MERCK & Co said yesterday net income in 2009 may miss analysts' expectations as it works to offset falling sales of its top-selling cholesterol pills with job reductions and spending cuts ...
LEHIGH VALLEY, Pa. (AP) - Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, said Tuesday it is cutting about 7 percent of its work force because ...
* Says will cut jobs in Germany and abroad * Expects 2009 pre-tax loss as sales fall 10-15 percent * Says 2008 net profit falls...
* Says will cut jobs in Germany and abroad * Expects 2009 pre-tax loss as sales fall 10-15 percent * Says 2008 net profit falls to 377 million eur vs 2.85 bln STUTTGART, Germany, April...
NEW YORK, March 10 - Flextronics International Ltd, the Singapore-based contract electronics manufacturer, said on Tuesday it is cutting jobs and closing facilities to cope with a weaker global economy. The company expects to save...
Shanghai, February 16 (Gasgoo.com) Nissan Motor's Chinese venture Dongfeng Nissan will not cut jobs and will continue expanding its plant, Ren Yong, Dongfeng Nissan vice general manager, said to China Business News recently.
NEW YORK, Jan 22 - Playboy Enterprises Inc plans to cut jobs, consolidate online and print operations and take a writedown as the adult entertainment magazine struggles with a declining audience in a poor economy....
BEIJING, Dec 25 - China's state-owned enterprises should avoid cutting jobs in 2009 even though it is shaping up as a most difficult year, the chief regulator of state assets said in remarks published on...
Nov. 26, 2008 (China Knowledge) - KPMG, one of the big-four accounting firms in the world, is cutting jobs in China due to the prolonged financial crisis, the Shanghai Daily reported, citing an industry source...
NEW YORK, Oct 6 - Lighting maker Acuity Brands Inc reported lower quarterly net profit on Tuesday, reflecting weaker housing and retail construction markets and high raw material costs, and said it would cut jobs...