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  • Twitter plans layoffs next week - Re/code Friday, 9 Oct 2015 | 5:28 PM ET

    Oct 9- Twitter Inc is planning company-wide layoffs next week, technology news website Re/code reported on Friday, citing sources. The news comes after Jack Dorsey was appointed permanent chief executive on Monday. It is unclear how many of Twitter's staff will be laid off, but it is likely it will affect most departments, Re/code said, citing company insiders.

  • Oct 8- A U.S. bankruptcy court approved Patriot Coal's restructuring plan at a hearing on Thursday, including the sale of a major part of its mines and coal reserves to privately held Blackhawk Mining of Lexington, Kentucky. Patriot Coal, based in Scott Depot, West Virginia, filed for bankruptcy in May, its second in three years, listing assets and liabilities of more...

  • MEDIA-ASTON MARTIN SET TO CUT JOBS IN BID TO STAY' RIGHT.

  • Oct 7- Monsanto Co, one of the world's largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market that it expects to squeeze results well into 2016.. Monsanto, which also reported a much wider quarterly loss, said that along with the layoffs, its global...

  • Oct 6- Bankrupt miner Patriot Coal Corp, which is in the midst of auctioning off its assets, has issued a new WARN notice to its employees. Patriot Coal expects to lay off more than 2,000 workers in West Virginia, the Associated Press reported Tuesday. The new WARN notice from Patriot Coal extended the period from the original WARN notice issued on Aug. 3, 2015, because...

  • *American Apparel bets on financial, fashion turnaround. CHICAGO, Oct 6- American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. American Apparel Inc, the country's largest "Made...

  • SUNE workers facing layoffs Tuesday, 6 Oct 2015 | 10:00 AM ET
    SUNE workers facing layoffs

    U.S. solar company SunEdison said it would cut about 15% of its global workforce as part of a restructuring plan to integrate the businesses it bought recently.

  • UPDATE 1-SunEdison to cut 15 pct of its workforce Monday, 5 Oct 2015 | 6:28 PM ET

    Oct 5- U.S. solar company SunEdison Inc said it would cut about 15 percent of its global workforce as part of a restructuring plan to integrate the businesses it bought recently. SunEdison's stock has been under pressure since mid-July as investors questioned the solar company's liquidity after its purchase of Vivint Solar Inc.. TerraForm Power Inc, a unit of...

  • Air France workers storm managerial meeting Monday, 5 Oct 2015 | 10:00 AM ET
    Air France workers storm managerial meeting

    Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene.

  • ROISSY, France, Oct 5- Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene. Broseta and Air France Chief Executive Frederic Gagey had been outlining a drastic cost cutting plan, described by the company as "Plan B" after it failed to persuade its...

  • Air France managers flee as staff storm meeting Monday, 5 Oct 2015 | 8:25 AM ET
    Air France planes are parked on the tarmac of Roissy Charles-de-Gaulle airport.

    Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room.

  • ROISSY, France, Oct 5- Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene. Violent protests by workers are commonplace in France, where the population has a long tradition of taking the law into its own hands. Air France CEO Gagey had already left...

  • Fall's scary trend: The job cuts keep on coming Friday, 2 Oct 2015 | 11:07 AM ET
    Pedestrians walk by a sign outside of the Hewlett-Packard headquarters in Palo Alto, California.

    This fall has been many things for markets, among them a series of layoffs at several big-name public and private U.S. companies.

  • Oct 2- Wal-Mart Stores Inc is cutting 450 jobs at its headquarters in Arkansas as part of a reorganization of the retailer's management structure, according to an internal memo circulated to staff on Friday. The cuts are aimed at making the world's largest retailer by revenue a "more nimble organization" and is part of a review that will lead to "pulling back in some...

  • Sprint to slash jobs, costs by $2.5B: Report Friday, 2 Oct 2015 | 9:17 AM ET
    Pedestrians walk past a Sprint store in Washington, D.C.

    Sprint plans to cut an unspecified amount of jobs and $2 billion to $2.5 billion in costs in the next six months, The Wall Street Journal reported.

  • Toys 'R' Us training foreign workers Friday, 2 Oct 2015 | 8:00 AM ET
    Toys 'R' Us training foreign workers

    Toys 'R' Us is bringing temporary foreign workers to the U.S. and training them to move jobs overseas.

  • Major cost cuts on the way for Sprint Friday, 2 Oct 2015 | 8:00 AM ET
    Major cost cuts on the way for Sprint

    Sprint plans to cut an unspecified amount of jobs and about $2 billion to $2.5 billion in costs in the next six months.

  • Oct 1- Sprint Corp plans to cut an unspecified amount of jobs and about $2- $2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. "We have begun an effort to significantly take costs out of the business so the transformation of the company will be sustainable for the long-term," Sprint spokesman Dave Tovar told Reuters...

  • Chipmaker AMD to cut 5 pct of global workforce Thursday, 1 Oct 2015 | 4:19 PM ET

    Oct 1- Chipmaker Advanced Micro Devices Inc said it would cut 5 percent of its global workforce as part of a restructuring plan.

  • Big layoffs may signal end of expansion: Challenger Thursday, 1 Oct 2015 | 10:30 AM ET
    Pink slip job cut

    Big layoff announcements like those seen in September historically signal the end of an expansion, John Challenger said.