Ford Motor Company plans to invest $450 million to consolidate its electric car program in south east Michigan, bringing in approximately 1000 new jobs. The…
Redmond, Washington-based software giant Microsoft will sell its digital advertising agency, Razorfish, part of Microsoft Advertising. Razorfish has been valued at up to $700 million,…
Volvo will layoff an additional 1,543 jobs at its Volvo Trucks, Construction Equipment, Penta and Powertrain units. The Swedish automaker is talking to unions about…
Dana Holding, a truck-axle manufacturer that exited bankruptcy in 2008, will cut more jobs as Ford and GM reduce production. Dana will eliminate more than…
Company officials at Lydall Inc. say sales have declined rapidly, and as a result, layoffs will occur sooner than expected at the company’s Saint Johnsbury,…
Ford Motor has begun transferring workers to a Detroit-area parts plant as it begins implementation of an agreement with the United Auto Workers to phase…
Mazda, a Ford Motor affiliate, is eliminating jobs across its US operations. The Hiroshima, Japan-based automaker laid off 110 workers at Mazda North America. Mazda…
Chrysler, the third-largest US automaker, wants $2 billion more in federal aid to successfully restructure, pushing its total request to $9 billion. Chrysler also plans…