Washington, DC Mayor Adrian M. Fenty has proposed eliminating 1,632 government jobs, as well as raising fees on parking meters, emergency phone service and business…
Athletic apparel manufacturer Nike will restructure, with the loss of as many as 1,400 jobs. The company will downsize its management teams, and reorganize to…
Dana Holding, a truck-axle manufacturer that exited bankruptcy in 2008, will cut more jobs as Ford and GM reduce production. Dana will eliminate more than…
PPG Industries, the world’s second-biggest paint maker, will cut an additional 2,500 jobs to trim costs because of slowing auto and manufacturing sales. Pittsburgh-based PPG…
National Semiconductor will cut more than 1,700 jobs, about 25% of its workforce, as the economic meltdown affects sales. The company is eliminating 850 positions…
Pharmaceutical giant Merck has announced a $41.1 billion takeover of Schering-Plough, which is likely to be followed by a reduction of 15% in the combined…