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Shutdown furloughs set to spread to contractors

2013-10-03 05:12:12| Paper - Topix.net

Defense contractor United Technologies announced Wednesday that 2,000 of its workers will likely be furloughed starting next week in light of the government shutdown, joining the estimated 800,000 federal employees who have already been sent home.

Tags: set spread contractors shutdown

Shutdown furloughs set to spread to contractors

2013-10-03 04:37:21| Industrial Machines - Topix.net

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Tags: set spread contractors shutdown

IBM furloughs US employees to cut costs

2013-08-06 12:14:15| Semiconductors - Topix.net

International Business Machines Corp has said it's requiring the majority of U.S. employees in its hardware unit to take a week off with reduced pay, cutting costs as demand slows for products such as servers.

Tags: costs cut employees ibm