Stories tagged: job cuts
Mon., Jan. 8, 2018, 2:37 p.m.
GoPro expects revenue slump, slashes workforce
GoPro is cutting staff and expects a sharp decline in fourth-quarter revenue after facing weak demand for cameras during the holiday season.
Thu., Dec. 7, 2017, 2:14 p.m.
GE cuts 12K power jobs as demand, renewables, skew market
General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels, and energy demand declines overall.
Mon., Dec. 19, 2016, 4:11 p.m.
More Boeing job cuts ahead in the new year
After a year in which Boeing relentlessly slashed costs and cut its employment in Washington state by more than 8 percent, there’s more of the same to come in the …
Thu., Nov. 10, 2016, 3:16 p.m.
Providence notifies employees of planned job cuts
Providence Health & Services is telling employees it will eliminate some positions in the next two months as the not-for-profit health system copes with falling revenue from reimbursement rates not …
Fri., Oct. 7, 2016, 4:30 p.m.
Verizon cuts jobs in stores as wireless growth slows
Verizon has cut jobs in stores across the country as it deals with increasing competition in the wireless industry.
Tue., Sept. 27, 2016, 11:14 a.m.
IRS to eliminate more than 7,000 jobs as fewer people file paper tax returns
In Covington, Kentucky, a small city of 40,000 just outside Cincinnati, times could be better. Median household income is just around $35,000. Twenty percent of the population doesn’t have health …
Wed., June 15, 2016, 4:26 p.m.
Wal-Mart to cut 1,500 back-office jobs at U.S. stores
Wal-Mart Stores Inc. is cutting jobs in accounting and other back-office positions at about 500 locations in the Western region of the U.S.
Thu., Feb. 25, 2016, 1:28 p.m.
Halliburton to cut another 5,000 jobs amid oil slump
Halliburton, which provides well-drilling services for oil companies, is cutting 5,000 more jobs as the industry continues to struggle with lower oil prices.
Mon., Sept. 12, 2011, 10:36 a.m.
Bank of America to cut 30,000 jobs
NEW YORK (AP) — Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is …
Wed., Jan. 28, 2009, 2:49 p.m.
Starbucks to close more stores, cut more jobs
Starbucks Corp. said nearly 7,000 employees may lose their jobs due to a new round of store closures and cost cuts as it reported Wednesday that its profit dropped 69 …
Wed., Jan. 28, 2009, 2:26 p.m.
Boeing plans 10,000 job cuts; unions skeptical
A Boeing Co. plan to increase job cuts to about 6 percent of its work force this year drew a skeptical response from a key union leader Wednesday, even though …