A Dutch-owned aluminum plant in southern Romania plans to lay off up to 1,200 people — more than a third of its work force — as the economic crisis grips Romania.
Sovereign Bank, the banking unit of Sovereign Bancorp Inc., said Friday it is cutting 1,000 jobs, or 8.3 percent of its work force, in an effort to reduce costs amid the economic downturn.
ASML Holding NV, a key supplier to Intel Corp. and other computer chip makers, said Thursday it is slashing 1,000 jobs — more than 10 percent of its global work force — following a plunge in orders.
Juan Jimenez's job at the casino wasn't the most glamorous one in the place.
A Russian-owned bauxite and alumina producer is laying off about a tenth of its nearly 600 employees in the South American country of Guyana.
Gillett Evernham Motorsports will layoff about 65 employees in several departments as part of scaling back its Nationwide Series program next season.
A Russian-owned bauxite and alumina producer is cutting 150 jobs at its Jamaican plants due to plunging demand for the chief ore in aluminum.
German-owned automaker SEAT on Tuesday said it plans temporary layoffs for 5,300 workers in Spain in the first half of next year because of falling sales.
For nearly a year, Suzanne Beckstrom watched warily as employee after employee was laid off in her office at a small Southern California housing development. One by one, she said goodbye to construction workers, sales staff, administrative help — even the marketing manager who oversaw Beckstrom’s work.
Dutch chemicals maker DSM NV said Monday it is cutting 1,000 jobs — 5 percent of its work force — to help it weather the global financial storm.
Swedish appliance maker Electrolux AB Monday said it will lay off more than 3,000 staff globally because of a slump in the market.
International casino owner Las Vegas Sands Corp. is cutting more than 200 workers from its Venetian and Palazzo casino-hotels on the Las Vegas Strip as part of an effort to save $100 million annually companywide.
Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.
Struggling Sun Microsystems will halt production at its Linlithgow plant in Scotland, the company said Thursday, part of a move to consolidate its global manufacturing operations at a single site in Hillsboro, Oregon.
Britain's second-largest telecoms company is dismissing about 1,200 workers at its Caribbean operations as part of a regional restructuring.
Wyeth Pharmaceuticals says it will lay off 276 workers in Puerto Rico due to a company restructuring and a drop in demand for locally manufactured products.
Swedish bearings maker SKF AB on Wednesday said it is slashing nearly 6 percent of its work force, or 2,500 jobs, worldwide to adapt to lower demand from the auto sector due to the global financial crisis.
The recession has hit the NFL. The league said Tuesday it is cutting more than 10 percent of its headquarters staff in response to the downturn in the nation's economy. Commissioner Roger Goodell announced the cuts in a memo to league employees. The NFL is eliminating about 150 of its staff of 1,100 in New York, NFL Films in New Jersey and television and Internet production facilities in Los Angeles.
Petty Enterprises released at least three dozen employees Monday as the team continues to search for either a merger or a miracle that would keep the famed organization operating in 2009.
In a Dec. 6 story about layoffs in Massachusetts, The Associated Press reported erroneously that Staples Inc. would lay off half its home office. Instead, the company will lay off about 140 workers, including half from its home office in Framingham.
Swedish steel maker SSAB will cut 1,300 jobs because of rapidly falling demand for steel, the company said Monday.
Sotheby's Inc. has approved a restructuring plan that will lead to salary reductions and layoffs because of poorer than expected earnings.
Nomura Holdings Inc. will layoff up to 1,000 employees in London, less than three months after it bought big chunks of the global business of failed U.S. investment bank Lehman Brothers Holdings Inc.
Jet engine maker Pratt & Whitney laid off about 350 employees across the country on Wednesday amid concerns that airlines may delay or cancel orders as the global economy slows.
About 200 workers have been laid off from a luxury resort in Puerto Rico, officials said Tuesday, adding to the struggles of a Caribbean hotel industry hit by falling revenues and bookings due to the global financial crisis.