HSBC will cut up to 25,000 jobs to reduce costs and shift its center of gravity further toward Asian economies where it started out 150 years ago.
The number of Americans filing new claims for unemployment benefits fell last week, pointing to labor market resilience despite moderate economic growth.
Consumer spending rose in March and the number of Americans filing new claims for weekly jobless benefits tumbled to a 15-year low last week.
n attorney for a lender that lost a bankruptcy auction for electronics retailer RadioShack has asked a Delaware judge to reopen the bidding.
Target is laying off 1,700 workers and eliminating another 1,400 open jobs as part of a restructuring aimed at saving $2 billion over the next two years.
Target plans to cut several thousand jobs, mainly from headquarters locations, as part of a restructuring that will cut $2 billion in costs over two years.
Falling oil prices have led to 31,000 layoffs in the U.S. oil industry. I wouldn't be surprised to see highly leveraged oil producers go out of business.
Coca-Cola says it will cut between 1,600 and 1,800 jobs in coming months as it looks for ways to streamline its business and cut costs.
U.S. Steel says it will temporarily idle its pipe manufacturing plant in Ohio and lay off 614 workers, largely due to weak demand from the oil industry.
JPMorgan Chase says it will cut more than 3,000 jobs than previously expected in its retail banking unit.
Struggling retailer Sears Holdings will lay off at least 5,457 employees and close over 100 stores, many before Christmas, a report says.
Trump Plaza shut its doors at 6 a.m. Tuesday, joining the Atlantic Club, the Showboat and Revel, each of which has closed this year.
Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul to revive its damaged brand after being hit by double passenger jet disasters.
Microsoft is planning its biggest round of job cuts in five years as the software maker looks to integrate Nokia Oyj's handset unit, a report says.
It's important to have three to six months of living expenses stashed aside for when the unexpected happens, from the bad (being laid off) to the good (a corporate transfer).
Disney says it is laying off 700 people from the interactive unit that makes video games and operates websites, about a quarter of the workforce in the division.
J.C. Penney will fire 2,000 people and close 33 underperforming stores as part of a revamped turnaround plan it hopes will stem ballooning losses.
Expired federal jobless benefits unexpectedly cleared an early hurdle Tuesday, offering a glimmer of hope to the long-term jobless and their families.
HP has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than planned expected to lose jobs by October.