Dec 9- NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would cut more than 1,400 jobs in its market operations and over 25 percent of the workforce at its Virginia headquarters. NII, which operates in Mexico, Brazil, Argentina and Chile, had about 16,100 employees as of December 2012.» Read More
Nokia plans to cut 10,000 jobs and warns of Q2 losses from its cellphone business. So, what's ahead for the company? Michael Genovese, MKM Partners managing director, explains why he has a "sell" on the stock and a price target of $2 a share.
President Obama delivers a statement on the outlook of the U.S. economy; the problems in Europe, saying "it is in everybody's interest for Greece to remain in the euro zone;" and instructs Congress to act on his jobs plan, housing legislation, and tax breaks for small business. The President answers questions from members of the press on Europe's banking problems, and layoffs in state & government jobs and the construction industry.
CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
Robert Albertson, Sandler O'Neill & Partners chief strategist, discusses the impact of Europe's debt problem on the overall U.S. economy and the future of record low interest rates.
Job cuts jumped by 53 percent in May from April, with Hewlett-Packard's layoffs propelling the computer industry to the top spot among the biggest job cutters this year, a report by consultancy firm Challenger, Gray & Christmas showed.
The nation's employers are planning another round of layoffs, dominated by the computer and food industries. John Challenger, Challenger, Gray & Christmas CEO, breaks down the numbers and takes a look at who is hiring.
Meg Whitman, Hewlett-Packard president & CEO, discusses her company's restructuring plans which include massive layoffs; its Q2 earnings and guidance; and her plans to turnaround the company amid growing competition.
Jayson Noland, Robert W. Baird senior analyst, discusses Hewlett-Packard's restructuring plans, which includes cutting 27,000 employees and weighs in on the keys to improved earnings and growth.
"Hewlett-Packard is on the wrong side of Apple," says Ben Reitzes, Barclays Capital analyst, discussing the company's plans to cut 8% of its workforce, improve its earning quality and keep competitive with Apple.
Mark Stahlman, TMT Strategies, provides a preview of Hewlett-Packard's Q2 earnings and weighs in on reports the tech giant may be laying off as many as 30,000 employees.
Yahoo's all-hands meeting today is more than a garden-variety pep talk. It's a chance for new CEO Scott Thompson to set the agenda at a pivotal moment for the struggling company.
CNBC's Jon Fortt has details on another round of layoffs in the tech sector and whether job cuts at Yahoo and Sony are signs of deeper problems at both companies; with Porter Bibb, MediaTech Capital Partners.
Peter Kafka, All Things Digital senior editor, discussing Yahoo's restructuring that may involve layoffs, and Apple's app store reached 25 billion downloads.
The number of job cuts announced by employers jumped 28 percent in January, led by retailers and financial firms, according to the latest report by global outplacement firm Challenger, Gray & Christmas.
CNBC's Bertha Coombs and Jon Fortt, report Facebook has filed papers with the SEC for a Q2 IPO. Also, Defense Secretary, Leon Panetta announced today, the U.S. will shift it's strategy in Afghanistan; at lease 70 people were killed at a soccer match turned violent in Egypt; and American Airlines is looking to cut 13,000 jobs.
Headhunters say the recent lay-offs in Asia’s banking industry are just the beginning and expect there will be far worse to come, predicting the total size of the sector in the region could shrink by more than 20 percent. The FT reports.
The new year may bring layoffs to thousands of workers at Pepsi, with Jonathan Feeney, Janney Capital Markets.
CNBC's Jackie DeAngelis reports China is moving full speed ahead with its high-speed rail program; Sears plans to close more than 100 of its stores; and Morgan Stanley plans to cut 580 jobs at four New York City offices.
CNBC's Simon Hobbs reports McDonald's was the Dow's only gainer during Thursday's session; GM begins layoffs to help consolidate global operations; and Boeing machinist's union ratifies a new four year contract.
David Vieau, A123 Systems president & CEO, discusses the tough year for his company, and how he plans to rebuild after laying off 125 workers from a Michigan plant.