Oct 1, 2015

Toshiba president hints at layoffs in struggling businesses

Struggling Toshiba Corp. may cut jobs as part of its restructuring of loss-making businesses such as semiconductors and home appliances, President Masashi Muromachi indicated Thursday, as the electronics-maker continues to reel from an accounting scandal. “When it comes to employment, we need to talk ...

Jan 9, 2015

U.S. jobless claims dip; 2014 layoffs lowest in 17 years

The number of Americans filing new claims for unemployment benefits fell last week and job cuts declined sharply in December, suggesting the labor market is tightening. Thursday’s reports support views of faster growth this year, driven by consumer spending, despite a faltering global economy. ...