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,…
American Express will hold another round of layoffs, after cutting 7,000 jobs in October 2008, decimating its work force. The credit card concern also froze…
Washington, DC-based Danaher will slash its workforce by 2,300 and close or consolidate 16 sales and manufacturing facilities. The cuts come after the firm's purchase…
Richmond, Virginia-based tobacco giant Philip Morris will shutter a cigarette plant in North Carolina, and lay off 1,100 people in Cabarrus County. The manufacturer is…
Montvale, New Jersey- based industrial conglomerate Ingersoll-Rand has cut 2,700 jobs, or 4.5% of its work force, so far this year. The firm shut down…