Lilly to Eliminate Up to 575 US Jobs
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Drugmaker Eli Lilly and Co. (LLY.N: Quote, Profile, Research) on Thursday said it will eliminate up to 575 US positions, representing 2 percent of its US work force, in order to streamline operations and reduce costs.
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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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Eli Lilly and Co. said Thursday it will eliminate 575 jobs to streamline operations and become more competitive. The employees in those positions, mostly sales and support jobs, will be given the choice of
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AT&amp;T Corp. announced yesterday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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Delphi, the world&#39;s largest auto parts maker, said Friday that it would cut nearly 5 percent of its work force, or 8,500 jobs, as it copes with the declining fortunes
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H&R Block Inc , the largest U.S. tax preparer, said on Tuesday it will fire 575 workers at its Option One Mortgage Corp subprime lending unit, on top of 615 job losses announced on May 15.
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Airbus plans to cut 5,000 jobs and  axe another 5,000 filled by contractors, bringing total job  cuts in its plants to 10,000 while limiting the impact on its  own workforce, industry sources said on Tuesday.
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Pharmaceutical giant Merck &amp; Co. , under siege because of lost revenues from its recalled blockbuster arthritis drug Vioxx, will cut about 5,100 jobs by year's end, 700 more than originally planned, and will slash hundreds of millions of dollars in spending, chairman and chief executive Raymond V. Gilmartin said yesterday.
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American Express Co said it will cut 2,000 jobs, or 2.5 per cent of its work force, in a restructuring designed to save more than USD 75 million a year before taxes.
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Boston Scientific Corp. , the medical device maker, eliminated 55 jobs in Marlborough last month, according to the state Executive Office of Labor and Workforce Development. Company spokesman Paul Donovan said the Natick firm made the cuts after deciding to pull the plug on its Endovations program, an effort to develop a new single-use endoscope with an integrated ...
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Computer Associates will cut 800 jobs, the software maker said yesterday, reducing its workforce 5 percent in its biggest cost-cutting effort since 2001 amid slack demand and falling prices for software and services.
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Drugmaker Eli Lilly and Co. LLY.N on  Thursday said it will eliminate up to 575 U.S. positions,  representing 2 percent of its U.S. work force, in order to  streamline operations and reduce costs.
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H&R Block Inc , the largest U.S. tax preparer, on Tuesday said it will eliminate 575 jobs at its Option One Mortgage Corp subprime lending unit, on top of 615 job losses announced on May 15.
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Boston Scientific Corp  said on Wednesday it would cut about 2,300 jobs, or about 9 percent of its workforce, and restructure or sell several business units as part of its efforts to reduce operating expenses.
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The DuPont Company will eliminate 1,500 agriculture jobs and cut output of herbicides and pesticides in a plan to increase spending on genetically modified seeds, the company said yesterday.
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Hershey Co.  will cut 1,500 jobs, or about 11 percent of its work force, and reduce the number of production lines it operates by more than a third as it spends up to $575 million to overhaul its manufacturing, the company said on Thursday.