Hershey to cut 1,500 jobs
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Hershey co.  on Thursday said it would cut about 1,500 jobs and reduce the number of production lines it operates by more than a third as it tries to streamline manufacturing to improve profits.
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Motorola (Quote, Chart) said it would cut 1,000 jobs, a move prompted by the spinout of its Freescale Semiconductor (Quote, Chart) subsidiary.
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General Motors of Canada  will  cut about 1,000 jobs at a truck plant in Oshawa, Ontario, in  January amid slumping pick-up sales, the Globe and Mail  newspaper said in its online edition on Thursday.
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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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Morgan Stanley  is cutting about 1,000 jobs in the coming week, part of efforts to trim costs ahead of what it expects will be a tougher business environment, a person briefed on the moves said on Thursday.
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Hershey said it will close more than a third of its assembly lines and eliminate 12 percent of its work force after sales fell for the first time in 3 Â½ years.
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Cadbury Schweppes Plc , the  world&#39;s largest confectionery group, said it planned to cut 15  percent of its jobs and factories and was more likely to sell  than spin off its American drinks unit.
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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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Coca-Cola Enterprises, the largest bottler of Coca-Cola, said yesterday that it planned to cut about 3,500 jobs, or 5 percent of its global work force, after taking a $2.9 billion impairment charge in 2006.
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Motorola Inc., the world's No. 2 maker  of cell phones, on Tuesday said it would cut 1,000 jobs in  three of its units as it puts its effort behind wireless  communications in an increasingly competitive market.
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Coca-Cola Enterprises Inc. , the world's largest soft-drink distributor, will cut 3,500 jobs after posting its worst loss in at least 10 years on a $2.9 billion reduction in the value of its North American unit.
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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take charges of about &#36;50 million for severance benefits as it tries to increase productivity.
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Swiss food group Nestle has said that it would slash 645 jobs at a chocolate factory in the northern English city of York.
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General Motors of Canada  will cut about 1,000 jobs at a truck plant in Oshawa, Ontario, in January amid slumping pick-up sales, the Globe and Mail newspaper said in its online edition on Thursday.
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Retailer Macy's Inc  plans to cut  271 jobs in the Chicago, Detroit and Minneapolis areas, closing  most of its in-store wine shops and several food operations,  the Chicago Tribune reported Saturday.
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Eli Lilly and Co. (LLY.N: Quote, Profile, Research) said Thursday it plans to cut 575 jobs, or a little more than 2 percent of its US workforce, in a move to streamline its operations.
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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.