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Colorado oil and gas drillers could slow down some operations as quarantines and flight cancellations due to the coronavirus reduce global demand for oil,…
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As PC sales fall, the Silicon Valley giant is struggling to remake itself to keep up with cloud computing and mobile. Intel recently announced the layoff of 11 percent of its workforce.
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Many laid-off workers continue the insurance they got on the job by paying for it themselves through an expensive option known as COBRA. The health insurance exchanges that open in October are likely to be a cheaper source for health coverage.
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School officials say they have to take tough steps to close a $1 billion budget deficit. Teachers say the administration is going back on a promise to keep cuts away from classrooms.
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Zynga, the social game maker behind the popular FarmVille franchise, is struggling. It was late getting into the mobile phone market as gamers moved away from computers. It plans to layoff 18 percent of its workforce by the end of summer.
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Greek lawmakers approved emergency plans to cut 15,000 government jobs by the end of next year. They have to do it in order to receive more European Union bailout funds.
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The Indianapolis-based pharmaceutical company announced on Thursday that about 1,000 sales representatives will lose their jobs. The Wall Street Journal reports the company made the move to cut costs so it can better compete with generic drug makers.
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As many eyes turn to Friday's employment report, new data offer a somewhat conflicting picture.
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Today Hewlett Packard Co. announced a restructuring effort that will cut 8 percent, or about 27,000 employees from its workforce.A spokesperson for HP…