U.S. employers announced fewer layoffs in March than during the previous month, but job cuts in the first quarter, the Challenger jobs report says.
The planemaker will reduce its workforce in its commercial airplanes business.
PetroChina is “substantially overstaffed,” said Bernstein’s senior oil and gas analyst, Neil Beveridge.
The Swiss banking giant ups its cost cutting efforts amid challenging market conditions.
Credit Suisse Group is stepping up cost cuts including eliminating 2,000 jobs at its Global Markets business.
McKesson is cutting 1,600 jobs, or about 4 percent of its workforce, to slash costs after the company lost some key customers, Bloomberg reported.
Avon Products said it would cut about 2,500 jobs worldwide and shift its corporate headquarters to the UK as part of its three-year turnaround plan.
The restructuring program, now expected to end in December 2017, will result in the reduction of 3,300 to 3,800 positions globally.
Chevron executives could announce several strategic moves today at its analyst day, including plans to reduce employees, reports CNBC's Landon Dowdy.
Layoffs by U.S. companies eased in February from January, but were higher than last year, Challenger, Gray & Christmas reports.
The country aims to tackle industrial overcapacity and curb pollution.
The country works to reduce industrial overcapacity and curb pollution.
Zenefits said today that it has laid off 250 employees, mostly in its sales recruiting organization. Re/code reports.
The oilfield services company is reducing its workforce further amid the rout in oil prices.
Bombardier said it would slash about 7,000 jobs over the next two years and ramp up hiring to support production of its struggling CSeries program.
The Silicon Valley Internet giant is slashing up to 1,500 jobs or 15 percent of its staff.
Layoffs surged in January to the highest levels since last summer as employers in the retail and energy sectors pulled out the pink slips.
John Challenger, Challenger CEO, provides insight to new data on jobs.
The auto company plans to shed hundreds of jobs in Europe to cut costs by $200 million annually.
I've walked away from my buy rating on the stock, says Victor Anthony, Axion Capital Management, weighing in on the challenges ahead for Yahoo and whether CEO Marissa Mayer has run out of time to turnaround the company.