Supermarket company Penn Traffic recently filed for Chapter 11 bankruptcy and announced today a plan to close 53 stores in New York, leaving over 4000…
Sony Ericsson is streamlining operations and cutting 2000 jobs. As part of a global consolidation, four US facilities will be closed down by the third…
Lockheed Martin is reorganizing Electronic Systems, a missile making unit, and appointing a new person to head it up. The revamp is expected to result…
Amway is cutting 93 jobs in North America and reconsolidating its finance department. The reconsolidation will take place at its operations center in Costa Rica,…
Stiefel Labs, a maker of dermatology and skin-care products, was bought out by GlaxoSmithKline in July of this year. GSK announced on wednesday that it…
Adobe Systems, maker of popular software packages such as Acrobat, Dreamweaver, and Flash, announced today that it is planning another round of layoffs. Employees from…