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.
Lockheed Martin will cut 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.
Boston Scientific plans to shed as many as 1,500 jobs worldwide, or 6 percent of its workforce, in an effort to cut costs.
Apple reportedly has begun snapping up BlackBerry employees near the company's corporate headquarters in Canada.
Here's a quick rundown from the world of business and economics this morning: the things you need to know, and some you'll just want to know
BlackBerry says it will lay off 4,500 employees, or 40% of its global workforce, as it reports a nearly $1 billion second-quarter loss in a surprise early release of earnings.
America's poverty rate remained stuck at 15 percent last year despite our slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor.
America's unions are in their worst state in almost a century. How did we get here, what can be done, and are they worth saving?
The number of one-man and one-woman businesses in the U.S. has grown 28% over the past decade, and it shows no signs of slowing. That's good news and bad news. Here's why:
Travelers waited more than an hour for flights in New York and experienced delays at other U.S. airports on Sunday evening as furloughs of air traffic controllers began.
A senior Transportation Security Administration official says so far, so good for airport travelers wary of the effects of automatic spending cuts that took effect March 1.
Eli Lilly plans to cut hundreds of workers from its U.S. sales force as the drugmaker prepares to deal with the loss of patent protection for two more top-selling drugs.
Low-wage workers, those earning $35,000 or less annually, are generally pessimistic about their finances and career prospects, a new survey finds.
Years of newsroom cutbacks have had a demonstrable impact on the quality of digital, newspaper and television news and in how consumers view that work, a new study finds.
The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation...