Andover firm plans layoffs
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Enterasys Networks Inc. , which makes computer networking equipment, said it will cut 115 jobs, or 12 percent of its workforce, to save $9.5 million annually after posting 14 straight quarterly losses. The firings will lead to charges in the fourth quarter of 2004 and in the first quarter of this year of $3.5 million to $3.8 million, the Andover-based ...
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BOSTON A published report reveals that Bank of America plans to lay off hundreds of tellers and other branch employees at Fleet banks today.
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Bank of America Corp. BAC.N, plans  on Wednesday to lay off hundreds of tellers and other employees  at Fleet bank branches, and ask them to leave immediately, the  Boston Globe said on Wednesday, citing documents it obtained  and Fleet branch managers.
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Drug wholesaler Cardinal Health Inc. Monday set a three-year restructuring plan that involves cutting jobs, closing 25 facilities and buying back $500 million in stock.
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Bank of America Corp. plans to lay off hundreds of tellers and other branch employees at Fleet banks today, asking them to leave the building immediately as part of the process, according to documents obtained by the Globe and Fleet branch managers told of the decision.
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Keane Inc. has notified Massachusetts officials that it plans to cut more than 26 percent of the jobs at its US headquarters in Boston over the next six months.
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Jobs are threatened in Newtown as one firm announces it may cut 70 jobs and another goes up for sale.
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The nationâs premier center for plumbing the mysteries of the universe in the tiniest bits of matter is planning to lay off more than 10 percent of its employees.
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Whirlpool Corp  said on Thursday  it planned to close two refrigerator plants and cut about 1,250  jobs in a restructuring expected to cost $15 million to $20  million, while adding 875 jobs at two other plants.
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Cardinal Health Inc., a medical products and services company, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.
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Hundreds of branch employees at Fleet Bank, one of the largest banks in Philadelphia and now part of Bank of America, are being laid off Wednesday across the Northeast.
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Battered by a downturn in the housing market, the company is laying off 500 workers at its headquarters in Atlanta, or about 10 percent of its work force there.
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Whirlpool Corp  said on Thursday it planned to close two refrigerator plants and cut about 1,250 jobs in a restructuring expected to cost $15 million to $20 million.
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Challenger survey finds most job cuts in 6 months; seasonal hiring by retailers lifts new jobs. NEW YORK (CNN/Money) - Employers increased both hiring and layoff plans in August, according to a survey released Tuesday by an outplacement firm.
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United Airlines said it is laying off about 825 customer service employees, ramp workers and other airport staffers as it tries to slash costs and get out of bankruptcy.
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Wireless carrier Sprint Nextel Corp  plans to lay off several thousand employees, the Wall Street Journal reported on Monday.
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The move concentrates one of the company's four major business lines in the city and seeks to reassure Massachusetts officials that it is committed to the Northeast.