job cuts

Botox is Allergan's top-selling drug. AP Photo

Allergan to cut 1,500 employees in restructuring

Botox maker Allergan will cut about 13 percent of its workforce as part of a push to become more efficient while it fights a hostile takeover bid from Valeant Pharmaceuticals. The Irvine, California, company said […]

07/22/2014

This photo taken with a fisheye lens on July 3, 2014 shows Microsoft Corp. signage outside the Microsoft Visitor Center in Redmond, Wash. Microsoft on Thursday, July 17, 2014 announced it will lay off 18,000 workers over the next year.  (AP Photo Ted S. Warren)

Microsoft to cut up to 18,000 jobs over next year

REDMOND, Wash. (AP) – Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April. With the Nokia deal, Microsoft’s […]

07/17/2014

The exterior view of JPMorgan Chase offices in San Francisco. (AP Photo/Paul Sakuma, File)

JPMorgan to cut 8,000 jobs this year

JPMorgan Chase plans to eliminate 8,000 jobs this year as its mortgage business shrinks and the giant bank aims to control costs at its branches. About half of those job cuts had already been announced. […]

02/25/2014

PayPal to cut 325 full-time jobs

NEW YORK (AP) – PayPal is cutting 325 full-time jobs to streamline its business and speed up product development amid intense competition from plucky startups and established companies such as Google. The company also is […]

10/29/2012

Best Buy to cut 2,400 jobs in turnaround effort

(AP) – Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restructure operations and improve results. The cuts […]

07/06/2012

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