Merrill Lynch Global Wealth Management, a unit of Bank of America, has cut some business manager positions, laying off some employees and retaining others in…
North Andover, Massachusetts' Watts Water Technologies says its senior executive team got an across-the-board pay raise, and hundreds of thousands of dollars in perks that…
International Business Machines will inform an undisclosed number of US employees that their jobs are being eliminated, with much of the work being sent to…
New York Governor David A. Paterson plans to eliminate nearly 9,000 jobs, mostly through layoffs, after failing to get unions to agree to cost-cutting concessions.…
Carpet and flooring company Shaw Industries Group will close two plants in Georgia, eliminating 600 jobs. The Dalton, Georgia-based company will shutter a spun yarn…
Automated test equipment maker Teradyne plans to cut jobs worldwide under its latest cost-trimming plan. The company hasn't determined the number of job cuts, which…
St. Louis-based KV Pharmaceutical and its subsidiary, Bridgeton, Montana's Ther-Rx, will lay off five sales employees in Coppell, Texas. In addition, eight employees will be…
Lake Forest, Illinois' Hospira, which makes and sells BioTime’s blood product Hextend in the US, will cut 1,450 people, or 10% of its workforce. Alameda,…
Waltham, Massachusetts translation software firm Lionbridge Technologies will reduce its workforce by 8%, or 325 jobs, globally. The company employs roughly 4,500 people. Lionbridge Technologies…
Eastman Kodak will cut about 300 jobs, as it shutters two manufacturing operations at its Windsor, Colorado plant. Rochester, New York's Kodak said it will…