The second-largest U.S. chipmaker, Texas Instruments Inc.’s, fourth quarter net income dropped to $107 million, which equates to 8 cents a share, the company said…
Avery Dennison, the world’s largest label maker, will eliminate 10% of its workforce, or about 3,600 jobs, after reporting its first sales decline in 12…
IBM has cut over 2,800 jobs in its software and sales departments, according to an organization seeking recognition as a union at the technology giant.…
Several big corporations announced more than 70,000 layoffs today.Caterpillar - 20,000 Corporations in the US had the biggest cuts, heavily due to Caterpillar Inc., a…
Major Steel company, Corus, cut 2,500 staff members from its UK offices. Demand for steel has plummeted in recent months, along with just about everything…