GM plans layoffs as auto sales slump Oct. 23, 2008 (Windsor Star, Canada) — General Motors Corp. is planning to make involuntary cuts in its salaried and contract workforce in response to a deepening slump in U.S. auto ...
Rise in Jobless Claims Exceeds Forecast Oct. 23, 2008 (New York Times) — The number of American workers filing new claims for jobless benefits rose by a larger than expected 15,000 last week, government data on Thursday ...
Merck cuts more jobs, tempers profit forecast Oct. 22, 2008 (San Diego Union-Tribune) — Merck & Co said Wednesday it will cut 12 percent of its workforce, on top of earlier job cuts, and tempered its long-range earnings outlook due to ...
CITIC Securities to cut pay but no layoffs Oct. 22, 2008 (The Standard, China) — 26 mins ago) Employees at China's CITIC Securities will take a 5 to 20 percent pay cut starting next month, part of a plan by the country's largest ...
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