SBC plans to cut 10,000 jobs by 2005
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SBC Communications (SBC) 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 market regulators Friday.
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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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SBC, the second-biggest US phone company, plans to cut more than 10,000 jobs, or about 6% of its workforce, by the end of next year.
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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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Delta Air Lines is planning to cut 7,000 jobs, or about 10% of its workforce, as the US carrier fights to avoid bankruptcy.
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US phone company SBC says it expects to cut nearly 13,000 jobs following its $16bn takeover of AT&T.
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Delta Air Lines Inc. DAL.N on  Wednesday said it will cut 6,000 to 7,000 jobs, or about 10  percent of its work force, over the next 18 months and drop  Dallas/Fort Worth as a hub as it tries to avert bankruptcy.
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Oracle will eliminate about 5,000 jobs following its $10.3 billion acquisition of PeopleSoft, the company said Friday.
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The CEO of Cingular acknowledged earlier this week that it expects to cut up to 10 percent of its 68,000-person workforce in the next year and a half.
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By Staff and wire reports |. In a move to stave off competitors, SBC Communications Inc. will offer residential Voice over Internet service in early 2005.
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Delta Air Lines DAL.N on Wednesday  said it plans to eliminate between 6,000 and 6,900 jobs during  the next 18 months, implement a 10 percent across-the-board pay  reduction and reduce employee benefits.
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Planemaker Airbus will announce on Wednesday plans to cut 10,000 jobs in four European countries, but will force contractors to share the pain of cuts which could provoke labor unrest, industry sources said.Comment
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The nationâs premier center for plumbing the mysteries of the universe in the tiniest bits of matter is planning to lay off more than 10 percent of its employees.
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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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SBC Communications said in a quarterly filing that it will lay off 10,000 workers by the end of next year but plans to continue hiring in its wireless and broadband access divisions.
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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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German car maker BMW is set to eliminate "several thousand" jobs next year as part of a cost-cutting plan, a spokesman for the group told AFP on Friday.