In an effort to cope with the continued decline of new vehicle sales and production cutbacks, major automotive plants will be laying off more employees…
Ericsson's fourth quarter profits dropped 31%. Citing weakened handset sales and costs associated with restructuring, the Stockholm-based manufacturer announced it would layoff 5000 of it's…
Warner Bros. Entertainment is eliminating 800 jobs, or about 10% of its global workforce, becoming the latest media company to take drastic cost-cutting measures amid…