American of Martinsville is merging with Barcalounger Home, creating 94 jobs at its Martinsville, Virginia manufacturing plant. American of Martinsville will make a $1.4 million…
New York City-based Condé Nast Publications has shut down Portfolio Magazine, laying off approximately 80 staffers. Some staffers may be offered other posts within the…
Amcore Financial will reduce its workforce by 9%, and cut executive pay. The company will eliminate 116 positions, including that of chief operating officer. The…
American Axle & Manufacturing will lay off several hundred workers at a factory in Hamtramck, Detroit, according to UAW Local 235. American Axle plans to…
Sotheby's, the world's largest publicly traded auction house, has announced further job cuts. The firm will cut an additional 5% of its global workforce in…
Church Falls, Virginia's Toshiba America Nuclear Energy will open a project-management and engineering center in Charlotte, North Carolina, creating 194 jobs over five years. The…
Level 3 Communications will cut about 150 jobs, or 2.8% of its work force. Founded in 1985, Level 3 Communications is a communications and information…