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Olympus to cut 2,500 jobs, sell equity stake - media
Japan's Olympus Corp, hit by a $1.7 billion fraud scandal, plans to shed 2,500 workers and sell an equity stake to either Sony Corp or Panasonic Corp in a bid to bolster its finances, local media reported Wednesday. Olympus, the world's leading maker of diagnostic endoscopes, is struggling to recover from an accounting fraud uncovered last year by its then CEO, Michael Woodford. It was forced

Olympus to cut 2,500 jobs in turnaround bid - Nikkei

Japan's Olympus Corp plans to cut 2,500 jobs, or roughly 7 percent of its workforce, the Nikkei business daily said, as the medical equipment maker restructures its business to strengthen its

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General Mills to eliminate about 850 jobs
Food maker General Mills Inc. said Tuesday it will cut about 850 jobs as part of a plan to lower costs and boost efficiency.

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Reports: HP poised to eliminate up to 30,000 jobs

Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according

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T-Mobile cutting a net 1,900 call-center jobs
Cellphone carrier T-Mobile USA Inc. said Thursday that it is cutting 1,900 jobs nationwide as it consolidates its call centers in an effort to reduce costs and remain competitive.

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A list of cities losing T-Mobile call centers
-Mobile USA Inc. is cutting 1,900 jobs nationwide as it consolidates, cutting the number of its call centers to 17 from 24 by the end of June.

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Job cuts Galleries

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Job cuts Videos

Tata Steel Fiscal Year 2009 ne...
Tata Steel Fiscal Year 2009 net drops 60 percent

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