Kent, Washington-based outdoor gear and apparel retailer REI is eliminating 61 full-time jobs, mostly at its headquarters and Sumner distribution center. REI is cutting an…
Pratt & Whitney Canada will cut 1,000 jobs, or about 10% of the small-engine maker’s worldwide workforce, as business-jet production slows. About 5,500 of Pratt…
Speculation that the company is very close to filing for bankruptcy caused shares of Sirius XM Satellite Radio fell 50% Wednesday afternoon. The shares fell…
Jeff Carney, senior managing director of Putnam Investments, announced on Thursday that the asset manager will undergo layoffs that will cut 260 jobs out of…
A report released on Wednesday by the Federal Reserve Bank in Minneapolis anticipates a continuation of job losses in the Upper Midwest throughout 2009. However,…
Muzak Holdings LLC has agreed to a debt restructuring with its major creditors and has submitted a plan for reorganization with the United States Bankruptcy…