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,…
Lockheed Martin, the world's largest defense contractor, announced a revamp of its business division back in November. Today the company said that as a 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,…
Telecommunications equipment supplier Nokia Siemens Networks has announced a cost cutting plan that includes the elimination of 5,700 jobs world wide. The company operates in…
Baker Hughes, the world's third largest oilfield service company, is cutting 62 jobs by mid December. The affected jobs are mostly financial, the company says.…
Auto parts manufacturer Metaldyne will close its plant in Middleville, Michigan, laying off 110 people. When the plant permanently shuts down on August 31st, 87…