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Daily news and top headlines for manufacturing professionals

Labor Bills Pushed Aside After Early Win

January 30, 2009 9:30 am | by Jim Abrams, Associated Press Writer | News | Comments

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.

Manitowoc Co. Cuts 2,100 Jobs

January 30, 2009 9:26 am | News | Comments

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.

CAT Cuts Another 2,100 Jobs

January 30, 2009 8:49 am | by Daniel Lovering, AP Manufacturing Writer | News | Comments

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.

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Dow Chemical Cutting Up To 500 Jobs In Michigan

January 30, 2009 8:32 am | News | Comments

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.

Obama Touts Middle-Class Task Force

January 30, 2009 8:27 am | by Philip Elliott, Associated Press Writer | News | Comments

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.

Custom Boat Maker Rehires Workers After Layoff

January 30, 2009 5:00 am | News | Comments

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.

Japan's NEC To Cut 20,000 Jobs

January 30, 2009 4:27 am | by Mari Yamaguchi, Associated Press Writer | News | Comments

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.

Euro Zone Jobless Rate Jumps

January 30, 2009 4:11 am | News | Comments

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.

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Cessna Aircraft Cutting Another 2,000 Jobs

January 29, 2009 9:23 am | News | Comments

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.

GM's Russian Union Head Gets Threats

January 29, 2009 8:40 am | News | Comments

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.

Kodak Cutting Up To 4,500 Jobs

January 29, 2009 5:20 am | by Ben Dobbin, AP Business Writer | News | Comments

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.

Black & Decker Lays Off 1,200

January 29, 2009 4:45 am | News | Comments

Power tools manufacturer said Thursday that its fourth-quarter profit tumbled 77 percent from a year earlier, resulting in job cuts totaling approximately 1,200 positions.

Volkswagen To Fire 800 Workers In Mexico

January 29, 2009 4:35 am | News | Comments

Automaker’s Mexico subsidiary has announced job cuts and temporary shutdowns aimed at cutting production by 20 percent at its Mexican plant.

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German Jobless Rate Hits 8.3 Percent

January 29, 2009 4:06 am | by George Frey, AP Business Writer | News | Comments

Unemployment rate jumped by nearly a percentage point in January, a trend experts expect to continue as the global economic crisis continues to hurt Europe's largest economy.

AstraZeneca Cutting 6,000 More Jobs

January 29, 2009 4:02 am | by Pan Pylas, AP Business Writer | News | Comments

Pharmaceuticals company reported a small drop in fourth-quarter net income and said it would cut a further 6,000 jobs globally by 2013 as it looks to shore up its earnings.

Mass Layoffs Surge In 2008

January 28, 2009 9:59 am | by Christopher S. Rugaber, AP Economics Writer | Boeing | News | Comments

Labor Department reported Wednesday that 21,137 mass layoffs took place last year, up from 15,493 in 2007, and the highest annual total since 2001.

GM Ending Job Bank On Monday

January 28, 2009 9:01 am | by Bree Fowler, AP Auto Writer | News | Comments

Job bank program, which gives union workers most of their pay and benefits while they are laid off, was the target of much ire during the automaker's requests for a federal bailout.

Union Membership Surges

January 28, 2009 6:30 am | by Sam Hananel, Associated Press Writer | News | Comments

Bureau of Labor Statistics says the ranks of organized labor rose by 428,000 workers -- the biggest annual gain since the government began compiling such data in 1983.

STMicroelectronics Cutting 4,500 Jobs

January 28, 2009 5:10 am | by The Associated Press | News | Comments

Swiss chip maker said Tuesday it is cutting about 9 percent of its worldwide work force after it posted a fourth-quarter net loss Tuesday.

U.N.: Global Unemployment Could Rise By 40 Million

January 28, 2009 5:05 am | by Eliane Engeler, Associated Press Writer | News | Comments

World unemployment by year's end will range between 210 million and 230 million people, a sharp increase over an estimated 190 million for 2008, said the U.N. labor agency.

SAP Slashes 3,000 Jobs

January 28, 2009 4:34 am | by George Frey, AP Business Writer | News | Comments

World's largest producer of business-software applications to axe 3,000 jobs worldwide to cut costs as its 2008 net profit fell 2 percent, weighed by a difficult year-end.

Caterpillar Retirees Lose Court Case

January 27, 2009 9:35 am | News | Comments

Federal appeals court has ruled against Caterpillar Inc. retirees who contend the company reneged on providing them free health care for life.

Volvo Laying Off 650 Workers In Virginia

January 27, 2009 8:16 am | News | Comments

Swedish vehicle manufacturer Volvo has announced permanent layoffs of 650 workers at its truck assembly plant in Dublin, Va.

Cooper Eliminating 2,200 Jobs

January 27, 2009 7:35 am | News | Comments

Electrical-equipment maker had said it would cut its work force by more than 1,000 employees, but as economic conditions worsened the company more than doubled the cutbacks.

Navistar Closing Plants, Cutting 700 Jobs

January 27, 2009 7:20 am | News | Comments

Company plans to end operations at its Indianapolis engine plant and its Indianapolis Casting Corp. foundry as of July 31, costing 700 workers their jobs.

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