 Reuters | Electronic Arts warns of lower earnings, job cuts Los Angeles Times, CA - The world's largest game publisher said retail sales of its games slowed in October -- right about the time the global financial crisis deepened. ... EA Warns of Weak Holiday Sales, Slashes Jobs Electronic Arts lowers forecast and cuts jobs Electronic Arts Lowers 2009 Forecast, Will Cut Jobs (Update2) |
Friday, October 31, 2008
Electronic Arts warns of lower earnings, job cuts - Los Angeles Times
AP sources: Issues resolved in GM-Chrysler talks - The Associated Press
 CBS News | AP sources: Issues resolved in GM-Chrysler talks The Associated Press - A study by the Anderson Economic Group of East Lansing, Mich., released Wednesday estimated that 25000 to 35000 automaker jobs could be cut if the deal is ... What Price Survival? GM/Chrysler Merger Moving Ahead, but Could ... Chrysler offers up to $75000 in buyouts Will GM Take Driver's Seat at Chrysler? |
UPDATE: Tenneco To Cut 1100 Jobs As Global Auto Sales Slide - CNNMoney.com
 Washington Times | UPDATE: Tenneco To Cut 1100 Jobs As Global Auto Sales Slide CNNMoney.com - (FDML) have already signaled they will cut or are already cutting jobs. Federal-Mogul alone has begun cutting 4000 positions. The supplier cuts comes as ... Tenneco to Eliminate 1100 Jobs, Close Four Factories (Update3) US: Tenneco to close plants and cut 1100 jobs Tenneco Intends 1100 Job Layoffs , To Close 4 US Manufacturing ... |
Game giant Electronic Arts posts loss, plans job cuts - Los Angeles Times
Reuters | Game giant Electronic Arts posts loss, plans job cuts Los Angeles Times, CA - ... new jobs and global exports from the video game business, which is expected to deliver nearly $50 billion in sales this year despite the brutal economy. ... Electronic Arts Lowers 2009 Forecast, Will Cut Jobs (Update2) EA Announces Impressive ‘Spore’ Sales, Big Lay-Offs Electronics Arts cuts profit outlook, shares fall |
Thursday, October 30, 2008
Motorola Earnings Beat Estimates After Job Reductions (Update2) - Bloomberg
 Reuters | Motorola Earnings Beat Estimates After Job Reductions (Update2) Bloomberg - ... posted third-quarter earnings that beat analysts' estimates after cutting more than 9000 jobs in two years to make up for slumping sales. ... Motorola to cut 3000 jobs and delay spinoff Motorola's Turnaround Plans Meet with Skepticism EARNINGS OUTLOOK Motorola seen cutting more jobs |
EA Warns of Weak Holiday Sales, Slashes Jobs - Wall Street Journal
 AFP | EA Warns of Weak Holiday Sales, Slashes Jobs Wall Street Journal - The company said sales in October were weak and it cut its forecast for the crucial holiday quarter, sending shares down 13% to $24.15 in after-hours ... Game giant Electronic Arts posts loss, plans job cuts Electronic Arts Lowers 2009 Forecast, Will Cut Jobs (Update1) Electronic Arts loses $310M, will cut hundreds of jobs |
Kodak to Cut Jobs; Reduces Sales, Profit Forecasts (Update1) - Bloomberg
 Reuters | Kodak to Cut Jobs; Reduces Sales, Profit Forecasts (Update1) Bloomberg - By Courtney Dentch Oct. 30 (Bloomberg) -- Eastman Kodak Co. said it will eliminate more jobs and predicted a third-straight annual sales decline as Chief ... Kodak 3Q profit spikes, but full year seen weaker Kodak 3Q profit spikes, but warns of 'targeted' job cuts Kodak's Picture Dims |
Wednesday, October 29, 2008
Steve Jobs holds court - Macworld
 BBC News | Steve Jobs holds court Macworld, CA - “There’s no guarantee that sustained sales will equal initial sales,†Jobs cautioned. “And who knows about the economic slowdown? But the fact is, ... Apple: 13 M iPhones sold in total, 2.6 M Macs sold last quarter Apple earnings call features Steve Jobs, outstanding numbers Week in review: Reversal of fortunes |
Tuesday, October 28, 2008
Automakers slash production, jobs and targets - Taipei Times
 BBC News | Automakers slash production, jobs and targets Taipei Times, Taiwan - ... while Italy’s Fiat Group SpA warned that sales could drop 20 percent next year. In the US, Auburn Hills-based Chrysler said it would eliminate 1825 jobs ... European car industry slumps amid financial crisis Peugeot Citroen and Chrysler wield the axe as demand for cars ... Car makers slam on brakes as orders slump |
Home sales stop fall in September - Chicago Tribune
 TopNews | Home sales stop fall in September Chicago Tribune, United States - By Wailin Wong and Robert Channick | Chicago Tribune With a growing family and a steady job as a heavy-machine operator for a Chicago coal handling facility ... Sales of preowned homes in West soared in Sept. September Illinois Home Sales Down 8.7 Percent from Last Year Jacksonville home sales flat; up 24% statewide |
Whirlpool to Cut 5000 Jobs as US Economy Slows (Update3) - Bloomberg
 Wall Street Journal | Whirlpool to Cut 5000 Jobs as US Economy Slows (Update3) Bloomberg - ... cut 5000 jobs, or 6.8 percent of its workforce, and forecast lower annual profit as the global credit crunch and US housing slump clips appliance sales. ... Whirlpool to cut 5000 jobs as credit crisis saps demand CORRECTED - UPDATE 1-Whirlpool posts lower profit, cuts more jobs Whirlpool Looking Drained |
Pfizer Profit Jumps on Job Cuts, International Sales (Update2) - Bloomberg
 St. Louis Post-Dispatch | Pfizer Profit Jumps on Job Cuts, International Sales (Update2) Bloomberg - International sales accounted for 59 percent of the company's revenue. Pfizer cut 11000 jobs last year alone, leaving it with 86600 employees as of Dec. 31. ... Pfizer posts strong profit on global sales, job cuts Pfizer profit triples on Lyrica sales, job cuts Pfizer Third Quarter Earnings Show Profit Due in Part to Job Cuts ... |
Monday, October 27, 2008
Chrysler axes 5000 jobs amid merger talks with GM news - domain-B
 ABC News | Chrysler axes 5000 jobs amid merger talks with GM news domain-B, India - Vice chairman and president, Tom LaSorda said that sales projections for the rest of this year and 2009 look bleak and indicated that the company would be ... Chrysler seller: Sales, work force have fallen Chrysler culls 5000 jobs Job cuts at Chrysler fan talk of sale |
Apple: 13 M iPhones sold in total, 2.6 M Macs sold last quarter - BetaNews
BBC News | Apple: 13 M iPhones sold in total, 2.6 M Macs sold last quarter BetaNews - ... in Motion during the previous quarter, by virtue of its 3G iPhone launch. "There's no guarantee that sustained sales will equal initial sales," Jobs warned. Apple's iPhone sales are good-not-great Apple profits beat estimates, but sales disappoint The day Apple released its iPhone revenue bomb |
GKN to cut more than 1400 jobs and shut factories as car industry ... - Telegraph.co.uk
 stv.tv | GKN to cut more than 1400 jobs and shut factories as car industry ... Telegraph.co.uk, United Kingdom - Volvo said sales of its heavy trucks had fallen from nearly 42000 in the third quarter last year to 115 in the same period in 2008. ... UPDATE 2-UK's GKN to cut over 1400 jobs, shut plants Engineering Firm To Axe 1400 Jobs UK: GKN to axe jobs as auto demand slides |
Chrysler seller: Sales, work force have fallen - The Desert Sun
 Boston Globe | Chrysler seller: Sales, work force have fallen The Desert Sun, CA - Hector Zazueta, a sales manager of Dodge City Chrysler in La Quinta, said anecdotally that sales have fallen roughly 50 percent in the past three months. ... Chrysler culls 5000 jobs Job cuts at Chrysler fan talk of sale Without bailout, huge job loss seen at GM |
Sunday, October 26, 2008
GM/Chrysler mull job-sparing deal for US aid - guardian.co.uk
 Washington Post | GM/Chrysler mull job-sparing deal for US aid guardian.co.uk, UK - Such a merger would shake up the US industrial landscape and create an automaker with about a third of the US car market by sales. But its immediate success ... Chrysler slashing 5000 jobs as sale talk goes on GM to Cut More Jobs, Suspend Savings-Plan Payments (Update1) Fading future |
Apple CEO, Steve Jobs, Unimpressed by Apple TV Sales - Teleclick.ca
 Crave | Apple CEO, Steve Jobs, Unimpressed by Apple TV Sales Teleclick.ca, Canada - Apple CEO, Steve Jobs, admitted in an earnings call earlier this week that the company’s digital video receiver device, Apple TV, has not been as successful ... Mac Bloggers Rattle RIM, Nose Out Netbooks What recession? Apple sales soar on iPhone 3G Jobs: The iPhone is Apple's netbook |
Apple's Mac Attack - Forbes
 BBC News | Apple's Mac Attack Forbes, NY - Apple clocked iPhone sales of 6.9 million units up from a mere 1.1 million during the same time last year. "We sold more phones than RIM," said Steve Jobs, ... Apple revenue shoots up as Mac sales soar Apple profits up on iPhone sales Apple earnings rocket as iPhone sales soar |
Pfizer posts strong profit on global sales, job cuts - AFP
St. Louis Post-Dispatch | Pfizer posts strong profit on global sales, job cuts AFP - NEW YORK (AFP) â€" US pharmaceutical giant Pfizer Inc. reported Tuesday third-quarter net profit that tripled from a year ago on strong international sales ... Pfizer Profit Jumps on Job Cuts, International Sales (Update2) Pfizer profit triples on Lyrica sales, job cuts Pfizer Third Quarter Earnings Show Profit Due in Part to Job Cuts ... |
Saturday, October 25, 2008
Merck Will Chop 7200 Jobs After Profit Falls 28% on Sales Sag - Bloomberg
 Dividend.com | Merck Will Chop 7200 Jobs After Profit Falls 28% on Sales Sag Bloomberg - ... Co. will cut 7200 jobs, or 12 percent of its workforce, as the third-largest US drugmaker faces generic competition and falling sales of its Zetia and ... Bitter Pill: Merck To Cut 7000 More Jobs Merck And The Shrinking Drug Industry Merck to slash 12% of workforce |
Job cuts at Chrysler fan talk of sale - Chicago Tribune
 AFP | Job cuts at Chrysler fan talk of sale Chicago Tribune, United States - "Never before have auto industry sales contracted at such a fast rate," Bob Nardelli, Chrysler's chairman and CEO, said in a statement. ... Chrysler to slash up to 5000 jobs worldwide by year-end Ailing Chrysler to cut 5000 more Chrysler to cut 5000 jobs |
Chrysler Plans to Cut 25% of Salaried Jobs by Dec. 31 (Update2) - Bloomberg
 Finance and Commerce | Chrysler Plans to Cut 25% of Salaried Jobs by Dec. 31 (Update2) Bloomberg - GM also is cutting additional salaried jobs and yesterday said it is suspending some employee benefits as it works to conserve cash amid declining sales in ... Michigan will take brunt of Chrysler's salary-job cuts General Motors cuts another 5000 jobs, stops contributions to 401k ... Chrysler has multiple bids on Viper business |
Chrysler culls 5000 jobs - Globe and Mail
 United Press International | Chrysler culls 5000 jobs Globe and Mail, Canada - The problem for Chrysler, GM and Ford Motor Co. is the collapse of sales in the US market. Ford is believed to be in the best shape to weather the storm ... Job cuts at Chrysler fan talk of sale Chrysler to slash up to 5000 jobs worldwide by year-end Ailing Chrysler to cut 5000 more |
Friday, October 24, 2008
Chrysler slashing 5000 jobs as sale talk goes on - The Associated Press
ABC News | Chrysler slashing 5000 jobs as sale talk goes on The Associated Press - Chrysler's sales are down 25 percent through the first nine months of the year, the worst decline of any major automaker. Although Chrysler is a private ... Chrysler Plans to Cut 25% of Salaried Jobs by Dec. 31 (Update2) Chrysler to slash up to 5000 jobs worldwide by year-end Chrysler to cut 25 percent of white-collar jobs |
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