job cuts
Markets
Bombardier, Inc. (BBD.B) to Eliminate 7,000 Jobs
Bombardier, Inc. (TSE:BBD.B) announced its decision to cut 7,000 production and non-production jobs including 2,000 contractors. The job cuts are part of its initiative to optimize its global workforce over the next two years.
The...
From The Press
Yahoo! Inc (YHOO) to Cut 15 Percent of Workforce
Yahoo! Inc (NASDAQ:YHOO) is expected to disclose its planned cost-cutting measures including job cuts and business closures, according to the Wall Street Journal based on information familiar with the matter.
The report indicated that the...
Markets
Sprint Corp (S) Cuts Over 2,500 Jobs; Stock Plunges
The stock price of Sprint Cor (NYSE:S) plunged more than 12% to $2.52 per share after the company’s officials confirmed the elimination of more than 2,500 jobs, according to a report from the The...
Markets
GoPro Inc (GPRO) Shares Collapse on Job Cuts, Sales Forecast
The shares of GoPro Inc (NASDAQ:GPRO) plummeted during the extended trading after the action camera maker announced its jobs cuts and preliminary financial results for the fourth quarter and fiscal 2015.
The stock price of...
Markets
DuPont (DD) to Eliminate 1,700 Jobs in Delaware
DuPont (NYSE:DD) will reduce its workforce by 28% in Delaware early next year as the chemical company proceeds with a merger with Dow Chemical Co (NYSE:DOW).
In a letter to employees, DuPont CEO Ed Breen...
From The Press
Twitter Inc (TWTR)’s Shares Fell on Report of Possible Job Cuts
The stock price of Twitter (NYSE:TWTR) closed $30.84 per share, up by 1.73% on Friday, but it went down after-hours due to the report that it is planning to cut jobs next week.
The shares...
From The Press
Microsoft Corporation (MSFT) to Cut 1,200 Jobs as it Exits Display Advertising Business
Microsoft Corporation (NASDAQ:MSFT) is planning to shut down its online display advertising business, which would affect 1,200 jobs, according to Bloomberg based on information obtained from people familiar with the matter.
The stock price of...
Business
Tyson Foods, Inc. (TSN) to Eliminate 950 Jobs, Close Three Plants
Tyson Foods, Inc. (NYSE:TSN), the largest meat processor in the United States announced its decision to close its three plants, which will result to the elimination of 950 jobs.
According to the company, would be...
