Layoffs
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*Endeavour Silver to defer 20 pct of capital investments in 2013. *Endeavour Silver shares rise 4 pct; Osisko up 8 pct. Endeavour Silver Corp, Osisko Mining Corp and Orosur Mining Inc said they plan to reduce their workforce to cope with lower prices and margins this year.
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A majority of unions had agreed last month to back the plan, including 8,000 French job cuts and the closure of Peugeot's Aulnay plant near Paris. Peugeot has been running losses of as much as 200 million euros a month and only plans to return to profit in 2015..
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BERLIN, April 25- General Motors' Opel division is against giving workers another vote on a restructuring deal at the automaker's embattled plant in Bochum, Germany.
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April 25- Harley-Davidson Inc reported profits on Thursday that were in line with expectations and kept its full-year shipment forecast unchanged as its five-year-long restructuring effort continued to boost its financial performance.
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April 22- When Barbara and Mark Gomperts became empty nesters a few years ago, they found themselves using just a fraction of the 3,000- square-foot, five-bedroom house where they had raised their children in Vienna, Virginia.
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April 18- American Airlines parent AMR Corp, which plans to merge with US Airways Group Inc to form the world's biggest carrier, reported higher-than-expected adjusted quarterly earnings on Thursday, aided by cost-cutting from its bankruptcy restructuring.
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LONDON, April 18- British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalising its flagging fortunes, the company confirmed on Thursday.
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April 18- British insurer Aviva PLC will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalising its flagging fortunes, a source close to the company told Reuters on Thursday.
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ROME, April 16- Thousands of idled Italian workers staged a sit-in in front of parliament on Tuesday and trade unions threatened strikes unless the government steps in to back a temporary jobless scheme which is running out of funds.
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April 11- Drugmaker Eli Lilly and Co plans to lay off about 1,000 domestic sales representatives, or 30 percent of its U.S. sales force, as it faces new generic competition for its top drugs, a person familiar with the matter said on Friday. Lilly has 38,000 employees worldwide and about 17,000 in the United States.
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April 10- Walt Disney Co on Wednesday confirmed the company is laying off employees in its movie studio division, a cost-cutting step after a review of the unit's operations. In a brief statement, Disney said it "made the difficult decision to reduce our staffing levels" in several studio divisions.
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April 8- Avon Products Inc said on Monday it will slash more than 400 jobs as part of a turnaround plan aimed at restoring the cosmetics maker to profitability. In February, Avon reported surprisingly strong fourth-quarter earnings after reversing sales declines in top markets like Brazil and Russia.
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*Raised $1.2 bln from investors, but cash has dwindled to $30 mln. DETROIT, April 5- Fisker Automotive, the struggling, government-backed hybrid sports car maker, said on Friday that it terminated most of its rank-and-file employees, in what sources said was a last-ditch effort to conserve cash and stave off a potential bankruptcy filing.
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CHICAGO, April 5- Caterpillar Inc said on Friday it was laying off 460 workers at a U.S. plant that makes mining equipment. Caterpillar, which had already implemented temporary layoffs and line shutdowns as well as a shortened work week in Decatur, said the permanent layoffs were needed to "bring production in line with demand."
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LOS ANGELES, April 4- Walt Disney Co expects to begin layoffs at its studio and consumer product divisions within the next two weeks, according to two people with knowledge of the matter, in the latest cost-reduction step to emerge from a company-wide review.
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NEW YORK, April 4- The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year, a report showed on Thursday.
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John Challenger, CEO of Challenger, Gray & Christmas, breaks down the latest results on job cuts last month.
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NEW YORK, April 4- The number of planned layoffs at U.S. firms fell in March but downsizing by retail companies still helped the first quarter rack up the largest amount of cuts in over a year, a report showed on Thursday.
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DETROIT/ NEW YORK, March 28- Fisker Automotive, the green-car company that has not built a car since July, hired restructuring lawyers from Kirkland& Ellis to prepare for a possible bankruptcy filing, The Wall Street Journal reported on Thursday, citing people familiar with the matter. On April 22, Fisker must make a payment on a U.S. Department of Energy loan.
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WASHINGTON, March 26- President Barack Obama's top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year.
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