Bank of America is expected to cut several thousand jobs in its capital-markets division beginning this week, according to The Financial Times, which cites executives…
TCC Media Holdings, the parent company of Clear Channel Communications, has announced it is eliminating 1,850 positions, or about 9% of its staff; this is…
Cerberus Capital Management LP, the private-equity firm whose holdings include Chrysler, may cut its workforce by 10% amid a freeze in leveraged buyouts. Cerberus hasn't…
Warner Bros. Entertainment is eliminating 800 jobs, or about 10% of its global workforce, becoming the latest media company to take drastic cost-cutting measures amid…
Clayton Homes, the nation's largest maker & financier of prefab and mobile homes, is laying off 135 workers from its manufacturing facility in Giles County,…
Jacksonville, Florida's job market will get slammed this year, with an estimated 22,300 jobs expected to be lost by Q4 2009. Jacksonville's unemployment rate is…
Burberry Group, based in England, announced an unexpected increase in third quarter sales. But despite these strong numbers they have made it clear that they…