Delphi to Cut 5 Percent of Work Force
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Auto parts supplier Delphi Corp. said on Friday it plans to cut up to 5 percent of its work force in 2005 because of increasing pressure from North American vehicle production cuts and rising materials costs.
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Nortel Networks Corp. NT.TO on  Thursday said it would eliminate about 10 percent of its work  force, slightly less than previously estimated, and consolidate  real estate in a cost-cutting plan that will save $500 million  in 2005.
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Colgate-Palmolive Co. CL.N said on  Tuesday it would cut about 12 percent of its 37,000-person work  force as part of a four-year restructuring plan for which it  anticipates after-tax charges of $550 million to $650 million.
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The Houston Chronicle said on Tuesday  it will lay off about 5 percent of its work force, the latest  round of job cuts in a U.S. newspaper industry hit by declining  advertising sales.
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Eli Lilly and Co. (LLY.N: Quote, Profile, Research) said Thursday it plans to cut 575 jobs, or a little more than 2 percent of its US workforce, in a move to streamline its operations.
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) said on Tuesday it would cut about 12 percent of its 37,000-person work force as part of a four-year restructuring plan for which
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Wyeth said Friday that it might cut as many as 5,000 jobs, after federal regulators delayed four medicines in the last year.
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Bank of America Corp., which operates 25 branches in San Antonio, plans to cut about 2.5 percent, or 4,500 jobs, from its work force.
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Delphi Corp. said Friday it plans to cut 8,500 jobs -- or 4.6 percent of its total work force -- worldwide next year as part of an ongoing restructuring.
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Alitalia, Italy&#39;s largest airline, told its union Monday it plans to cut 5,000 jobs, or more than a quarter of its regular workforce, according to published reports.
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Oracle Corp ORCL.O, the  business software maker that recently acquired rival  PeopleSoft, said on Friday it plans to cut the combined work  force of the two companies by about 5,000 people, leaving a  total of 50,000 employees.
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The Houston Chronicle said on Tuesday it will lay off about 5 percent of its work force, the latest round of job cuts in a U.S. newspaper industry hit by declining advertising sales.
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Troubled company will trim 5% of work force due to stiff competition, soft business software market. NEW YORK  - Computer Associates said Wednesday it would cut its work force by 800 jobs, or 5 percent
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Ford Motor Co. F.N on Friday said it   would cut its annual costs by about $5 billion by the end of   2008 and reduce its salaried staff by about a third as part of   an accelerated restructuring.
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Delphi Corp.  said on  Friday it had reached a tentative deal with the United Auto  Workers and former parent General Motors Corp.  intended  to allow the auto parts maker to cut wages and emerge from  bankruptcy.
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Oracle Corp. ORCL.O, the  business software maker that recently acquired rival  PeopleSoft, said on Friday it plans to cut the combined work  force of the two companies by about 5,000 people, leaving a  total of 50,000 employees.
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Colgate-Palmolive Co.  said on Tuesday it would cut about 12 percent of its 37,000-person work force as part of a four-year restructuring plan for which it anticipates after-tax charges of &#36;550 million to &#36;650 million.