Declining sales of building-related materials has led Berkshire Hathaway Inc. to cut about 3,000 jobs. The cuts were revealed in a regulatory filing made Thursday. According to Businessweek, Berkshire and its subsidiaries employ about 222,000 people, which is 1.3 percent less than six weeks ago and 10 percent less than the 246,083 jobs the company had [...]
Continue reading...Thursday, July 16, 2009
McGraw-Hill will consolidate its educational publishing businesses into a single group, costong 550 employees their jobs. The firm will also sell BusinessWeek magazine. The company employs 21,650 workers. McGraw-Hill cut a total of 1,045 positions last year, or 4.9% of its 21,171 employees as of the end of 2007. Founded in 1917, McGraw-Hill is headquartered in Rockefeller Center [...]
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Thursday, February 4, 2010
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