Time Inc., Cutting 6 Percent Of Its Workforce
Oct 29th, 2008 · Steve Inkseep has business news.
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Bitter Pill: Merck To Cut 7,000 More Jobs
Oct 22nd, 2008 · Merck, one of the country's biggest pharmaceutical makers, announced Wednesday it is slashing more than 7,000 positions, or 12 percent of its global workforce. Those cuts come on top of more than 10,000 jobs that were eliminated in an earlier restructuring. The new cuts were announced as the company reported a sharp drop in income for the recent quarter. It's due partly to fewer sales of Merck's cholesterol pills, Vytorin and Zetia.
Yahoo Posts Sharply Lower Profits
Oct 22nd, 2008 · Yahoo announced Tuesday it will cut 15,000 people from its workforce as it struggles with plunging profits — a 64 percent drop from the same time last year. Weak ad sales continue to be a key culprit.
Growing Latino Population Redefines Small Town ***
Oct 12th, 2008 · Siler City, N.C., used to be the kind of town where almost everyone had roots going back a century or two. That's changed now that a chicken-processing plant has attracted a Latino workforce.
Workforce Loses 159,000 Jobs In September *
Oct 3rd, 2008 · Data from the Labor Department Friday showed September was the nine straight month of job losses. The nation's unemployment rate held steady at 6.1 percent. However, employers slahed payrolls by 159,000 last month. The biggest losses came in the construction and manufacturing industries.
HP To Cut 24,000 Jobs After EDS Takeover
Sep 16th, 2008 · Hewlett-Packard announced Monday it will slash nearly 8 percent of its work force, over the next three years. HP is restructuring as it integrates its newly acquired technology services company Electronic Data Systems Corporation. Most of the job cuts will be EDS workers. HP is reducing its workforce so it can cut costs, and better compete with IBM.
How to Get Back on Track After a Layoff **
Jul 16th, 2008 · The nation's tough economic times has left many people unemployed and looking for work. Beverly Goodman, of SmartMoney magazine, and Sonia Alleyne, of Black Enterprise magazine, discuss tips on re-entering the workforce after a layoff. Also, Kathy Henry tells how she's making ends meet after being laid off work for almost a year.
How to Stay on Top after Graduation
May 6th, 2008 · This spring, millions of college students are joining a workforce battered by a bad economy. Resist the urge to buy a new wardrobe and car, says our personal finance contributor.
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