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layoffs, cost cutting
(Image from article: "Bank of America cuts 30,000 jobs")

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NBCUniversal lays off about 450 in budget cuts

NBCUniversal is laying off about 450 people, or roughly 1.5 percent of its workforce of about 30,000, in a round of belt-tightening that began in September.

 

Bank of America cuts 30,000 jobs

Bank of America cuts 30,000 jobs

Bank of America is to cut 30,000 jobs, or 10% of its workforce, over the next few years as part of a cost-cutting programme, the company says.

 

Time Inc. to Cut $100 Million; Extensive Layoffs Are Expected

Signaling that worse times are ahead for magazines, Time Inc. is expected to announce next week that it will cut $100 million from costs, including another big round of layoffs.

 

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