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Mack announces layoffs, citing weakened demand for trucks

2015-12-15 18:10:05| Automakers - Topix.net

Mack Trucks Inc. plans to lay off 400 people, or more than 20 percent of the work force at its Pennsylvania manufacturing facility. The plant in Lower Macungie Township, near Allentown, assembles every Mack truck built for the North American market and export.

Tags: demand trucks citing announces

Citing Slow Sales, Caterpillar Announces Layoffs and Reorganization

2015-09-28 23:24:00| ENR.com: Headline News

Facing soft demand in the mining sector and slow overall global sales, Caterpillar Inc. announced on Sept. 24 that it would be reducing its workforce by at least 4,000 to 5,000 employees, with total reductions of 10,000 possible through 2018.

Tags: sales slow citing announces

Sprint Announces Layoffs, Number of Affected Employees Unknown

2014-10-04 23:27:17| IT Services - Topix.net

The nation's third-largest wireless carrier has announced that it'll be cutting jobs, though it hasn't yet identified just who will be getting the axe-or how many people. The company made notice of the layoffs in a regulatory filing published with the Securities and Exchange Commission this Friday.

Tags: number unknown employees affected

Sprint announces layoffs, $160M in severance

2014-10-04 01:05:58| IT Services - Topix.net

In a Friday filing with the Securities and Exchange Commission, Sprint said that it began a workforce reduction plan to reduce costs and help it become more competitive in the marketplace on Sept. 30. Sprint said it expects to recognize a charge of about $160 million in the second fiscal quarter of 2014 for severance-related costs.

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