Synta Pharmaceuticals cut 90 jobs, nearly 40% of its workforce, citing the recent suspension of its cancer drug trial. Late-stage trial of the drug, elesclomol,…
Roche's purchase of San Francisco's Genentech will cost 1,500 jobs in New Jersey, as sales and marketing positions are cut. Roche will change its name…
Fleetwood Enterprises has laid off 170 more workers from its Decatur, Indiana recreational vehicle plant. The California-based company filed for Chapter 11 bankruptcy this week,…
Hershey's is shuttering its Redlands, California distribution center and sending the jobs to Utah. About 90 jobs will be lost. Hershey's, the nation's second-largest candymaker,…
Philadelphia-based Sunoco is reducing its salaried work force and contractors. The refinery company will cut its work force by 20%, or 750 jobs, this year.…
EPIX Pharmaceuticals of Lexington, Massachusetts has reported a Q4 loss and is reducing its workforce by 50%. The workforce reduction resulted in 44 jobs lost,…
Greenwich, Connecticut-based railroad operator Genesee & Wyoming will furlough 50 more employees in the next 30 days, in addition to 95 furloughed so far. Genesee…
Advanced Energy Industries, a producer of electricity converters, will slash its work force by 22% and cut salaries of management and executive officers. The company…