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3/28/03
Instinet
Group Inc., citing ongoing cost-reduction efforts, plans to cut
an additional 175 positions, or 12% of its headcount.
3/27/03
With no warning
to employees, America Online laid off 170 at its Ogden facility
Thursday. The move leaves 600 at the customer-contact
center, 2261 Grant Ave. The layoffs were part of 425 terminations
at AOL call centers across the country. An office in Columbus, Ohio
was completely closed, according to Nicholas Graham, AOL spokesman.
3/27/03
America Online is closing a central Ohio call center with
100 employees less than a year after it opened. AOL established the
center in July as part of its Upper Arlington campus, 5000 Arlington
Centre Blvd., to handle calls and questions from members. At the time,
Dulles, Va.-based America Online said the center would employ 165.
But employment at the call center never topped 100, AOL spokesman
Nicholas Graham said. AOL decided to pull the plug on the operation
as part of a companywide strategic shift.
3/27/03
Sony Music Entertainment said it will begin laying off
about 1,000 employees, or approximately 10% of its world-wide work
force, as part of a vast restructuring of the music company under
the new chairman and chief executive, Andrew Lack.
3/26/03
In a bid to cut costs at a difficult time for the publishing
industry, Random House Inc. is offering early retirement to
employees who are 50 years or older. It is believed that a few hundred
of the company's estimated 3,000 employees in the U.S. are eligible
to participate.
3/24/03
Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings,
Inc., announced tat, in order to complete a restructuring process
begun several months ago to restore the Company's long-term financial
health, it has filed a voluntary petition for reorganization under
Chapter 11 of the U.S. Bankruptcy Code.
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