Enterprise software company CA, Inc (CA) will fire 1,000 people, about 7% of its work force. The firm will take a $50 million restructuring charge in the current year, according to an ... Read Full Story »
Chevron (CVX) said it would lay-off 2,000 people. The company issued a press release describing its plans which had the title "Chevron Well-Positioned For Future Growth" Firing employees must be integral to ... Read Full Story »
When new CEO Jonathan Schwartz took over in June 2006, Sun Microsystems (SUNW-NASDAQ) announced an 11-13% workforce reduction, and many investors thought that Sun was serious about getting costs under ... Read Full Story »