Aug 22 2008

Embarq cutting up to 700 job - will your job be cut next?

Telephone network operator Embarq Corp annoucned on Friday that it will be cutting 500 to 700 jobs which is about 4 percent of its work force.
Embarq also stated it was terminating about 300 contract positions to reduce expenses.
They expect all job cuts to be completed in the fourth quarter. The company’s shares were up 15 [...]

Aug 22 2008

Diebold job cuts to begin Oct. 17

Diebold Inc. the maker of ATM and voting machines has notified the state it plans to shut down two Hebron facilities and cut about 100 jobs.
More than 60 affected workers will be let go by the end of November, while the last terminations will take place by February 27, 2009.