Macy’s Inc. will eliminate 1,500 store-level jobs effective March 6, Bloomberg is reporting. The news agency reports Macy’s is firing department managers and merchandising team…
Pharmaceutical company AstraZeneca announced today that it will lay off 8,000 employees over the next four years, representing 12% of its workforce. Job cuts will…
A proposed state budget is causing considerable consternation down state in New York City. Mayor Michael Bloomberg has stated that Governor Paterson’s state budget as…
Do it yourself giant Home Depot is closing three under-performing stores, affecting one hundred jobs, and cutting another nine hundred jobs as it consolidates HR,…
Telecommunications equipment maker Tellabs will cut 200 jobs over the next five quarters as part of a restructuring plan. Tellabs, which reported a net profit…