Defense contractor building the F-22 fighter jet said thousands of jobs would be lost if President Obama decides not to continue funding for the advanced but costly plane.
Retailers, banks, and factories are cutting costs ever deeper this week, inflicting a painful toll on workers with little relief in sight.
Pain drug maker, which last month lost patent protection on its best-selling drug, said Tuesday it will slash 22 percent of its jobs to reduce expenses.
Defense contractor and manufacturer of parts for private jets and commercial airlines is cutting 600 jobs and freezing salaries for all executives and managers at 2008 levels.
Automaker said the buyouts will mainly target GM's 22,000 retirement-eligible hourly employees, though any union employee can take the offer.
Cincinnati-based AK Steel Holding Corp. is recalling more than 500 hourly workers who had been laid off at its plant in Ashland, Ky.
World's second-largest stainless steel maker said it will continue production cuts, temporarily lay off some 2,000 workers worldwide and cut 250 jobs.
Group says job demand is down 23 percent in the last two months, and it is becoming increasingly difficult for the growing numbers of unemployed workers find new jobs.
Welding products manufacturer will eliminate over 10 percent of its global work force, cut executive salaries, and cut hours at a plant in Cleveland as it tries to reduce costs.
Engine maker said Monday it offered voluntary retirement packages to about 700 hourly employees in southern Indiana as the company continues to pare down its work force.
Swedish air compressor maker, which has already slashed 1,350 jobs because of weaker order intake, said Monday it will cut 3,000 jobs worldwide.
Seafaring life is attracting fewer young adults these days, creating a worsening personnel shortage for those hauling cargo across oceans and the Great Lakes.
State Administration of Work Safety reported that the number of deaths dropped to 91,172 for 2008, falling below 100,000 for the first time in more than a decade.
After passing a bill on wage discrimination, lawmakers are pushing aside other specific labor legislation to focus on bigger bills, such as the $819 billion economic stimulus plan.
Company says the cuts will be made in France, Portugal, China, India and Pennsylvania and account for about 22 percent of the division's workforce.
Caterpillar on Friday announced 2,110 new job cuts at three Illinois plants as the heavy equipment maker scales back production to match falling demand.
Nation's largest chemical maker will cut between 400 to 500 jobs near its Midland headquarters as part of a previously announced global layoff plan.
President Barack Obama signed a series of executive orders Friday that he said should 'level the playing field' for labor unions in their struggles with management.
Goetz Custom Sailboats in Bristol, R.I., has rehired nearly all its employees after a customer resumed payments on an order for an $8 million dollar racing yacht.
Electronics giant said it will cut 20,000 workers worldwide to stanch mounting losses, joining a slew of other Japanese corporate heavyweights who are slashing jobs.
Jobless rate climbed to 8 percent in December -- the highest in over two and a half years -- while inflation dropped to 1.1 percent, the EU's statistical agency said.
Company plans to lay off another 2,000 workers as the slumping worldwide economy is forcing more customers to cancel or delay orders for new aircraft.
Police said Thursday they are looking into a series of threatening phone calls to the trade union leader at General Motors' new plant in Russia.
Eastman Kodak Co. is cutting 3,500 to 4,500 jobs as it posted a $137 million fourth-quarter loss on plunging sales of both digital and film-based photography products.