YRC Worldwide Inc. on Friday reported another sizable loss and another round of layoffs. But the struggling Overland Park trucking company also extended a key lending agreement to October 2010 and expected to complete a debt exchange in December.
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By Andrea Estes, Globe Staff State probation officers have voted to take unpaid furlough days to prevent the layoff of 75 workers scheduled for next week. Members of NAGE voted 424 to 348 to accept eight furlough days rather than…
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It’s nearly Halloween again, which means it’s time for Time Inc. to terrify everyone with a gigantic bloodletting. Last year that meant the firing of 600 staff; this year it means the firing of however many workers $US100 million buys. (more…)
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American Airlines, US Airways and Boeing were among those announcing job cuts this week.
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