Massmart had sacked 500 employees last year, and now Wal-Mart has proposed to takeover Massmart on the condition that they rehire the sacked employees. South…
In February, AOL made an agreement to purchase the Huffington Post, and it is planning on integrating the news company and restructuring itself. As a result…
American Axle & Manufacturing Inc., a manufacturer of automobile driveline and drivetrain systems in the US, is slowly downsizing its salaried workforce by offering early-retirement…
Duke Energy is offering voluntary buyouts to most nonunion employees in order to reorganize its corporate staff and save $200 million a year in personnel,…
EyeWonder, an Atlanta based digital advertising company, has been picked up by Limelight Networks for $110 million. EyeWonder, founded in 1999, specializes in online advertising. They are…