MONROE, Mich.— La-Z-Boy Inc. is closing two facilities and eliminating 100 jobs in North Carolina as part of a larger restructuring of its business. It will move warehouse and repair functions from those sites to another North Carolina plant, in Hudson.» Read More
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.
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.
*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.
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.
NEW YORK, Dec 12- Boeing Co said on Thursday it planned to eliminate up to 1,200 jobs in Washington state and move them to other U.S. locations as it reorganizes research and development functions. The move will reduce Boeing's reliance on unionized engineers in the Seattle area, and follows other steps Boeing has made to move jobs outside the state this year.
*To cost Indonesia $1.6 bln in lost revenue, or 0.6 pct of GDP growth next year. JAKARTA, Dec 12- Freeport McMoRan Copper& Gold warned that Indonesia's plan to ban mineral exports from next month would cut the firm's revenues in the country by 65 percent, costing Southeast Asia's biggest economy $1.6 billion in lost revenue next year.
*2,000 jobs to go in Germany; 1,260 in France. PARIS/ BERLIN, Dec 10- Airbus parent EADS came under fire on Tuesday from shareholders France and Germany over plans to cut 5,800 jobs, but its chief executive said that ignoring weak defence and space markets would have put even more jobs at risk.
*Britain, France, German, Spain affected. PARIS, Dec 9- Airbus parent EADS risked a collision with unions and European politicians by unveiling plans to cut 5,800 mainly defence and space jobs that for a first time include significant forced redundancies, driven by weak European budgets.
*Britain, France, German, Spain affected- union. PARIS, Dec 9- Airbus parent EADS plans to cut 5,800 European jobs in a three-year restructuring of its defence and space activities, the European aerospace group said on Monday.