LandAmerica axing 1,100 jobs
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LandAmerica Financial Group Inc  a title insurance company, said on Tuesday it was eliminating 1,100 jobs as mortgage loan volume in the United States declines.
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Waters Corp. , which has 1,100 employees in Massachusetts, said it will phase out its traditional pension plan, joining a chorus of corporations nationwide that are dumping pensions in favor of 401(k) retirement accounts.
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Citigroup plans to eliminate about 1,000 jobs at its corporate and investment bank, according to a person close to the company, the latest signal that the company is placing a renewed emphasis on cutting costs and bolstering shareholder returns.
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Drug maker Schering-Plough Corp.   on Thursday said it would cut 1,100 jobs at its plants  in Puerto Rico and New Jersey -- about 3.3 percent of its  global work force -- as it reduces operations with excess  manufacturing capacity.
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FORT WORTH, United States : World number one American Airlines has announced plans to lay off as many as 1,100 pilots, mechanics and other ground staff in coming months, with more cuts in the future as it struggles to pare costs amid falling revenue.
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The Chrysler Group will offer hourly workers in the United States up to $100,000 to leave the company as part of a recovery plan announced this month.
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Putnam Investments said Monday it will cut about 100 jobs, an announcement that came a week after parent company Marsh &amp; McLennan Cos.
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Belo Corporation Wednesday announced that it will cut 250 jobs by Nov. 1, most of them at the companyâs flagship newspaper, The Dallas Morning News.
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Premier Foods, the firm behind Branston Pickle and Oxo stock, is to shut six factories, putting 1,000 jobs at risk.
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A Belfast-based software firm is creating 100 new jobs as a result of its expanding customer base.
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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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American Airlines told its employees last night that it planned to lay off as many as 1,100 pilots, mechanics and other employees, as part of a cost-cutting program.
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Struggling electronics maker Sanyo   Electric Co. 6764.T is considering slashing up to 1,000 more   jobs as it seeks to rebuild its appliance operations, the   Sankei daily reported on Thursday.
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US Airways Group Inc. , which is cutting operating costs to emerge from bankruptcy, will eliminate 1,800 maintenance jobs by closing or scaling back some facilities and hiring outside companies to handle the work.
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LONDON - British aerospace and defence giant BAE Systems announced plans to axe almost 1,400 jobs at 13 sites across Britain, in part due to a declining workload.
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As expected, Yahoo Inc began carrying out lay-offs up to 1,000 employees on Tuesday, as part of job cutbacks announced last month, several employees at the company's headquarters said on Tuesday.
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As expected, Yahoo Inc   began carrying out lay-offs up to 1,000 employees on Tuesday,  as part of job cutbacks announced last month, several employees  at the company's headquarters said on Tuesday.