Delphi to Eliminate an Additional 8,500 Jobs
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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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The British oil giant said it would cut an additional 5,000 jobs by the middle of next year in an effort to slim management and make the company more efficient.
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Office Depot Inc. plans to cut 900 jobs as it consolidates operations at eight call centers and offices in six states. In a filing with the Securities and Exchange Commission, Office Depot - the nation&#39;s second
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Auto parts maker Delphi Corp  said on Tuesday the size of its bankruptcy exit financing package would be reduced and several changes made to its reorganization plan due to the roiling credit markets.
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Matav, Hungary's biggest telecommunications company, will eliminate 3,750 jobs, representing 25 percent of its workforce, within two years in a cost-cutting measure, the company announced on its website.
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Two local healthcare companies this week alerted the government that they will soon eliminate a total of about 160 jobs.
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NEW YORKâSoftware maker Computer Associates International Inc. says it will cut 800 jobs, or 5 per cent of its workforce, to reduce costs amid weaker demand and falling prices for software and services.
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Global Crossing plans to eliminate 600 jobs, roughly 15 percent of its workforce, by March 2005 as part of a restructuring plan. The company needs an additional $40 million in financing to fund
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Roughly 62 percent of bankrupt auto   parts maker Delphi Corp.'s U.S. union workers have opted out of   the company through retirements or buyouts, the company said on   Tuesday.
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PARIS/MUNICH  - 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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Oracle will eliminate about 5,000 jobs following its $10.3 billion acquisition of PeopleSoft, the company said Friday.ADVERTISEMENTWhite paper: Solutions to Address IT Control RequirementsLearn how BMC Software Solutions address requirements such as the Sarbanes-Oxley Section 404 in this 20 page whitepaper!
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US telecoms giant AT& T has announced that it plans to cut its workforce by 20% this year, axing a further 7,000 jobs.
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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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Software maker Computer Associates  CA.N on Wednesday said it would cut 800 jobs, or 5 percent of  its work force, to cut costs amid weaker demand and falling  prices for software and services.
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Motorola Inc. , the world&#39;s  second-biggest mobile phone maker, said it expects to cut an  additional 4,000 jobs, bringing the total to 7,500 this year,  as it works to reduce costs to return to profit.
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Struggling US car parts firm Delphi reaches a union deal to cut wages and exit bankruptcy protection.
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Indianapolis-based drug manufacturer, Eli Lilly, is eliminating 575 US jobs, in order to streamline operations and become more competitive.