Hillenbrand cuts 230 jobs, lowers its earnings forecast
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Hillenbrand Industries Inc. said Thursday it is cutting 230 jobs to lower costs. The company also cut its earnings forecast for the year ending this month.
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EquiFirst Corp., a subprime mortgage unit of British bank Barclays Plc , on Tuesday said it will cut an unspecified of number of jobs to cope with the U.S. housing slump.
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Hershey co.  on Thursday said it  would cut about 1,500 jobs and reduce the number of production  lines it operates by more than a third as it tries to  streamline manufacturing to improve profits.
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Hasbro Inc , the world's second-largest toy and game company, announced plans to improve productivity at its Massachusetts facility on Wednesday, a move that will cut 200 jobs.
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Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather the worsening housing slump and sagging demand for home loans.
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Dow Jones & Co. on Wednesday cut its  earnings forecast for the current quarter, citing weakness this  month in key advertising categories at its flagship newspaper,  The Wall Street Journal.
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.
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Cardinal Health Inc., the second- biggest US drug distributor, reduced its fiscal 2005 forecast and said it will cut 4,200 jobs as opportunities for profiting from drug-price increases decline.
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ABN Amro, the Netherlands' largest bank, is cutting 2,850 jobs as a result of falling profits.
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Morgan Stanley  will slash more than 1,000 jobs in the coming week, trimming costs ahead of what it expects will be a tougher business environment, a person briefed on the moves said on Thursday.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said it would cut 1,000 jobs  in three of its units as it puts its effort behind wireless  communications in an increasingly competitive market.
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State Street Corp. said it will eliminate 425 jobs as a cost-cutting move after the financial firm yesterday reported a weak third quarter in which earnings fell 13 percent because of a sharp drop-off in lending and trading activities in securities markets.
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MIAMI -- Lennar Corp., one of the nation's biggest homebuilders, cut its third-quarter earnings projections Friday due to a decrease in new orders amid softening in the housing market. Its shares fell nearly 2 percent.
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Nokia is laying off 2300 employees at a German factory and moving production to lower-cost sites.
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Pfizer Inc.  said on Tuesday it would cut its U.S. sales force by about 20 percent, or some 2,200 jobs as part of a comprehensive cost-cutting program.
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Pfizer Inc.  said on Tuesday it would cut its U.S. sales force by about 20 percent, or some 2,200 jobs, as part of a comprehensive cost-cutting program.
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Nortel Networks Corp. will cut 250 fewer jobs than it first expected but nearly a quarter of the 3,250 employees facing pink slips over the next nine months are slated to come from Ottawa, the company revealed yesterday.