Interface reported deeper losses for 2008, and will cut another 290 employees. The Atlanta-based modular carpet company saw a net loss of $41 million, compared…
McLane, a national chain store supply company, will spend $60 million to build a warehouse and distribution facility in Republic, Missouri. The new distribution facility…
Nortel Networks, which filed for bankruptcy protection last month, will eliminate 3,200 jobs, forgo employee bonuses for 2008, and end stock-based compensation. Nortel cut thousands…
The newspaper and magazine industries have been suffering damage from both a decline in print advertising and the economic downturn. The latest sign of this…
Neiman Marcus will cut an additional 450 jobs this week, and salaried employees are taking a pay cut. The layoffs are company-wide "across all divisions…