King Pharmaceuticals is cutting 760 jobs, or 22% of its workforce. About 240 of the job losses are corporate positions associated with King's $1.6 billion…
Huntington Bancshares is laying off 500 employees, or 4% of its work force; foregoing 2008 employee bonuses; and is ceasing its 401(k) matching program. CEO…
Pittsburgh's PNC Financial Services Group plans to cut 5,800 jobs following its recent purchase of National City, and posted a Q4 loss of $248 million.…
SAS, the troubled Scandinavian airline, will cut 3,000 jobs and ask shareholders for more cash to help it ride out the global economic meltdown. Shares,…
Cleveland, Ohio's Lincoln Electric Holdings will eliminate more than 10% of its global work force and cut executive compensation, in an attempt to lower costs…
Elkhart County, already saddled with Indiana's highest unemployment rate of 15.3% in December because of layoffs in the recreational vehicle industry, got more bad news…