Sprint Nextel is planning to trim 2,500 jobs across the entire company with many of the layoffs coming before the end of the year. The company is also planning to cut back on the number of outside contractors it uses. No specifics were given in the latest announcement but Sprint has said in [...]
Continue reading...Tuesday, October 20, 2009
Facing a drop in third quarter profits, Lexmark announced it was cutting 825 jobs this month. The job cuts span several areas of the company’s business. Lexmark expects to save $70 million next year and over $100 million in 2011 as a result of the cuts. Demand is rising for Lexmark products, but restructuring [...]
Continue reading...Sunday, July 19, 2009
Illinois’ Stock Yards Meat Packing will consolidate, cutting 75 jobs in St. Paul, Minnesota. Some workers will be allowed to relocate to the firm’s Plymouth plant; the rest will be laid off. The St. Paul plant currently employs 125. The workers’ union, United Food and Commercial Workers Local 789, says no details about the restructuring have been [...]
Continue reading...Thursday, July 9, 2009
Sun Microsystems will eliminate 12 jobs in Alabama as part of a national restructuring plan. The manufacturer or hardware and software is cutting nine jobs in Birmingham, two in Huntsville and one in Mobile. Sun recently laid off 18 employees at its Phoenix, Arizona location. Sun Microsystems is a multinational vendor of computers, computer components, computer software, and [...]
Continue reading...Thursday, May 28, 2009
Oil and gas producer Devon Energy will combine its international and gulf divisions into one offshore division based in Houston, eliminating some jobs. Spokesperson Chip Minty, who is also apparently a Ben & Jerry’s flavor, said the number of persons laid off should not exceed 75, and that some workers will be relocated within the firm. Oklahoma [...]
Continue reading...Thursday, May 7, 2009
DuPont will cut 2,000 jobs, or 3.5% of its global workforce, as part of the company’s restructuring plan. The company’s automotive, construction and industrial units are being targeted. In the last year, DuPont has cut 4,500 jobs and laid off 10,000 contract workers. E. I. du Pont de Nemours & Company is an American chemical company founded in [...]
Continue reading...Saturday, May 2, 2009
Oklahoma Gas & Electric has laid off 22 workers at its Oklahoma City HQ. The utility has eliminated its enterprise, information and performance section. With new hires during the restructuring, the firm will have lost only 10 positions in toto. Terminated employees will get severance pay, continued health care benefits and outplacement services. Oklahoma Gas & Electric is [...]
Continue reading...Tuesday, March 3, 2009
RF Micro Devices will eliminate about 100 jobs, or 2% of its workforce worldwide. The Greensboro, North Carolina wireless chipmaker did not say if any of the latest round of cuts would impact RF Micro’s 1,600-person Greensboro workforce. In December, the company said it would be cutting about 150 workers in Greensboro during Q1 of this year [...]
Continue reading...Thursday, February 26, 2009
Cisco Systems has begun cutting jobs as part of a restructuring that the tech giant said could involve the elimination of up to 2,000 positions. The maker of networking equipment did not disclose the specific number of layoffs, but a spokesperson said about 250 employees at the San Jose, California HQ were affected. Earlier this month the [...]
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Monday, November 9, 2009
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