Communications networking firm Ciena has laid off 200 workers, or 9% of its work force. The Linthicum, Maryland-based company cut jobs across the board, and…
Northrop Grumman, the Pentagon's number three supplier, is cutting up to 750 jobs, mainly administrative positions in Southern California, even as it plans to hire…
Struggling bookstore chain Borders is cutting 742 retail positions in its more than 900 stores, or about 3% of its workforce. The company eliminated 679…
Canadian forestry firm Domtar will shutter its pulp mill in Baileyville, Maine for an indefinite period, affecting 300 employees. This is the latest in a…
San Jose, California's Adobe Systems, the world’s largest maker of graphic design programs, has cut 600 jobs to cope with slumping demand. CEO Shantanu Narayen,…
General Dynamics will cut 1,200 jobs and post a lower profit, sending shares to a six-year low. General Dynamics said demand for its Gulfstream business…
The Davis, California Joint Unified School District has voted to eliminate 54 positions. The decision was made at a school board meeting held at Harper…