Cellphone company Sprint is eliminating more jobs as it seeks to cut costs and turn around its business.
When a company wants to appoint a new CEO for strategic changes, they would be better off in the long term by promoting someone from inside the company rather than hiring someone from the outside, according to a new study ...
(AP) -- Yahoo Inc. has pumped up its profits by laying off workers and weeding out unpopular Internet services.
The current recession has focused top information technology executives on cost-cutting, but they are not slashing jobs the way they did in previous economic downturns, according to a 2009 benchmark report commissioned by ...
(AP) -- Helped by deep cost cuts, Motorola Inc. on Thursday posted an unexpected profit for the second quarter after several quarters of losses, and said it expected things to keep improving this year.
(AP) -- Cost-cutting and the lure of the iPhone softened the effect of the weak economy at AT&T Inc., helping the country's biggest telecommunications carrier beat analyst estimates for the first quarter.
US computer giant Dell is set to lay off up to 230 more workers in Ireland as a part of cost-cutting plans, RTE state radio said on Friday.