SBC May Cut More Than 10,000 Jobs
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SBC Communications SBC.N may shed  more than 10,000 jobs from its workforce through the end of  2005 using attrition and involuntary cuts, the company said in  a filing with U.S. market regulators on Friday.
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Nortel Networks Corp. will cut 10 percent of its workforce, or around 3,500 jobs, to reduce costs.
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SAN JOSE, Calif.  --  Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs  --  about 10 percent of its work force  --  through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring.
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Chrysler offered buyouts of as much as $100,000 to most of its hourly workers in the Detroit area as part of its plan to cut as many as 10,000 more jobs.
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Industry analysts expect close to 10,000 job cuts in the coming weeks so that the workers can be removed from AT&T's books by the end of the year.
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Yahoo is likely to cut hundreds of jobs later this month, report says.
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The drugmaker said it is weighing cost cuts that could eliminate 10 percent of its work force over a three-year period.
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SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal, 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over internet services.
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Citigroup  is considering cutting  5 percent to 10 percent of its work force, which totals  327,000, CNBC television reported on Monday, without citing  sources.
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BT&quot;&gt; SBC Communications, the nation&#39;s second-largest telephone company, will eliminate 10,000 jobs by the end of next year, according to a filing made yesterday with securities regulators.
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By JORDAN ROBERTSON, THE ASSOCIATED PRESS  SAN JOSE, Calif.  Chip maker Intel Corp. said Tuesday that it will eliminate 10,500 jobs  about 10 percent of its workforce  through layoffs, attrition and  the sale of underperforming business groups as part of a massive restructuring.
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The proposed merger of Sumitomo Mitsui Financial Group Inc. and UFJ Holdings Inc., two of Japan&#39;s biggest banks, could involve the loss or transfer of as many as 10,000 jobs -- 13 percent
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Facing continued top-line weakness, the company may have to cut costs.
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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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SCOTS workers with the Abbey bank have been warned of a major jobs purge if it is taken over by a Spanish rival. Santander Central Hispano has announced it will axe 3000 jobs if its proposed Â£8.
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Struggling electronics maker Sanyo   Electric Co. 6764.T is considering slashing up to 1,000 more   jobs as it seeks to rebuild its appliance operations, the   Sankei daily reported on Thursday.
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Intel Corp. INTC.O said on   Tuesday it is cutting 10,500 jobs, or about 10 percent of its   work force, as part of a plan by the world's biggest microchip   maker to become more competitive.