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GMAC To Cut 5,000 Jobs In ResCap Unit (WDET-FM Detroit) GMAC Financial Services has announced that it will eliminate as many as five thousand jobs in its mortgage unit. Detroit Public Radio?s Jerome Vaughn has more. SOQ The job reductions come in the company?s ResCap unit. The cuts ? which total roughly 60 percent of the subsidiary?s workforce ? come as a result of the continued downturn in the nation?s mortgage industry. The company will also ... Ericsson to cut 200 jobs in Spain (Reuters via Yahoo! News) Telecom equipment maker Ericsson (ERICb.ST) plans to cut 200 jobs in Spain under its previously announced cost savings program, a spokesman for the company said on Monday. Recycling plant to create 50 jobs (BBC News) A company plans to open a £12m recycling centre, which it says will create 50 jobs. Wallström backs plans to get women in top jobs by 2009 (theParliament.com) European commission vice president Margot Wallström has thrown her weight behind a new campaign to get more women into top EU jobs. Jones Lang Lasalle to cut 4-6 pct of English jobs (Reuters via Yahoo! Philippines News) LONDON, Sept 15 (Reuters) - Jones Lang LaSalle is cutting 60-80 jobs, or 4-6 percent of its workforce in England, due to the country's searing property market downturn, the global real estate services firm said on Monday. Stora Enso Cuts Capacity, Jobs (Packaging OnLine) Europe?s leading paperboard maker, Stora Enso, Helsinki, Finland, will eliminate 1,700 jobs as part of plans to cut capacity to improve profits. The company is closing assets with poor profitability, amounting to an annual capacity of 600,000 metric tons of board and paper. Study: DFW Among Top 3 Cities For New Jobs (NBC 5 Dallas Fort Worth) Even though the nation has lost nearly 400,000 jobs over the last year, the State of Texas is doing well. Macomb Co. Could Cut Jobs, Closes Hospital & Park (WDET-FM Detroit) Macomb County?s budget fix could mean layoffs and cuts in service. Macomb County is facing a $33million budget deficit. In an effort to balance the budget, the county could eliminate up to 430 jobs. County Commissioner Phil DiMaria says the board voted not to raise taxes or go to the voters for an increase. At the same time, he says the commission wants to save as many services and ... 5,000 lose jobs in UK following Lehman collapse (Islamic Republic News Agency) UK - Nuclear Some 5,000 people have lost their jobs in Britain following the collapse of Lehman Brothers, the third biggest US investment bank with interests worldwide, London's Evening Standard newspaper reported Monday. Jobs, Apple continue to face backdating allegations (MacNN) In spite of nearing the settlement of 19 cases, Apple and CEO Steve Jobs continue to face legal problems over backdating allegations, Bloomberg reports. An ongoing case is presently under seal at the Santa Clara County Superior Court, but the plaintiffs' lawyer, H. Adam Prussin, says he acting on behalf of shareholders, and using an approach "similar but not identical" to that of other ... | |
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