Putnam Investments to Eliminate 100 Jobs
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Putnam Investments said Monday it will cut about 100 jobs, an announcement that came a week after parent company Marsh &amp; McLennan Cos.
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General Motors Corp., the world&#39;s largest automaker, announced Tuesday that the 1,100 remaining workers at its Baltimore assembly plant will lose their jobs next year when
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LandAmerica Financial Group Inc  a title insurance company, said on Tuesday it was eliminating 1,100 jobs as mortgage loan volume in the United States declines.
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Morgan Stanley  on Wednesday  said it will eliminate 1,000 jobs as it scales back its U.S.  residential mortgage operations and closes its British  residential mortgage lending business, Advantage Home Loans.
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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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General Motors Corp. on Tuesday said it  will lay off about 950 workers at its Linden, New Jersey, truck  plant early next year and cease production of the two sport  utility vehicles manufactured at the facility.
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American Airlines told its employees last night that it planned to lay off as many as 1,100 pilots, mechanics and other employees, as part of a cost-cutting program.
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_ Newsday is cutting as many as 100 jobs through voluntary and non-voluntary buyouts, the Long Island newspaper&#39;s publisher said Thursday.
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The New York Times Co will eliminate  100 newsroom jobs, the company confirmed on Thursday, as it  girds for a weaker economy and an overall decline in print  advertising and circulation revenue.
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General Motors of Canada  will cut about 1,100 jobs at a truck plant in Ontario amid slumping pickup sales, the company said on Thursday.
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Nortel Networks Corp.    said on Tuesday it will cut 1,100 jobs globally as the  communications equipment maker seeks to improve operating  margins.
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Putnam Investments yesterday eliminated nearly 70 jobs in the Boston area, the company confirmed. The cuts were a result of the decision in June to merge Putnam's retirement-plan servicing group with Putnam's sister firm, Mercer Human Resource Outsourcing, a Putnam spokeswoman said. Both companies are owned by embattled New York insurance broker Marsh &amp; McLennan Cos.
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Retailer Home Depot Inc.  on  Wednesday said it would cut 300 jobs at its Atlanta  headquarters, or about 5.6 percent of the location's total  staff, as it shifts resources to invest in store improvements.
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Oracle Corp. , the world&#39;s  third-largest software maker, on Friday said Chief Executive  Larry Ellison adopted a plan to sell up to 100 million of the  company&#39;s shares over the next nine months.
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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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As many as 15 senior execs could lose their jobs in the next few days: source. BOSTON  - Putnam Investments is expected to lay off more employees, the chief executive of its parent company said Tuesday
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The package is expected to include more than $100 billion in one-time tax rebates for individuals and an opportunity for businesses to rapidly write off their capital investments.