Olympic Steel has reduced its workforce by 21% from peak 2008 levels, and cut salaries. The provider of steel products also made company-wide base pay…
Owings Mills, Maryland-based Avatech Solutions is cutting 10% of its work force and temporarily reducing the salaries of all employees. The layoffs will affect around…
EPIX Pharmaceuticals of Lexington, Massachusetts has reported a Q4 loss and is reducing its workforce by 50%. The workforce reduction resulted in 44 jobs lost,…
Advanced Energy Industries, a producer of electricity converters, will slash its work force by 22% and cut salaries of management and executive officers. The company…
Television station owner Belo will cut 150 jobs, reduce some employee salaries by 5%, and suspend its 401(k) matching contributions. The salary reduction will affect…
Boston-based advertising agency Arnold Worldwide has cut 40 jobs from its headquarters office. The firm had a Boston head count of about 600 before the…
McClatchy Newspapers, the third-largest US newspaper chain, will cut 1,600 jobs, or 15% of its full-time workforce. The publisher is also cutting wages for its…