Windstream to cut 350 jobs, or 5 percent of work force, in move to balance out sales declineSeptember 30th, 2009 Windstream to cut 350 jobsLITTLE ROCK, Ark. — Windstream Corp.
Health insurer WellPoint says it may cut more jobs in bid to trim expensesSeptember 22nd, 2009 Health insurer WellPoint may cut more jobsINDIANAPOLIS — Health insurer WellPoint says it is considering another round of job cuts as it looks for ways to become more efficient. The Indianapolis-based insurer says it reviews the size of its work force and makes adjustments according to the economy.
United Tech's Pratt & Whitney unit to eliminate 1,000 aerospace jobs in Connecticut by 2011September 21st, 2009 Pratt & Whitney to ax 1,000 Conn. jobsEAST HARTFORD, Conn.
Report: Struggling Japan Airlines mulls cutting 5,000 jobsAugust 24th, 2009 Report: Japan Airlines mulls cutting 5,000 jobsTOKYO — Struggling Japan Airlines Corp., which is in the midst of major restructuring, is considering slashing 5,000 jobs in three years, a news report said Monday. The planned job cuts would be equal to about 10 percent of the company's work force, Kyodo News agency said, citing unnamed industry sources.
Publisher of Journal Sentinel to cut 92 jobs, or 6 percent of work forceAugust 4th, 2009 Publisher of Journal Sentinel to cut 6 pct of jobsMILWAUKEE — The publisher of the Milwaukee Journal Sentinel is cutting 92 jobs as the current advertising slump continues to ravage the newspaper business. The cuts represent 6.2 percent of the work force at Journal Sentinel Inc.
McGraw-Hill cuts 550 jobs, or 2.5 pct of its work force, as downturn cuts into revenuesJuly 16th, 2009 McGraw-Hill cuts 550 jobs, 2.5 pct of work forceNEW YORK — McGraw-Hill Cos., hit by declines in its education, financial services and media properties, said Thursday it has cut 550 jobs, or roughly 2.5 percent of its work force. The New York company, which publishes textbooks and owns BusinessWeek magazine and the credit-ratings agency Standard & Poor's, said it will take a $24.3 million pretax charge for severance costs in the second quarter.
German manufacturing work force down 2.3 percent over past yearJuly 15th, 2009 German manufacturing work force shrinksBERLIN — The German manufacturing sector's work force decreased by 2.3 percent in the year to May, its sharpest decline in five years, government data showed Wednesday. Germany's export-dependent economy sank into recession last year as the global downturn dried up demand for its manufactured goods.
Retail job cuts moderate, with 21,000 in June, but conditions may worsen for the industryJuly 2nd, 2009 Retailers cut 21,000 jobs in JuneNEW YORK — Retail job cuts moderated in June, when U.S. merchants trimmed 21,000 as they kept shuttering stores, but weakness in the overall job market looms over retailers, who need consumers to spend more freely.
Pratt & Whitney cuts 200 jobs as part of restructuring announced in MarchJune 24th, 2009 Pratt & Whitney cuts 200 jobsEAST HARTFORD, Conn. — Jet engine manufacturer Pratt & Whitney said Wednesday it is cutting 200 salaried jobs as it struggles with the deteriorating airline market.
Citing dropping endowment, Harvard to cut 275 jobs, or about 2 percent of work forceJune 23rd, 2009 Harvard to cut 275 jobs, cites dropping endowmentCAMBRIDGE, Mass. — Harvard University is cutting 275 staff jobs as fallout continues from the school's dropping endowment.
Cadence to eliminate 225 jobs, or 5 percent of work force, to save $30 million a yearJune 11th, 2009 Cadence to cut 225 jobs, or 5 pct of work forceSAN JOSE, Calif. — Cadence Design Systems Inc.
Canadian flight training firm CAE to cut 10 percent of work force, 700 jobsMay 14th, 2009 Canadian flight training firm cuts 10 percentMONTREAL — The Canadian flight training company CAE Inc. is slashing 700 jobs, or 10 percent of its work force, in anticipation of a drop-off in orders from the civil aviation sector.
Citing economic downturn, Sovereign Bank laying off 950 a few months after cutting 1,000 jobsMay 1st, 2009 Sovereign Bank laying off 950 workersPHILADELPHIA — Sovereign Bank officials say they will cut 950 jobs, or almost 9 percent of its work force, as part of cost-saving measures in response to the economic downturn. The cuts come just a few months after Philadelphia-based Sovereign Bank, the banking unit of Sovereign Bancorp Inc., laid off 1,000 workers in December.
Sycamore to cut 30 percent of work force, blames poor economy, reduced telecom spendingApril 30th, 2009 Sycamore Networks to cut 30 percent of work forceCHELMSFORD, Mass. — Sycamore Networks Inc.
Clear Channel cutting 590 jobs in radio division in second mass layoff this yearApril 29th, 2009 Clear Channel cutting 590 radio jobsSAN ANTONIO — Clear Channel Communications Inc., the largest owner of U.S. radio stations, said Tuesday it is cutting 590 jobs, including some on-air personalities, in its second round of mass layoffs this year amid pressure from the recession and evaporating advertising budgets.
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