French insurer AGF plans 1,500-2,000 layoffs: report
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French insurance firm AGF, part of  Germany's Allianz , is planning to cut between 1,500  and 2,000 jobs, a newspaper reported on Saturday, and the  company said it was consulting with staff on boosting  competitiveness.
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Bank of America Corp  said it will lay off about 2,500 workers in Illinois and 1,500 in Michigan over the next two years in connection with its $21 billion purchase of LaSalle Bank Corp from Dutch bank ABN AMRO Holding NV .
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International Business Machines Corp.  said it laid off about 1,570 employees on Wednesday in its computer services business in the United States, part of a plan to trim costs in the unit.
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Nortel Networks Corp. will lay off approximately 1,400 employees in the US and about 950 in Canada, with those employees to be notified by the end of June 2005, the network equipment vendor said in a regulatory
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Fidelity Investments, the world's  biggest mutual fund firm, has made a second round of layoffs  due to the ongoing restructuring at the group and axed about  250 jobs, a spokeswoman said on Friday.
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Temple-Inland Inc. (TIN.N: Quote, Profile, Research) , a maker of packaging and building materials, on Monday said it will lay off about 1,500 employees as it repositions its mortgage
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French hotel group Accor has said it planned to sell 535 hotels in the next few years but would create as many as 200,000 new rooms, half of them in emerging markets, under a new strategic plan for the group.
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Bank of America said it will cut about 4,500 positions, or about 2.5 percent of its workforce, beginning this month. The layoffs will take place across the bank&#39;s geographic footprint and in all lines of business
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Papermaker and forest products company Svenska Cellulosa AB said Tuesday it would cut 1,200 jobs, or 2.4 percent of its overall work force, as it seeks to cut costs amid competition from rivals and declining demand. Most of the job losses will be at plants in France and the Netherlands.
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The worldÂs largest drug company said that it would lay off almost 2,400 employees in what may indicate a wider retrenchment of the drug industry.
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Germany's leading bank, Deutsche Bank, is to tell its employees next week of plans to cut some 2,000 jobs to increase profitability, according to a report.
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By Anne Krishnan, The News & Observer, Raleigh, N.C.  Feb. 28--Lenovo might be planning 1,000 layoffs worldwide to cut costs in  the ultra-competitive PC market, according to newspaper and wire reports from  Asia.
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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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Nortel Networks will lay off about 1,400 employees in the US and about 950 in Canada, with those employees to be notified by the end of June 2005.
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No. 1 automaker&#39;s plan may affect 20% of European work force as it aims to save $500Ma year. FRANKFURT  - General Motors, the world&#39;s largest automaker, is expected to unveil a plan this week to cut
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Airport operator BAA is set to cut jobs with one report saying as many as 2,000 staff will be made redundant.
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NEW YORK -- American Express Co. Friday said it will cut 2,000 jobs, or 2.5 percent of its work force, in a restructuring designed to save more than $75 million a year before taxes.