Aon says restructuring to cut 3,600 employees
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Aon Corp.  said on Tuesday that  a previously announced restructuring would likely reduce head  count by about 3,600 employees.
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Delta Air Lines Inc. DAL.N, the No.  3 U.S. carrier, said on Sunday it will cut 2,000  aircraft-maintenance jobs, up to 3,100 customer-service jobs,  and between 1,600 and 1,800 supervisory and administrative  personnel as part of a previously announced plan to cut total  staffing by 7,000.
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Bank of America Corp , the  second-largest U.S. bank, plans to lay off 3,000 people in its  corporate and investment banking unit, including its chief, the  Wall Street Journal reported Wednesday, citing people familiar  with the situation.
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LONDON (CBS.MW) -- Cable &amp; Wireless, the UK and Caribbean business telecoms group, unveiled a restructuring and management reshuffle on Wednesday that will see around 600 jobs cut.
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Bank of America has an option to cut at least 4,500 jobs while reorganizing its structure. This is not the first time when the bank reduces jobs.
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Facing soft demand from major customers, semiconductor and software specialist Agere Systems said it will lay off 500 people and close three facilities to cut costs.
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The Marsh &amp; McLennan Company, the troubled insurance and investment company, said today that it would lay off 3,000 employees, or roughly 5 percent of its work force, as it moved to right
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) will cut about 4,400 jobs, or 12 percent of its work force, and close nearly a third of its factories under a restructuring
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The company announced the firings on Thursday along with a restructuring plan that included layoffs of about 3,500 employees.
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Cardinal Health Inc. announced a three-year, two-phase restructuring plan that will cut 4,200 jobs and close approximately 25 facilities worldwide.
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America Online, the world&#39;s largest Internet service provider, is preparing to cut its workforce by more than 700 employees early next month to cut costs, The Washington Post reported on Tuesday.
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AOL said Thursday it expects to drop as many as 5,000 employees, or a quarter of its global work force, within six months as the company restructures its business to draw more online advertising dollars.
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Spain&#39;s SCH plans to cut around 3,000 jobs at takeover target Abbey National to meet its goal of reducing costs by 450 million euros (302 million pounds) at the bank within three years.
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America Online Inc. is preparing to fire more than 700 employees in early December -- mostly at the company&#39;s Northern Virginia headquarters -- a cost-cutting move tied to the firm&#39;s continuing
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Staggered by accusations that it cheated its customers, Marsh & McLennan will lay off 3,000 employees, or 5 percent of its work force.
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Nortel Networks Corp. will cut 10 percent of its workforce, or around 3,500 jobs, to reduce costs.
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Title insurer First American Corp.  said on Tuesday that it expected to reduce personnel by about 1,300 in the third quarter, citing rapidly changing economic conditions.