Whirlpool to cut 730 jobs at Tennessee plants
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Whirlpool Corp.  on Thursday said it would cut 730 jobs in manufacturing plants in Tennessee as part of an ongoing move to control manufacturing costs.
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The retailer said it will reduce the number of new supercenters to be opened this year by nearly 30 percent, or roughly 75 stores.
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Whirlpool Corp.  said on Thursday that it has reached a definitive agreement to sell the Hoover floor-care business to Techtronic Industries Co. Ltd. for $107 million in cash as it narrows its focus on appliances.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.
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Delta Air Lines DAL.N on Wednesday  said it plans to eliminate between 6,000 and 6,900 jobs during  the next 18 months, implement a 10 percent across-the-board pay  reduction and reduce employee benefits.
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Eli Lilly and Co. LLY.N said  Thursday it plans to cut 575 jobs, or a little more than 2  percent of its U.S. workforce, in a move to streamline its  operations.
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Struggling clothing retailer Wet Seal  Inc. WTSLA.O on Tuesday said it will close about 150  underperforming stores as part of a major restructuring plan  and layoff about 2,000 employees.
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The Blue Bell, Pa.-based company said it will close some of its facilities and reduce its employee head count.
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Chiquita Brands International Inc  said on Monday it will cut management jobs and close facilities as part of a restructuring to generate annual cost savings of $60 million to $80 million, sending its shares up more than 7 percent.
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Home improvement retailer Home Depot  Inc , pressured by the slumping housing market, on  Thursday said it would cut 500 jobs at its Atlanta store  support center, or about 10 percent of the headquarters staff.
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Time Warner&#39;s (TWX:NYSE - news - research) America Online division reportedly plans to cut 700 jobs next month in a concession to declining subscription rates at its flagship Internet unit.
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Delta Air Lines said Wednesday that it would cut 6,000 to 7,000 jobs over the next 18 months as part of a sweeping restructuring plan that the airline said would save $5 billion a year in costs by 2006.
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Corus will cut 78 jobs at its Trostre plant in Llanelli over the coming year, workers are told.
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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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British energy giant BP said Wednesday that it will cut more than 350 jobs at its North Sea operations in the face of lower output and soaring costs.
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In an effort to avoid bankruptcy Delta Air Lines Inc. announced that it is eliminating  7,000 jobs, closing its Texas hub and seeking wage concessions from its pilots.
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Whirlpool Corp.  said on Tuesday it will cut at least 1,200 jobs at U.S. plants in Indiana and Arkansas and expand production at a Mexico refrigerator plant.