British construction equipment maker to cut nearly 400 jobs, just a month after 2,500 of its workers agreed to reduced pay and hours in a bid to save their positions.
Manufacturer of commercial air conditioning systems says it will cut 270 jobs in the next three years and transfer the workload to its plant in Monterrey, Mexico.
Building products manufacturer said it is taking restructuring measures such as cuts to capital spending and jobs in response to sagging construction market and falling economy.
Companies in the chemical and fertilizer industry said Thursday they will lay off some 800 workers as their businesses feel the effects of the global economic crisis.
Head of the engineers union representing about 21,000 white-collar workers of airplane maker Boeing Co. said a tentative labor pact could be reached Thursday.
Labor Department reported jobless claims last week increased by 32,000 to a seasonally adjusted 516,000, the highest total since just after the Sept. 11 terrorist attacks.
Aircraft company announced Wednesday it is cutting 665 jobs in Kansas and Oregon because of the global economic downturn.
U.S. Department of Labor will award a $527,000 emergency grant to help workers laid off from Katahdin Paper Co.
Paper company UPM-Kymmene Corp. to close several of its self-adhesive label production lines in Finland and elsewhere in Europe and ax some 340 jobs by end-2009.
Germany's leading industrial union IG Metall says it has agreed to accept a 4.2 pay rise over the next 18 months and will not go on strike.
Union representing workers at an Alabama paper mill said it has reached an agreement with MeadWestvaco Corp. on a new contract after 14 months of talks.
Unemployment rate rose sharply to 5.8 percent in the three months to September, as the economic slowdown hit the job market, official figures showed.
Joint venture between Nokia Corp. and Siemens AG will lay off 1,250 employees in Finland and Germany as part of a previously announced cost-cutting plan.
More than 500 employees at Hubbell Inc.'s Centralia, Mo., plant are striking over a contract they say eliminates or restructures certain retirement, health and medical benefits.
Contract talks covering nearly 21,000 Boeing engineers, scientists and technical workers have been extended because of unresolved economic and other issues.
IG Metall, Germany's biggest industrial union, began a new round of talks with employer representatives on Tuesday to reach a wage deal and stave off a full-fledged strike.
Drugmaker Amylin Pharmaceuticals Inc. will cut 340 jobs, or a quarter of its San Diego work force, in a move to cut operating expenses by more than $100 million in 2009.
GM to lay off another 1,900 factory workers at parts stamping, engine and transmission factories in North America as it cuts expenses to deal with a worsening cash crisis.
Swedish truck and bus maker says it will lay off 900 permanent workers at its powertrain unit in Sweden and 100 in North America.
Bad news kept piling up for General Motors on Monday as shares plunged and some analysts predicted the automaker would collapse without a government bailout.
Contract talks covering more than 20,000 of Chicago-based Boeing's engineers, scientists and technical workers could extend beyond Tuesday.
About 3,600 GM workers will be laid off indefinitely beginning early next year as the automaker slows down production at 10 of its assembly plants.
Company is temporarily laying off about 170 workers at a plant that makes dishwashers in northwest Ohio due to falling demand.
Company plans to cut 700 manufacturing jobs at the company's Phoenix jet engine plant and transfer the work to Mexico and the Czech Republic.