Posted by Reuters: Business News on January 11, 2012
CHICAGO (Reuters) – Agricultural processor Archer Daniels Midland Co said on Wednesday it will reduce its workforce by 3 percent, making it the latest agribusiness giant to make cuts in the face of volatile global markets.
Posted by Reuters: Business News on November 9, 2011
(Reuters) – Adobe Systems Inc plans to lay off more than 7 percent of its workforce and take a charge of up to $94 million as part of a restructuring to focus on core businesses such as digital media and marketing.
Posted by Reuters: Business News on July 25, 2011
TORONTO (Reuters) – BlackBerry maker Research In Motion plans to cut about 11 percent of its workforce as it struggles to keep pace with Apple and Google in the mobile market it once dominated.
Posted by Reuters: Business News on
TORONTO (Reuters) – BlackBerry maker Research In Motion Ltd plans to cut about 11 percent of its workforce to slash costs as it struggles to compete against Apple Inc and Google Inc.
Posted by Reuters: Business News on July 19, 2011
NEW YORK/SAN FRANCISCO (Reuters) – Cisco Systems plans to cut 15 percent of its jobs and sell a factory as part of a plan to cut annual expenses by $1 billion as the network equipment maker tries to revive its fortunes.
Posted by Reuters: Business News on July 12, 2011
SAN FRANCISCO (Reuters) – Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.
Posted by Reuters: Business News on May 26, 2011
TOKYO (Reuters) – Japanese copier and printer maker Ricoh Co will cut nearly 10 percent of its workforce to try to boost sagging profits and fend off competition from firms such as Xerox and Canon Inc .
Posted by Reuters: Business News on April 28, 2011
TOKYO (Reuters) – Japanese consumer electronics giant Panasonic Corp said it was planning 35,000 job cuts over three years to March 2013, nearly 10 percent of its workforce, in a bid to pare costs and keep up with Asian rivals.
Posted by Reuters: Business News on April 8, 2011
SAN FRANCISCO (Reuters) – Wells Fargo & Co said on Thursday it is shedding about 1,900 jobs, or less than 1 percent of its total workforce, as mortgage refinancings slow.
Posted by Reuters: Business News on June 15, 2010
LOS ANGELES (Reuters) – Hershey Co plans to cut 500 to 600 jobs, or up to 5 percent of its workforce, as part of a restructuring aimed at upgrading and enlarging its facilities to compete globally and save some $60 million to $80 milllion in annual costs.
