Amcore Financial will reduce its workforce by 9%, and cut executive pay. The company will eliminate 116 positions, including that of chief operating officer. The…
American Axle & Manufacturing will lay off several hundred workers at a factory in Hamtramck, Detroit, according to UAW Local 235. American Axle plans to…
Sotheby's, the world's largest publicly traded auction house, has announced further job cuts. The firm will cut an additional 5% of its global workforce in…
Level 3 Communications will cut about 150 jobs, or 2.8% of its work force. Founded in 1985, Level 3 Communications is a communications and information…
Lockheed Martin will eliminate 225 jobs at its Owego, New York-based Systems Integration plant, after a recommendation by the Secretary of Defense to cancel two…
Hanesbrands will lay off 500 employees in corporate management and in distribution. Two hundred and fifty management employees will get notices this week; 200 of…
Timber company Weyerhaeuser will close its Bay City log export facility in Aberdeen, Washington, within the next month. Fifty-four people will lose their jobs. The…
Apple Computer's Apple Store retail chain laid off the equivalent of 1,600 full-time jobs in Q2. Average revenue per store had fallen to $5.9 million,…