Wireless equipment maker Ericsson says it will cut 2,200 jobs in Sweden as part of a 9 billion kronor ($1.1 billion) savings package.
Tag Archive for start up
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Amazon opens store for unique products from small businesses
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It may be the biggest online marketplace in the U.S., but a new store on Amazon will support the little guy.
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Catalog retailer L.L. Bean to triple stores by 2020
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PetSmart goes private as $8.7B sale closes
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PetSmart is going private, as a group of investors led by the buyout firm BC Partners completed their $8.7 billion acquisition of the pet store retailer.
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Flipboard magazines not just for mobile anymore
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Smartphones and tablets have been pushing the personal computer aside, thanks in part to popular apps made by mobile-first entrepreneurs like Flipboard CEO Mike McCue.
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Federal agency: Black staff targets of racism at Texas plant
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Federal authorities have determined that black workers at a North Texas food plant were exposed to dangerous work conditions and subjected to racial discrimination and a hostile work environment.
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Halliburton says it will eliminate at least 5,000 jobs
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Oil and gas drilling services company Halliburton says it will eliminate at least 5,000 jobs in response to falling oil prices.
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Pier 1 Imports plunges after again cutting year outlook
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Shares of Pier 1 Imports tumbled in aftermarket trading Tuesday after the home decor retailer cut its forecast for the fiscal year ending in February.
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Procter & Gamble to invest $500M in West Virginia facility
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Procter & Gamble said Tuesday that it plans to invest $500 million in a West Virginia manufacturing facility and expects to create 700 jobs.
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CarMax to hire more than 2,500 across the US
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Used car dealership chain CarMax says it plans to hire more than 2,500 workers across the U.S.