Rural operator CenturyTel closed its purchase of Embarq Corp on Wednesday and the head of the new company said it would take a month or so to figure out how many jobs it needs to cut meet savings targets. 

CenturyTel, which is changing its brand to CenturyLink, expects a large amount of the $400 ...Read More

Wednesday announced the board approval for a restructuring plan which calls for the shutdown of a number of manufacturing assets in the U.S. This is in line with the company's plans to focus on the lucrative business of specialty chemicals, rather than on basic chemicals. The implementation of the r...Read More

Virgin Atlantic Airways Wednesday said that up to 600 jobs were on the line as it plans to cut winter capacity by 7% compared to last year's flying schedule. 

The airline has decided not to operate its daily service between London Heathrow and Chicago for the winter season 2009/10 and will be sus...Read More

InFocus Corp. on Wednesday said a previously announced plan to cut its workforce by 30% will be more severe than initially expected.

InFocus, which develops projector technology, is consolidating operations into its Wilsonville headquarters with the exception of sales, which will maintain a prese...Read More

Briggs Stratton will eliminate 430 jobs and close its Jefferson facility that makes pressure washers and portable generators by mid next year.

Ninety to 100 additional employees, who are salaried, will be offered relocation packages.

The world's largest manufacturer of small gasoline-powered e...Read More

Acushnet Co., the maker of Titleist golf balls and one of the largest patent holders in Massachusetts, is cutting staff levels because of a drop in demand for its golf products, according to a report.

The Fairhaven-based company will be laying off 77 employees at golf ball plants in North Dartmou...Read More

Ontario Systems, a local software company that laid off 126 employees in December, shed another 35 jobs today.

The company confirmed reports of layoffs, but president and CEO Tony Reisz told The Star Press that the new layoffs were not related to the company’s financial picture.

Reisz said tod...Read More

The Venetian and Palazzo hotel-casinos in Las Vegas have laid off 194 employees since Monday in response to the continuing economic downturn and the resulting drive to cut costs.

"It's an effort to continue to right-size our business," Las Vegas Sands Corp. spokesman Ron Reese said, adding the la...Read More

DRINKS giant DIAGEO is axing 900 jobs in a shake up that will close one of Britain's oldest distilleries. 

The group — home to Johnnie Walker and Smirnoff — said it wants to slash costs by £40million a year. 

Bryan Donaghey, managing director of Diageo Scotland, said: "These decisions have bee...Read More

Belfast's Moss Inc.'s new restructuring plan means 50 people will soon be out of work.

The company manufactures tensioned fabric structures, printed graphics and display hardware used by major corporations to display and market their products at trade shows and other events.

The manufacturing ...Read More