Nortel Networks, which filed for bankruptcy protection last month, will eliminate 3,200 jobs, forgo employee bonuses for 2008, and end stock-based compensation. Nortel cut thousands…
The nation’s largest home-improvement retailer, Home Depot Inc., posted fourth-quarter earnings on Tuesday that beat what many analysts had predicted. Excluding any costs incurred by…
Flash memory manufacturer Spansion will cut its global work force by 35%, or about 3,000 jobs. Sunnyvale, California-based Spansion said the cuts will take place…
Trans World Entertainment has eliminated 45 stock and receiving jobs at its Albany, New York distribution center, the second set of layoffs announced by the…