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Yahoo! News Search Results for jobs

JPMorgan cuts investment banking jobs: sources (Washington Post)
NEW YORK (Reuters) - JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earnings, people familiar with the situation said on Thursday.

Bank of NY Mellon to cut 1,800 jobs (Reuters via Yahoo! News)
Bank of New York Mellon Corp on Thursday said it plans to cut 1,800 jobs as falling equity markets reduce the assets it oversees, cutting into potential profit.

Union Chief Tries to Focus Auto Bailout on Jobs (New York Times)
The president of the United Automobile Workers union, Ron Gettelfinger, urged Congress to approve financial support for automakers to prevent millions of people from losing their jobs.

Peugeot Citroen to cut at least 2,700 jobs (AP via Yahoo! News)
French automaker PSA Peugeot Citroen said Thursday it plans to cut at least 2,700 jobs in response to the worsening economic crisis that has seen European car sales plummet.

AstraZeneca to axe 1,400 jobs in Europe, shuts three plants (AFP via Yahoo! News)
Anglo-Swedish pharmaceuticals giant AstraZeneca said Thursday it would slash 1,400 jobs by 2013 as it shuts factories in Belgium, Spain and Sweden.

Apple's Jobs Must Pay Lawyers Defending His Mansion (Update1) (Bloomberg)
Nov. 20 (Bloomberg) -- Apple Inc. chief Steve Jobs must pay attorney fees to a preservation group whose fight to stop him from demolishing a historic mansion he owns provided a ``significant public benefit,'' a California court ruled.

China warns jobs outlook 'grim' as economy slows (AP via Yahoo! News)
Chinese officials warned Thursday that the country faces a "grim" employment outlook with demand for workers falling and job seekers in the cities outnumbering new jobs by two-to-one as the economy slows.

AUTO TURMOIL: UAW may give up jobs bank to revive loans (Detroit Free Press)
The UAW is negotiating the possible elimination of its controversial jobs bank and is considering other concessions to help Detroit's automakers win low-cost loans from Congress, people familiar with negotiations said late Thursday.

Rolls-Royce to slash up to 2,000 jobs (CNN)
LONDON, England (AP) -- Rolls-Royce Group said Thursday it plans to cut up to 2,000 jobs next year as demand for its products slumps amid the global economic downturn.

Governments scramble to protect jobs as losses mount (AFP via Yahoo! News)
Governments scrambled to cushion the impact of the finance crisis Thursday with France launching a sovereign wealth fund and China unveiling a jobs protection plan as the car industry made huge new cuts.

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