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Job Layoffs

A collection of news and information related to Job Layoffs published by this site and its partners.

Top Job Layoffs Articles

Displaying items 23-33
  • U.S. chipmaker AMD cuts workforce, gives weak revenue forecast

    U.S. chipmaker AMD cuts workforce, gives weak revenue forecast
    SAN FRANCISCO (Reuters) - Struggling U.S. chipmaker Advanced Micro Devices Inc said on Thursday it was cutting 7 percent of its workforce and it gave a lower-than-expected revenue forecast for the current quarter, sending its shares lower. The company's...
  • AbbVie says tax rule changes scuttled deal for Shire

     AbbVie says tax rule changes scuttled deal for Shire
    AbbVie is blaming the Obama administration for pulling the plug on its $55 billion proposed acquisition of Irish drugmaker Shire, asserting that the largest corporate deal of the year no longer made economic sense under new federal tax regulations. Late...
  • Warner Bros. to cut costs, shed jobs

    Warner Bros. to cut costs, shed jobs
    Warner Bros.' film and television studio, which had an uncharacteristically poor summer at the box office, will cut its annual overheard by $200 million, Chief Executive Kevin Tsujihara said Wednesday at a Time Warner investors meeting in New York....
  • CNN Cancels 'Crossfire,' Other Shows in Wake of Turner Cuts

    CNN has quietly cancelled "Crossfire," "Unguarded With Rachel Nichols," "Sanjay Gupta, M.D." and "CNN Money" in the wake of cost-cutting by parent company Turner Broadcasting, according to people familiar with the situation. Turner announced last week...
  • Virginia budget woes mean layoffs for up to 565 employees

    Virginia budget woes mean layoffs for up to 565 employees
    The state will lay off as many as 565 employees, mostly in the Department of Corrections, to balance its budget in the wake of lower-than-anticipated revenues, Gov. Terry McAuliffe said Wednesday. Roughly 90 percent of the layoffs will come from the...
  • Amid drought, mayor directs L.A. to cut water use 20% by 2017

    Amid drought, mayor directs L.A. to cut water use 20% by 2017
    Los Angeles Mayor Eric Garcetti issued an executive directive on Tuesday requiring Los Angeles to reduce its fresh water use 20% by 2017 as a response to the prolonged drought. Garcetti also asked L.A. departments to dramatically cut the amount of water...
  • Siemens to cut jobs at German energy ops: German radio

    MUNICH (Reuters) - Engineering group Siemens is cutting 1,200 jobs at its German energy business on weak demand for power plant equipment and maintenance, radio station Bayerischer Rundfunk reported on Wednesday, citing company sources. Siemens confirmed...
  • Time Warner investor day: Five things to watch

    Time Warner Chief Executive Jeff Bewkes is poised to explain why bigger wouldn't have been better. Three months after refusing to entertain Rupert Murdoch's 21st Century Fox's takeover bid for his company, Bewkes is expected to outline his vision for...
  • CME Group to cut 150 jobs

    CME Group to cut 150 jobs
    CME Group, which owns the Chicago Board of Trade and New York Mercantile Exchange, said Tuesday it will eliminate about 150 jobs, about 5 percent of its global workforce, as weak trading volume cuts into profit.   The cuts will come from the technology,...
  • CME to cut 5 percent of global workforce to reduce costs

    CHICAGO (Reuters) - CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, to reduce costs with most cuts hitting its technology operations, the world's largest futures exchange operator said on Tuesday. CME's Chicago...
  • As recovery continues, Maryland households fall behind

    As recovery continues, Maryland households fall behind
    More than five years into the economic recovery, many Maryland households still aren't feeling the lift. Overall personal income — including wages, investment income and payments from programs such as Social Security — grew an estimated 1...