California, which is on the brink of running out of cash, will notify 20,000 state workers on Tuesday their jobs may be eliminated, a spokesman for Governor Arnold Schwarzenegger said on Monday.
On Monday US fast-food chain Kentucky Fried Chicken said in a bid to boost the deep recession affecting Britain and Ireland it would create 9,000 jobs by 2014
UBS AG, Switzerland's largest bank, announced on Tuesday the highest annual loss in Swiss corporate history and plans to cut a further 2,000 investment banking jobs.
General Motors said on Tuesday that it will cut its global work force by nearly 10,000, or 14 percent, this year and impose pay cuts on most of the remaining jobs
The U.S. government's efforts to combat a declining economy and a financial industry burdened with heavy debts is reaching its climax this week as President Obama Barack Obama and Congress will put into motion plans to create or maintain jobs, provide tax cuts to consumers and businesses while making an attempt to free up the credit markets.
Panasonic Corp., the world's largest consumer-electronics maker, announced on Wednesday that it will cut about 15,000 jobs and says it expects to post its first loss in six years amid a global economic slump.
Securities regulators are likely to investigate issues surrounding the health of Apple chief executive Steve Jobs, according to a report on Friday.
Starbucks Corp, the world's largest chain of coffee shops ,said Wednesday it will close 300 stores and reduce as many as 6,700 jobs.
A United Nations agency predicted unemployment, working poor and vulnerable employment will increase dramatically due to the current global economic crisis.
Best Buy Co. and Target Corp. said Tuesday they are cutting jobs to reduce costs as they face lower consumer spending at their stores.
Armed with the 358 page iPhone patent awarded last week, Timothy Cook who runs Apple in Jobs' absence has now threatened Palm with legal action.
Corning Inc, the largest maker of liquid crystal display glass in the world, will cut 3,500 jobs or 13 percent of its workforce as demand for glass used in flat-panel television screens and computers declined.
Caterpillar Inc., the world's largest maker of mining and construction equipment, said Monday its fourth-quarter profit fell more than 32 percent, and plans about 20,000 job cuts.
Today, Saturday, Macintosh is celebrating its silver anniversary, Apple Macintosh turns 25.
It is never to soon to start thinking about future jobs and your professional career. You may be about to embark on a one or two year full time program or a period of part-time study while continuing to work. Whatever mode of study you are taking, you are embarking on a period of development and change, which will open new career options and professional opportunities to you.
Toyota Motor Corp. may cut more than 1,000 full time employees in the United Kingdom and North America, the Japanese Nikkei reported citing an anonymous senior company official.
Intel Corp. said Wednesday it plans to close some facilities worldwide which will result in up to 6,000 manufacturing job cuts as it adjusts to slumping demand for chips in the current economic recession.
Microsoft Corp. said Thursday its quarterly profit missed analysts' expectations and it would cut more than 5,000 jobs to reduce costs in the next year and a half.
Telecom equipment maker Ericsson had a 31% decline in its fourth-quarter earnings to $430.9 million.
Mining giant BHP Billiton Ltd announced plans Wednesday to slash 6,000 jobs, or about 6 percent of its global work force, as the collapse in commodity prices.
Microsoft Corp. is expected to cut jobs after several major technology firms have been doing it in a response to the economic downturn.
The French government may help the its troubled auto industry in exchange for raising its ownership in the car makers, industry minister Luc Chatel said.
