Discovery Cuts 84 Education Group Jobs
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Discovery Communications Inc. said yesterday that it had cut 84 positions in its education group, scaling back a division that had been expanding rapidly since it was launched two years ago.
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A Chicago outplacement firm says planned job cuts announced by employers hit an eight-month high of 107,863 in September. Challenger, Gray &amp; Christmas, in a report released Tuesday
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Colgate-Palmolive is to cut about 4,440 jobs -12 per cent of the workforce - and close roughly one-third of its factories amid fierce competition from Procter &amp; Gamble.
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Health and beauty retailer Boots is to scrap several health services such as laser eye surgery and dentistry, affecting 850 employees.
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The San Diego-based maker of data storage products said in a statement that it plans to cut 145 regular and temporary personnel worldwide, and will incur restructuring charges of between $5 million and $7 million.
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Weekly wages for rank-and-file workers fell because companies reduced the average length of the workweek.
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Colgate-Palmolive Co. (CL) will cut about 4,400 jobs and close a third of its factories under a program aimed at fighting rising costs and focusing on higher-profit areas such as oral care, the company said on Tuesday.
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Employers cut 4,000 jobs in August,  the first time in four years that monthly hiring contracted,  the government said on Friday in a report certain to boost  pressure on Federal Reserve policy makers to cut interest  rates.
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Colgate-Palmolive Co. CL.N will cut  about 4,400 jobs, or 12 percent of its work force, and close  nearly a third of its factories under a restructuring, the  consumer products company said on Tuesday.
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McGraw-Hill Cos , which publishes educational books and magazines and owns the Standard & Poor's credit rating agency, on Tuesday said it is eliminating 611 jobs, or 3 percent of its workforce, to reduce costs and boost shareholder returns.
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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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The BBC, the world's biggest public broadcaster, is to cut almost a quarter of its 28,000-strong workforce, in the biggest shake-up in its 82-year history, The Times newspaper said.
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About 250 employees of the General Services Administration are being transferred out of an acquisition program where work has fallen off, officials announced yesterday.
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Colgate-Palmolive, the consumer products company, said yesterday that it would close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.
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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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Blog: At least 80 employees in the company's Foster City, Calif., office are out of work, according to a report.
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Colgate-Palmolive, which makes consumer products including Ajax detergent and Irish Spring soap, plans to cut its work force by about 4,400 jobs as part of a restructuring plan aimed at boosting its sales and profits around the world.