SPRINGFIELD, Ill.-- Office Max plans to begin moving 1,600 jobs out of Illinois next month, with some positions permanently eliminated _ a move that comes months after Illinois lawmakers declined to give the company the millions in tax breaks it requested from the state.» Read More
We are going to see health care as a growth industry well into the future, says Joe Jimenez, Novartis CEO, sharing his thoughts on elevating the economic potential of a healthier population.
SAN FRANCISCO, Jan 21- Texas Instruments Inc plans to cut 1,100 jobs in the United States, Japan and India, or about 3 percent of its global workforce, in a corporate restructuring to save $130 million by the end of 2014..
Texas Instruments plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.
SAN FRANCISCO, Jan 21- Texas Instruments Inc plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014..
TORONTO, Jan 21- Canada's Bombardier Inc said on Tuesday it will cut 1,700 aerospace jobs, or more than 4 percent of the unit's staff, as it pushes to preserve cash after costly setbacks in the development of two new jets.
TORONTO, Jan 21- Bombardier Inc, the Canadian plane and train maker, said on Tuesday it plans to lay off 1,700 employees from its aerospace division, primarily in the Montreal area.
SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
*Intel struggles to break through in mobile. SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.
SAO PAULO, Jan 17- Brazil's state-run oil company Petróleo Brasileiro SA, known as Petrobras, has launched a voluntary layoff plan that could involve about 10 percent of its employees, the workers' union said on Friday.
TORONTO, Jan 15- Sears Canada Inc plans to cut more than 1,600 jobs this year as it reorganizes and outsources some of its business, the struggling department store operator said on Wednesday.
*Freeport will minimise operational costs with layoffs- union.
DAMPALA, Indonesia, Jan 12- Hundreds of small Indonesian mines, like nickel miner Mobi Jaya Persada, are preparing for the worst after the government imposed a controversial mineral export ban on Sunday that could force them to close down.
Indonesia is set to ban mineral ore exports from Sunday, in a move that threatens to spark mass layoffs, mine closures and lower foreign revenue in Southeast Asia's largest economy. Indonesia is the world's biggest exporter of nickel ore, refined tin, thermal coal and home to the fifth largest copper mine and top gold mine.
Jan 9- Workers at trucking company YRC Worldwide Inc represented by the Teamsters union rejected a contract extension that the company proposed, putting a plan to restructure its debt in jeopardy.
CNBC's Steve Liesman and John Challenger, Challenger, Gray & Christmas CEO, break down the latest numbers on jobs and provides perspective on layoffs in the workforce. All the numbers are pointing positive, says Challenger.
HAVANA, Jan 8- Thousands of Cuban state taxi drivers will soon be leasing their vehicles and working on their own as part of a reorganization of the country's taxi service aimed at improving efficiency, according to rules published on Wednesday. Cuba nationalized all retail business in 1968, down to the shoe-shine shops, and fixed all prices.
JAKARTA, Jan 8- Up to 200,000 workers at bauxite mines in Indonesia may be laid off under proposed new rules on mineral processing due to come into effect on Sunday, an official from the Indonesian Chamber of Commerce told reporters on Wednesday.
PARIS, Jan 7- French trade unionists released two executives on Tuesday after holding them for more than 24 hours at the country's Goodyear tyre plant to demand higher pay-outs for more than a thousand planned layoffs. Goodyear did not immediately respond to a request for comment.
PARIS, Jan 7- French trade unionists held two executives overnight on Tuesday at the country's Goodyear tyre plant- a flashpoint for France's troubled industrial relations- to demand higher pay-outs for more than a thousand planned layoffs.
Dec 31- Revlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to save about $11 million a year. Revlon, owner of the Almay cosmetics brand and Sinful Colors nail polish, said in a filing that its Chinese operations accounted for about 2 percent of total net sales.