 AFP | Isuzu, Mazda Cut 2700 Jobs as Vehicle Demand Falls (Update1) Bloomberg - Tokyo-based Isuzu's sales in Thailand, its biggest overseas market, plunged 30 percent in October, the fifth straight monthly decline, and Mazda's sales in ... Japan's Isuzu Motors to cut 1400 jobs JAPAN: Isuzu and Mazda cut production and jobs Isuzu Motors to chop off 1400 jobs |
Thursday, November 20, 2008
Isuzu, Mazda Cut 2700 Jobs as Vehicle Demand Falls (Update1) - Bloomberg
Asian Stocks Drop for Second Day as Job Cuts Mount; Banks Fall - Bloomberg
 BBC News | Asian Stocks Drop for Second Day as Job Cuts Mount; Banks Fall Bloomberg - Taiwan Semiconductor Manufacturing Co., the world's biggest contract chip maker by sales, dropped 5.6 percent to NT$38.5. The company said it will hire ... Japan stocks fall as layoffs hammer bank shares Corporate Diary Japan Stocks Fall, Halting Two-Day Gain, as Commodities Slump |
Wednesday, November 19, 2008
Survey: Homebuilder confidence wanes - Bizjournals.com
 The Money Times | Survey: Homebuilder confidence wanes Bizjournals.com, NC - The housing downturn has resulted in the loss of about 3 million jobs in construction and related industries. The index gauges builder perceptions of ... UPDATE 1-US home builder sentiment tumbles to new low Home builder confidence hits record low Builder Confidence Plummets; Congress Needs To Act |
LI home prices fall more than national, Northeast median - Newsday
 Columbus Dispatch | LI home prices fall more than national, Northeast median Newsday, NY - ... announcing bad news, Fears said Long Island home sales could stall further: "Not only are we going to see more people losing their jobs, we're going to ... Median sale prices down in area from a year ago Keeping afloat Home Prices Continue Nationwide Free-Fall |
Pa. loses sales tax funds to legal ‘skimming’ - Bizjournals.com
 Crain's Chicago Business | Pa. loses sales tax funds to legal ‘skimming’ Bizjournals.com, NC - ... according to the report, “Skimming the Sales Tax,†released by Good Jobs First, a national watchdog of state and local economic development subsidies. ... Report highlights states' practice of paying retailers to turn in ... Study shows retailers get $1B of sales tax back Struggling States Let Retailers Keep $1 Billion in Sales Taxes ... |
Citigroup to cut another 52000 employees via company sales and job ... - Times Online
 Computerworld | Citigroup to cut another 52000 employees via company sales and job ... Times Online, UK - One of the largest single job culls of the current downturn was launched yesterday as Citigroup, the American banking group, announced plans to reduce its ... Job cuts threaten Citi's expansion in Mass. Citigroup to eliminate 53000 jobs Citi piles on more job cuts |
Tuesday, November 18, 2008
Wolseley Will Cut 2300 Jobs as UK Market Weakens (Update4) - Bloomberg
 MSN Money UK | Wolseley Will Cut 2300 Jobs as UK Market Weakens (Update4) Bloomberg - In the Nordic region, markets have deteriorated in Denmark, where Wolseley gets about half of its regional sales after spending 1.34 billion pounds on ... UPDATE 1-Wolseley cuts 5000 jobs, 2300 more to go Wolseley Profit Declines 30% in 1Q Wolseley to shed a further 2300 jobs |
Texas No. 2 in giving sales tax dollars back to retailers - Bizjournals.com
Crain's Chicago Business | Texas No. 2 in giving sales tax dollars back to retailers Bizjournals.com, NC - ... Good Jobs First, Texas accounts for $89 million of the $1 billion handed over by state and local governments in diversions of sales tax receipts to ... Study shows retailers get $1B of sales tax back Struggling States Let Retailers Keep $1 Billion in Sales Taxes ... Sales Tax 'Skimming' Costs State and Local Governments Over $1 ... |
Let’s help Big Three keep jobs - Kansas City Star
 Washington Times | Let’s help Big Three keep jobs Kansas City Star, MO - Even Best Buy, which stands to soak up market share as Circuit City reorganizes in bankruptcy court, has dramatically cut back its sales forecast. ... Automakers' pain felt far beyond Detroit South Floridians favor some kind of Big Three bailout General Motors Bailout |
How Many Jobs Depend on the Big Three? - New York Times
 Fresh News | How Many Jobs Depend on the Big Three? New York Times, United States - The study concludes that “new vehicle production, sales, and other jobs related to the use of automobiles are responsible for 1 out of every 10 jobs in the ... Automakers' pain felt far beyond Detroit Automakers Tell Washington: It's Crunch Time Crash of US carmakers risks three million jobs |
Monday, November 17, 2008
Citi Plans Asset Sales and Job Cuts - New York Times
 Straits Times | Citi Plans Asset Sales and Job Cuts New York Times, United States - The bank announced plans to cut 50000 jobs. In a meeting with employees, the bank’s executives also said that Citigroup was seeking to shore up its capital ... Citigroup's Pandit Targets 52000 Jobs to Eliminate (Update2) Citigroup to cut another 52000 employees via company sales and job ... Citigroup plans to sell assets and cut more jobs |
Sun plans to cut 6000 jobs - Australian IT
 Australian IT | Sun plans to cut 6000 jobs Australian IT, Australia - Sun's sales collapsed along with the internet bubble, and customers later gravitated to low-cost servers based on x86 chips from Intel and Advanced Micro ... Sun Microsystems cutting up to 6000 jobs Sun Microsystems slashes jobs in survival fight Crisis Hits Tech Sector With Layoffs as Sales Slump |
ArvinMeritor to Cut Jobs; American Axle Posts Loss - Wall Street Journal
 WWJ | ArvinMeritor to Cut Jobs; American Axle Posts Loss Wall Street Journal - Arvin Innovation would have $100 million in cash, achieve $2.9 billion in revenue within the next two years and won't be delayed by slumping sales in the US ... ArvinMeritor will cut 1250 jobs to lower costs ArvinMeritor cuts jobs, may sell unit Continued After Advertisement Below |
PepsiCo to cut jobs as profits dip - Sydney Morning Herald
 New York Daily News | PepsiCo to cut jobs as profits dip Sydney Morning Herald, Australia - PEPSICO announced plans yesterday to cut 3300 jobs and close six plants as it deals with lagging drinks sales in the United States and a surging US dollar, ... PepsiCo to cut 3300 jobs as profit falls 10 pct PepsiCo cuts 3300 jobs to save $1.2bn PepsiCo to cut 3300 jobs as profit falls 10 pct |
Sunday, November 16, 2008
Region braces for car crash; State, business get ready to cope - Crain's Detroit Business
 Sify | Region braces for car crash; State, business get ready to cope Crain's Detroit Business, MI - ... sales taxes, property taxes and business taxes. “Number of jobs equals income, which equals income tax but also equals income that's spent. ... Job Loss at A 12 Year High! Maruti more valuable than General Motors The Detroit Bailout: Unsafe at Any Cost |
Guns sales surge after Obama's election - CNN
 China Daily | Guns sales surge after Obama's election CNN - "But I think that President-elect Obama has been clear in his campaign that what he wants to focus on is the economy, trying to get jobs growing again, ... Gun-Shop Business Booms in Advance of New Administration Economic urgency...Cowards and jerks...More lost jobs... | KXNet ... GUNS AND GOD |
Lower Retail Sales Hurt Job Seekers - WTVY
 Reuters | Lower Retail Sales Hurt Job Seekers WTVY, AL - Unemployed workers looking for holiday jobs are finding they're scarce. With the economy in freefall, consumers are scared to spend. Retail sales have now ... Best Buy cuts fiscal 2009 profit outlook Are Retail Sales Woes A Sign Of A Bad Holiday Best Buy opens first store in Bronx |
Local jobs threatened by auto industry woes - Monitor
 Times Online | Local jobs threatened by auto industry woes Monitor, TX - Thousands of jobs - from laborers at maquiladoras that produce car parts to the sales reps and mechanics at the area's dealerships - are tied to the ... A lot rides on Big 3 bailout Detroit dinosaurs call for bank-style bailout Car crisis approaches |
Saturday, November 15, 2008
Sun Microsystems cutting up to 6000 jobs - San Jose Mercury News
 Daily Mail | Sun Microsystems cutting up to 6000 jobs San Jose Mercury News, USA - While it had $13.9 billion in revenue last year, the company said sales to East Coast banking and investment firms fell 20 percent in its last quarter. ... Crisis Hits Tech Sector With Layoffs as Sales Slump High-tech giant says job cuts could save as much as $800 million ... Sun Microsystems to cut up to 6000 jobs |
BMW Rises on Forecast of `Clearly Positive' Earnings (Update2) - Bloomberg
 BBC News | BMW Rises on Forecast of `Clearly Positive' Earnings (Update2) Bloomberg - If the market decline continues, BMW may further reduce its temporary workforce beyond the 5000 jobs planned and trim shifts, he said. ... BMW shares climb on prediction of positive earnings BMW reports 63% slump in third-quarter profits BMW confident of making profit despite slowdown |
Sun Slashes Jobs, Sets Restructuring - TheStreet.com
 Boston Globe | Sun Slashes Jobs, Sets Restructuring TheStreet.com - During the quarter, Sun's sales of computer systems fell 15% year over year, while sales of storage systems grew a scant 0.4%. This is not the first time ... Sun to cut up to 6000 jobs; software chief exits as unit revamped Sun Microsystems Announces Plans to Cut 6000 Jobs Sun Microsystems To Slash About 6000 Jobs Worldwide |
Crisis Hits Tech Sector With Layoffs as Sales Slump - New York Times
 ITProPortal | Crisis Hits Tech Sector With Layoffs as Sales Slump New York Times, United States - Mr. Schwartz declined to delve into all of the specific areas where Sun’s job cuts will occur, although he did say that the sales group would be affected. ... Sun Microsystems to cut 6000 jobs High-tech giant says job cuts could save as much as $800 million ... Sun Microsystems to cut up to 6000 jobs |
Friday, November 14, 2008
Job cuts and record fall in retail sales blight US economy - Telegraph.co.uk
 Reuters | Job cuts and record fall in retail sales blight US economy Telegraph.co.uk, United Kingdom - ... as it emerge that two major American employers were planning to axe up 16000 jobs and that US retail sales fell by a record amount last month. ... US retail sales plunge as layoffs mount US Consumers Cut Back in October Feature Story |
RPT-PREVIEW-US October chain store sales expected to fall - Reuters
 Reuters | RPT-PREVIEW-US October chain store sales expected to fall Reuters - Companies continue to shed jobs, with Circuit City Stores Inc (CC.N: Quote, Profile, Research, Stock Buzz) on Monday becoming the latest employer to outline ... Auto parts makers, dealers hit by car sales slump US defense market seen facing rising protectionism Video game software shares dip on sales concerns |
High-tech giant says job cuts could save as much as $800 million ... - MarketWatch
 Digitaltrends.com | High-tech giant says job cuts could save as much as $800 million ... MarketWatch - ... Sun Microsystems Inc. said Friday it will cut as many as 6000 jobs as part of a new effort to lower its expenses amid declining sales to its corporate ... Sun to cut up to 6000 workers, 18 pct of staff Sun to Cut Up to 6000 Employees Amid Economic Slump (Update3) Crisis Spreads to Tech Sector as Sun Plans to Cut Work Force |
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