Until now, their cuts have been more surgical ... announcement" Jim Owens, Caterpillar's CEO, said in a statement, "but decided it was better to communicate these plans with our employees as ...

Caterpillar's job cuts mark just ... facilities, under a plan to shave $1.5 billion a year from future expenses. The Peoria, Illinois-based company also cut its 2015 sales forecast by about ...

The pace of job cuts by U.S. employers accelerated again ... "Many companies appear to be reverting to a ‘do more with less’ approach." Technology companies bore the brunt of the job losses ...

China’s largest vehicle manufacturing group, SAIC Motor, plans to cut thousands of jobs this year as the sprawling ...

With companies increasingly focusing on profitability over growth, we’re likely to see more job cuts on the ... The post Lyft Layoffs 2023: Lyft Plans Job Cuts for 26% of Staff appeared first ...

more than triple Wednesday's closing price. Xilio also said it plans to reprioritize its resources and portfolio, resulting in the elimination of 15 jobs, or 21% of its staff. The company said it ...

Citing “dire” financial issues, St. Martin’s University in Washington plans to cut an unspecified number of jobs, local NBC affiliate King 5 ... and those who do attend often need more financial and ...

Ford Motor Co. (F) shares slumped lower Monday after the carmaker unveiled sweeping job cuts and investors reacted ... Ford also detailed plans in early June to invest $3.7 billion in new ...

Some tech startups -- such as Flexport, Bolt and Brex -- have slashed more deeply to ... Telecom Italia to cut 1,300 jobs this year : Sources Telecom Italia (TIM) plans to cut its workforce ...

Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that ...