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U.S. private sector cuts 254,000 jobs in September

U.S. private employers cut a larger-than-expected 254,000 jobs in September, though this was less than a revised 277,000 jobs lost in August, a report by a private employment service said on Wednesday.
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Futures flat as G20, data on housing and jobs eyed

U.S. stock index futures were flat on Thursday as investors awaited data on home sales and jobless claims for an indication of the state of the economy following a sharp sell-off in the last session.
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GM restores 3,000 jobs, prepares to raise output

General Motors Co said on Tuesday it planned to restore about 3,000 jobs at U.S. assembly plants and related facilities and is getting set to raise North American production by up to 45 percent next year.
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Hhgregg says to add 800 seasonal jobs

Regional appliance and electronics retailer hhgregg Inc said it will add 800 seasonal jobs at 117 of its stores to help cope with increased customer traffic during the holiday season.
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UBS cuts jobs at U.S. wealth arm: sources

Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
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UBS cuts jobs at U.S. wealth arm-sources

Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
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Magyar Telekom to cut 400 jobs, save HUF 6.5 bln

Magyar Telekom will lay off 400 workers at a cost of about 7 billion forints ($37.04 million) in severance payments, the brunt of which it expects to incur in the fourth quarter, the company said on Wednesday.
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Downturn may cost 25 million jobs in OECD countries

The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.
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Unions slam bank greed, urge jobs plan pre-G20

Trade unions urged G20 leaders on Wednesday to respond decisively to the specter of 59 million job losses and slammed banks for awarding bonuses worth more than 20 percent of the taxpayer money spent bailing them out.
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Downturn may cost 25 million jobs in OECD

The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.
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Lilly cutting 5,500 jobs before Zyprexa lapse

Eli Lilly and Co said on Monday it plans to cut 5,500 jobs, or 13.5 percent of its workforce, as it girds for generic competition by 2011 on its Zyprexa schizophrenia drug and Gemzar cancer treatment.
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White House: stimulus money added jobs, GDP growth

The White House Council of Economic Advisers said in a report on Thursday that the $787 billion stimulus package enacted earlier this year had created as many as 1.1 million jobs by the third quarter.
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Steve Jobs strides back onto Apple stage

Steve Jobs stepped back into the spotlight for the first time in nearly a year on Wednesday, drawing a standing ovation before unveiling new and cheaper iPods for Apple Inc.

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