Japanese electronics maker to cut 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as an economic downturn and a stronger yen batter profits.
Two-thirds of U.S. employers planned no changes in hiring in the first three months of 2009, according to a survey of from Manpower Inc.
House Speaker touted the notion of a 'car czar' Tuesday to supervise an auto industry bailout, saying Big Three executives haven't adapted well to changing conditions.
Chip equipment maker said Tuesday that it will shrink its work force by 10 percent and cut its chief executive's pay in half as sales dry up.
State’s Shared-Work Program allows Washington businesses to cut full-time employees’ hours by as much as 50 percent and workers to qualify for partial unemployment benefits.
United Steelworkers members in Ohio overwhelmingly approved a 3-year contract with Cooper Tire & Rubber that includes major concessions by workers anxious to keep their jobs.
Dow Chemical's move to cut costs by reducing its workforce by 11 percent is a step in the right direction, an analyst said, but challenges still loom for the company.
Carmaker to cut back work hours at its plant in Rastatt, Germany, that produces Mercedes A and B class cars, as the ongoing economic crisis has pinched demand.
Tobacco company named Bryan K. Stockdale CEO of smokeless tobacco manufacturer Conwood, and Nicholas A. Bumbacco CEO of Santa Fe Natural Tobacco Co.
Vehicle remanufacturing and logistics company closing the facility as part of a restructuring of its North American drivetrain operations, citing ongoing woes in the auto industry.
Chemical producer said Monday James P. Rogers will be the company’s new chief executive starting next May.
Maker of bar code readers, medical products and Sears' Craftsman tools said it will cut 1,700 jobs and eliminate 13 facilities, citing weak global economic conditions.
Sit-in at a Chicago factory has stretched into a fifth day after talks between the workers' union, their former employer and the company's debtor failed to produce a way out of the impasse.
St. Louis suburb wary of announcement that the nation's biggest steelmaker will soon 'temporarily' suspend production, without giving a timeframe.
Beijing launching four-month food safety campaign that will include inspections to weed out illegal or excessive chemicals in food, in the latest move to restore trust.
United Auto Workers union President Ron Gettelfinger says he's hopeful that an agreement will be reached soon in Washington to rush short-term loans to the struggling U.S. automakers.
Japan fell into a deeper recession in the July-September period than first thought, as exports weakened, domestic demand fell and companies pared inventories.
French-Romanian carmaker resumed production for three days before announcing it will close its factory in Romania for a month and layoff workers due to a sharp drop in car sales.
Hundreds of workers gathered outside an electrical components factory to demand pay and protest layoffs, as recession-related unrest spread to China's commercial capital.
Judge has ruled that Mattel, Wal-Mart and others can still be sued for making and selling toys with high lead levels, even though the companies offered safer replacements after a recall.