Dutch nutritional supplements and chemicals company Royal DSM NV says it is laying off between 900 and 1,100 staff worldwide as part of a reorganization of its businesses.
The public sector has long served as an equalizer in American society, a place where minority workers could find stable employment that offered advancement and a reliable path to a middle-class life.
BlackBerry Ltd. announced another round of job cuts Tuesday as it deals with weak smartphone sales and pushes ahead with a restructuring plan.
Softbank's quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint.
Number three US wireless carrier Sprint said Monday it was slashing 2,000 jobs in a streamlining effort after reporting a $765 million quarterly loss.
(AP)—A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.
Rovio, the Finnish maker of the popular mobile game "Angry Birds" announced on Thursday up to 130 job cuts, blaming flagging sales growth.
Microsoft on Thursday said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.
Swedish telecom equipment company Ericsson said on Thursday that it would stop developing modems, a decision affecting almost 1,600 employees worldwide which is expected to lead to hundreds of job cuts.
The Great Recession of 2007-2009 had little direct effect on the health of workers who survived the waves of job cuts that took place during that period, according to a new University of Akron study.