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Friday, November 20, 2009

Video: Nokia to Cut 330 R&D Jobs

Nokia (NOK) said today it is cutting 330 jobs in its research and development operations. The cuts will affect 230 employees at its Oulu site in Finland, and 100 employees in Copenhagen.

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Thursday, November 19, 2009

Video - News Hub: A Slimmer New AOL

AOL announces will lay off a third of its staff as part of its restructuring. Barron.com's Eric Savitz comments on the news and the company's efforts to reinvent itself with Kelsey Hubbard and Simon Constable in the News Hub.

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Tuesday, November 10, 2009

Video: Layoffs Begin at AOL

AOL lays off roughly 100 employees. Plus, Droid sells well and the EU objects to Oracle's proposed acquisition of Sun.

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Thursday, November 5, 2009

Video: Another Bloodletting at Microsoft

Microsoft announces plans to sack another 800 employees. Plus, New York Attorney General Andrew Cuomo sues Intel and the App Store hits the 100,000 app milestone.

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Sunday, August 30, 2009

Video: How To Negotiate a Severance Package

Don't sign any termination papers until you're sure you've made the best deal you can.

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Thursday, May 21, 2009

Video: New jobless claims drop, rolls reach 6.7M

The number of newly laid-off workers requesting unemployment insurance dropped slightly last week after spiking due to auto layoffs, while continuing jobless claims moved closer to 7 million. (May 21)

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Wednesday, April 15, 2009

Video: 04/15 Round 3 Of Massive Job Cuts To Begin At Yahoo!

04/15/09 Web browsing giant, Yahoo Incorporated (YHOO) announced today that the company will begin getting ready for yet another round of massive job cuts within the company as it attempts to cut costs.

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Friday, April 3, 2009

Video: 04/03 Dell Inc. Orders More Job Cuts

04/03/09 PC maker Dell Incorporated announced today that they are looking to cut even more jobs from their assembly plant in North Carolina.

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Tuesday, February 17, 2009

Video: GM plan calls for $30 billion; 47,000 job cuts

General Motors Corp.'s restructuring proposal says the company may need up to $30 billion in government loans as it implements a survival plan that includes cutting 47,000 jobs and closing five more U.S. factories.

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Wednesday, February 11, 2009

Video - Obama: Caterpillar can rehire if stimulus passes

President Obama says the CEO of Caterpillar will rehire some laid-off workers if Congress passes the stimulus bill. Obama will visit Caterpillar on Thursday.

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Tuesday, February 10, 2009

Video - Business Update: FedEx job cuts

FedEx, the world's leading package shipper, is slashing 900 jobs at its freight unit, adding to signs there was little economic improvement in recent weeks. The Dow shed 9 points to 8,270. The S&P 500 rose more than a point to 869. The Nasdaq was little changed at 1,591. Conway Gittens reports from New York.

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Wednesday, February 4, 2009

Video: Panasonic To Cut 15,000 Jobs & Close 27 Plants

02/04/09 The Panasonic Corporation, after announcing a decline in 4Q earnings & lowering its annual forecast as it draws near its first annual loss in six years, announced plans to cut 15,000 jobs and close 27 factories in order to cut costs.

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Monday, February 2, 2009

Video - Money Minute: Construction, Chrysler, Macy's

Construction spending dropped 1.4 percent in December, the third straight monthly decline. The AP's Mark Hamrick reports.

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Saturday, January 31, 2009

Video: Fed. workforce swells as private sector shrinks

Companies are cutting jobs by the tens of thousands. But don't look for the federal government to start handing out pink slips.

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Thursday, January 29, 2009

Video - Pre Market: Starbucks

01/29/09 The stories, data, and stocks that may have the greatest impact during the next trading session.

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Tuesday, January 27, 2009

Video: Thousands of Jobs Cut

01/27/09 On Monday companies representing variety of sectors of the economy announced massive layoffs numbering in the thousands.

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Thursday, January 22, 2009

Video - Jan. 22: Dow slips on Microsoft layoffs

Stocks ended another fractious session with sizable losses.

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Friday, January 9, 2009

Video: Schlumberger Cuts Workers As Oil Demand & Prices Slide

01/09/09 The world's largest oil field services provider Schlumberger (SBL) announced today that it will cut about 5% of its workforce as low oil prices and demand has hurt their services.

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Friday, December 26, 2008

Video: Reverse Brain Drain

Chinese financial institutions, in a reverse brain drain, are looking to recruit from the ranks of recently laid-off finance sector employees.

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Tuesday, December 23, 2008

Video: Unisys Corp. Cutting Costs & Slashing Jobs

Technology services provider Unisys (UIS) announced today that in measure to cut costs amid weak product demand, the company will slash some 1,300 jobs.

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