LG Electronics is a global manufacturer of electronics such as flat screen televisions, refrigerators and mobile phones. After a net loss of 671.3 billion yen…
Japanese automaker Nissan announced today that it will eliminate 20,000 jobs, which amounts to 8.5 percent of it's global work force. The cuts come on…
Chicago's Aon, the world’s largest insurance broker, said Q4 operating profit fell 35% on costs tied to job cuts, office closures and the acquisition of…
Administrators of California's Santa Clara County next will propose the almost-immediate elimination of dozens of county jobs. Pointing to service demands that exceed the budget,…
The United States lost nearly 600,000 jobs in January, sending the unemployment rate to 7.6%, the highest in 16 years, according to the Labor Department.…
The unemployment rate for workers with college degrees rose to 3.8%, the highest level since records began in 1992, the Labor Department reported today. This…
Emerson Electric, the St. Louis, Missouri-based maker of "InSinkErator" garbage disposals, plans as many as 14,000 job cuts in 2008. The firm has already eliminated…
Retail chain Talbots will eliminate 370 jobs, 17% of the company’s work force, in a $150 million cost-cutting effort triggered by the slump in consumer…