  about 4,400 jobs and close a third of its factories under a  program aimed at fighting rising costs and focusing on  higher-profit areas such as oral care, the company said on  Tuesday.
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Delphi Corp. said Friday it plans to cut 8,500 jobs -- or 4.6 percent of its total work force -- worldwide next year as part of an ongoing restructuring.
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Colgate-Palmolive said that it would close about a third of its factories and cut more than 4,400 jobs over the next four years.
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Computer hard-drive maker Seagate  Technology  on Monday said it planned to cut about 6,000  jobs as part of its just completed &#36;1.9 billion acquisition of  rival Maxtor Corp.
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Bank of America Corp. is cutting 4,500 jobs, or 2.5 percent of its work force, with the firings spread throughout the company. The company says it&#39;s part of a &quot;simplification&quot; of its business model.
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Colgate-Palmolive, which makes consumer products including Ajax detergent and Irish Spring soap, plans to cut its work force by about 4,400 jobs as part of a restructuring plan aimed at boosting its sales and profits around the world.
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Colgate-Palmolive Co. CL.N said on  Tuesday it would cut about 12 percent of its 37,000-person work  force as part of a four-year restructuring plan for which it  anticipates after-tax charges of $550 million to $650 million.
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) will cut about 4,400 jobs and close a third of its factories under a program aimed at fighting rising costs and focusing
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Sprint Nextel, the No. 3 U.S. mobile service, said it will cut about 4,000 jobs and predicted further pressure on its ability to turn a profit in 2008.
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Bank of America said Thursday that it would cut an additional 4,500 jobs from its work force, increasing the number pared since its acquisition of FleetBoston Financial by 36 percent, to 17,000.
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Bank of America Corp. BAC.N will cut  an additional 4,500 jobs from its ranks, increasing the number  of jobs lost since its FleetBoston Financial acquisition by 36  percent to 17,000.
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US firmss have cut back on the total number of staff employed for the first time in four years, official data shows.
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The cellphone-network equipment maker said that it would cut up to 4,000 jobs, about 5.4 percent of its work force, after profit plunged 42 percent in the fourth quarter.
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Sprint Nextel , the No. 3 U.S. mobile service, said on Friday it would cut about 4,000 jobs within the company, close 125 stores and reduce its use of outsourced services to improve its financial performance.
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US wireless telecommunications firm Sprint Nextel announced it was cutting 4,000 jobs Friday, saying it anticipated "downward pressure" on its profits in the coming year.
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NEW YORK - Colgate-Palmolive Co., which announced Tuesday that it is eliminating 4,400 jobs, disclosed in a regulatory filing that many of its top executives and officers are given allowance of up to $11,500 a year to spend on anything from pet-sitters to
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Colgate-Palmolive, the consumer products company, said yesterday that it would close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.