| Jul 17, 2014
| 7:30 AM
Microsoft Corp. said on Thursday it will cut up to 18,000 jobs, or about 14 percent of its workforce, as it halves the size of its recent Nokia acquisition and trims down other operations.
The downsizing is the largest in the Seattle-based company's...
| Jul 17, 2014
| 11:56 AM
Attempting to fend off a culture that dwelled too long on tradition and replace it with one far more aggressive, Microsoft Corp.’s chief executive announced sweeping layoffs on Thursday that will affect workers worldwide.
Anlaysts were surprised...
| Jul 22, 2014
Botox maker Allergan Inc. said Monday that it will cut 1,500 employees, most of them in Southern California, in a cost-cutting effort the Irvine company hopes will help it fight off a hostile takeover bid by a Canadian rival.
Stung by criticism that it'...
| Jul 7, 2014
| 5:45 AM
As San Diego Opera continues to regroup and work toward mounting its planned 2015 season, scheduled to begin in January, the troubled company has put cost-cutting measures in place that are expected to help it achieve a measure of financial stability....
| Jul 8, 2014
| 7:00 AM
San Diego Opera has reached a new level of stability, leaders say, after a series of cost-cutting and the announcement of new initiatives to broaden its presence in the community.
The company — which in May rescinded a controversial decision to...
| Jul 11, 2014
| 12:50 PM
Calder Casino and Race Course has slashed its horse racing dates and eliminated its poker room, and with that comes a reduction in employees.
The Miami Gardens pari-mutuel revealed this week that 246 employees are being laid off, filing a Worker...
| Sep 4, 2014
| 8:30 PM
Warner Bros. Entertainment chairman and CEO Kevin Tsujihara has told Warner Bros. employees that layoffs are coming at every level across the studio.
The cuts are coming in the wake of a failed bid by Rupert Murdoch's News Corp. to buy parent Time Warner...
| Aug 27, 2014
| 5:30 AM
Grappling with ratings doldrums and increased competition, Turner Broadcasting plans to cut several hundred workers as part of an overhaul of its operations.
On Tuesday, the Atlanta cable TV programmer notified employees that it was offering buyouts...
| Aug 27, 2014
| 2:51 PM
SunTrust Banks Inc. is shuttering its fraud-response call center group in Orlando and shedding more than 100 jobs, the bank confirmed Wednesday.
Atlanta-based SunTrust, the largest bank in Central Florida, handed out pink slips to 105 employees on...
| Sep 2, 2014
| 11:26 AM
HARTFORD — When Jeff King was laid off from a construction purchasing job in 2007 two years after he graduated college, it was just the beginning of a major recession for the construction industry.
His father, Allan, who was running both a hardware...
| Aug 30, 2014
| 3:00 PM
A nearly $25 million employment contract with Costa Mesa's municipal employee union will go for City Council review Tuesday.
The roughly 200-member Costa Mesa City Employees Assn. ratified the contract last month, but the deal still faces two public...