Northrop Grumman, the Pentagon's number three supplier, is cutting up to 750 jobs, mainly administrative positions in Southern California, even as it plans to hire…
Struggling bookstore chain Borders is cutting 742 retail positions in its more than 900 stores, or about 3% of its workforce. The company eliminated 679…
San Jose, California's Adobe Systems, the world’s largest maker of graphic design programs, has cut 600 jobs to cope with slumping demand. CEO Shantanu Narayen,…
General Dynamics will cut 1,200 jobs and post a lower profit, sending shares to a six-year low. General Dynamics said demand for its Gulfstream business…
Diageo, the world's largest producer and distributor of alcoholic drinks, plans to cut 150 jobs from its North American operations. The company, known for premium…
Drug maker Acusphere is cutting 40 jobs. The Watertown, Massachusetts-based company said the job cuts began in February and will last through April. The cut…
Sony Pictures Entertainment, facing slumping DVD sales, plans to cut about 300 jobs, or about 4% of its workforce, through layoffs and by eliminating open…