Electrolux AB, Europe's largest maker of kitchen appliances, abandoned its full-year profit target and said it will cut more than 3,000 jobs after demand plunged in Europe and North America.
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Electrolux to cut 3,000 jobs
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Kraft to cut about 400 jobs in North America
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Panasonic cuts 15,000 jobs
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Royal Philips Electronics to cut 6,000 jobs
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Xerox to cut 3000 jobs
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Carlsberg cuts outlook
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Alcoa cuts production
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Panasonic to cut 15,000 jobs;
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Electrolux launches world's most expensive kitchen
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Tellabs profit falls, plans to cut 225 jobs
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German manufacturing orders fall
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North Chicago-based Abbott labs eliminating 3,000 jobs
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Andersen windows cuts 250 positions
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Sony to slash 10,000 jobs
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German industrial orders drop
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Germany's industrial output falls
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Continental to cut jobs