Layoffs
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*Coal producers face too much supply through 2020. Prices have slumped around 30 percent since their peak two years ago as coal flooded global markets, especially from the United States where cheap gas has cut domestic demand and led to a nearly 50 percent jump in thermal coal exports last year.
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EAST AURORA, N.Y.-- Toy maker Fisher-Price said Wednesday it's moving or eliminating roughly 100 jobs from its operations New York as part of restructuring by parent company Mattel Inc..
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WASHINGTON, May 14- The Pentagon's plans to put most of its 800,000 civilian employees on unpaid leave for 11 days could lead to delays on Lockheed Martin Corp's F-35 Joint Strike Fighter and other weapons programs, a top company official said on Tuesday.
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May 13- Michigan's biggest city is "clearly insolvent" and needs to restructure its debt and renegotiate its labor contracts to address its problems, Detroit's emergency financial manager said on Monday.
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BISMARCK, N.D.-- Bobcat Co. is investing $20 million in an expansion and renovations in Bismarck, about 3 1/ 2 years after closing its manufacturing plant and laying off nearly 500 workers.
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*World's biggest platinum producer bows to gov't, union pressure. RUSTENBURG, South Africa, May 10- Anglo American Platinum said on Friday it would cut 6,000 South African mining jobs, fewer than half the 14,000 initially proposed, as it tries to restore profits without provoking a backlash from the government and restive unions.
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RUSTENBURG, South Africa, May 10- Anglo American Platinum said on Friday it would cut 6,000 South African mining jobs, fewer than half the 14,000 initially proposed, as it strives to restore profits without triggering a backlash from the government and restive unions.
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JOHANNESBURG, May 9- Anglo American's platinum arm, under pressure from South Africa's government, could announce a restructuring plan as early as Thursday that will sharply scale back job losses as it tries to balance out cost cuts and the threat of labour unrest.
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*Amplats overhaul vital to fortunes of Anglo American. JOHANNESBURG, May 9- Anglo American's platinum arm, under pressure from South Africa's government, is set to reveal a revised restructuring plan on Friday to sharply scale back planned job losses as it weighs the threat of labour unrest against cost savings.
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JOHANNESBURG, May 9- Anglo American's platinum arm, under pressure from South Africa's government, could announce a restructuring plan as early as Thursday that will sharply scale back job losses as it tries to balance out cost cuts and the threat of labour unrest.
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CHICAGO, May 7- When Rod Thorpe and his wife, both seniors, faced moving from their 4,600- square-foot house into a small apartment a year ago, they turned to a professional downsizer. The consultant, Christine Smart, encountered some twenty years worth of stuff stacked up in the Thorpes' Cedar Rapids, Iowa home.
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MOSCOW, May 7- Societe Generale's Russian unit Rosbank will cut costs and prioritise improving margins while lending at least 13 percent more in 2013 as it emerges from years of costly restructuring as a viable player in the state-dominated market.
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*On May 2, 2013, co reduced size of its workforce by 20 employees- SEC filing. *On May 2, 2013, co's board of directors approved a reorganization plan to. savings of about $3 million in cash operating expenses beginning Q3 2013.
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SAN FRANCISCO, May 6- In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs.
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SAN FRANCISCO, May 6- In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs.
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FRANKFURT, May 4- Canadian auto parts maker Magna International plans to cut jobs in Europe and the United States as it seeks to reduce costs and offset weak demand in Europe, Chief Executive Donald Walker told German magazine WirtschaftsWoche.
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By Sherilee Lakmidas and Clara Ferreira-Marques. JOHANNESBURG/ LONDON, May 2- Anglo American's.
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NEW YORK, May 2- The number of planned layoffs at U.S. firms fell to their lowest level of the year in April, suggesting slowing economic growth has not translated into significant job losses, a report showed on Thursday.
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NEW YORK, May 2- The number of planned layoffs at U.S. firms fell to their lowest level of the year in April, suggesting slowing economic growth has not translated into significant job losses, a report showed on Thursday.
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SYDNEY, May 1- Australian building materials maker Boral Ltd is set to cut 100 more jobs on top of the job cuts already announced in January, to meet its cost-savings target in a subdued housing construction market.