Lockheed Martin to cut 1,200 US jobs
US global security giant Lockheed Martin said Wednesday it will cut approximately 1,200 US jobs as part of a restructuring within its electronics systems business area.
Space Exploration
Jan 6, 2010
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News tagged with restructuring
Is the Greek haircut a snip too far for investors?
Research from the University of Reading suggests that the recent bail-out for Greece could lead to decades of legal actions as disgruntled investors sue for compensation.
Economics & Business
Apr 19, 2012
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AOL posts higher 4Q net income but revenue slides
(AP) -- Internet company AOL Inc. says its fourth-quarter net income grew from a year-ago period weighed down by hefty restructuring costs, but revenue fell sharply on weak advertising sales. The company sought to reassure ...
Business
Feb 2, 2011
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Lexmark to jettison inkjet printers, 1,700 workers
(AP)—Lexmark is jettisoning its inkjet printers and laying off 1,700 workers as paper becomes increasingly passe in an age of ever-sleeker digital devices and online photo albums on Internet hangouts like Facebook.
Business
Aug 28, 2012
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Adobe to cut 750 jobs, trims 4Q profit outlook
(AP) -- Software maker Adobe says it is laying off 750 workers to better align the company around what it calls digital media and marketing opportunities.
Business
Nov 8, 2011
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Germany's T-Mobile to cut 900 US jobs
Germany's T-Mobile, the fourth-largest wireless telecommunications company in the United States, said Tuesday it would cut 900 jobs as part of a company-wide restructuring.
Telecom
May 16, 2012
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Microsoft cuts about 200 marketing employees
(AP) -- Microsoft Corp. said it laid off some of its marketing staff on Wednesday as part of an effort to restructure its operations.
Business
Feb 2, 2012
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Verizon Communications 4Q loss widens
Verizon Communications' fourth-quarter loss widened, dragged down by restructuring, pension and Superstorm Sandy costs. The company activated a record number of new devices on its contract-based plans during the period.
Business
Jan 22, 2013
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MySpace to cut 300 intl positions, close offices
(AP) -- Social-networking site MySpace said Tuesday it plans to cut 300 jobs, or two-thirds of its overseas work force, in an effort to rein in costs and focus on countries where it has many users and better business opportunities.
Internet
Jun 23, 2009
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LodgeNet files for Ch. 11, plans sale to Colony
LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.
Business
Jan 28, 2013
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