New research from North Carolina State University shows that an increase in professional business practices such as outsourcing, hiring temporary workers and focusing on project-based teams is having a detrimental effect ...
Social Sciences
Jul 13, 2010
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When companies restructure, even managers who escape layoffs can wind up on shakier ground, a new study by a University of Illinois labor expert found.
Social Sciences
May 11, 2010
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The Associated Press on Thursday reported a 65-percent drop in net profit last year as the struggles of the US newspaper industry also took a bite out of the bottom line of the US news agency.
Business
Apr 30, 2010
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(AP) -- Very little went right for AOL Inc. in the first quarter as it cut way back on staff and tried to refocus its business. The Internet company said Wednesday that tumbling online advertising revenue, along with restructuring ...
Business
Apr 28, 2010
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The good news for traditional US news organizations? Their websites are popular. The bad news? Few news consumers click on ads and hardly any are prepared to pay for news online.
Internet
Mar 15, 2010
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(AP) -- A disappointing outlook from Electronic Arts Inc. sent shares of the video game publisher sharply lower Monday, a sign that significant cost-cuts and layoffs have not ended the company's slump.
Business
Feb 8, 2010
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(AP) -- Oracle Corp. CEO Larry Ellison cheered the closing of his company's $7.4 billion acquisition of Sun Microsystems on Wednesday, vowing that Sun will immediately add to Oracle's profits. He said layoffs won't be as ...
Business
Jan 28, 2010
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(AP) -- Verizon Communications Inc. on Tuesday posted an unusual loss for the fourth quarter, as a charge for layoffs in its shrinking landline business overshadowed the growing, and profitable, wireless business.
Business
Jan 26, 2010
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(AP) -- AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that lets companies buy custom-made online videos from a network of freelance filmmakers.
Business
Jan 25, 2010
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(PhysOrg.com) -- The recession has had a devastating impact on the state's public schools, with major layoffs, budget cuts and homeless students moving in with staff and faculty, according to a new UCLA report.
Social Sciences
Jan 22, 2010
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