New Round of Cuts at SBC Will Eliminate 10,000 Jobs
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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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The SanDisk Corporation said it would cut 10 percent of its work force and trim executive salaries to compensate for a recent collapse in prices for memory chips.
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Countrywide Financial Corp, the largest U.S. mortgage lender, plans to cut 10,000 to 12,000 jobs to cope with weakened housing demand, rising foreclosures, and tightening credit markets.
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As expected, the chipmaker announces 10,500 layoffs as part of a strategy to cut costs and regain momentum.
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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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The decision comes on top of 12,500 job cuts that the bank initially said it would eliminate during the merger. The bank&#39;s move drew fire from two Massachusetts
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TOULOUSE, France - Troubled planemaker Airbus confirmed 10,000 job cuts and announced plans to sell all or part of six factories on Wednesday, as workers protested and ...Comment
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By JORDAN ROBERTSON, Associated Press writer  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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The Ford Motor Company said today that it would cut 10,000 more salaried jobs, close two more factories and eliminate its stock dividend.
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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 number of newly laid off workers filing claims for unemployment benefits dropped last week to the lowest level in 10 weeks.
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European jet maker Airbus revealed plans on Wednesday to axe 10,000 jobs, nearly a fifth of its workforce, as part of a radical cost-cutting scheme to lift the company out of a financial crisis.
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TOULOUSE, France  - Troubled planemaker Airbus confirmed 10,000 job cuts and announced plans to sell all or part of six factories on Wednesday, as workers protested and politicians hailed a hard-fought compromise.
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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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The league announces that it is reducing the amount of time allowed to make a first-round selection from 15 minutes to 10 minutes.
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The two-year effort will reduce its work force by 10 percent and cut $5 billion in costs. Analysts see measures as essential to compete against Advanced Micro Devices.
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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.