Company to Cut 1,500 Jobs as Part of a Restructuring.Announces the scheduled employee layoffs at Timken Co. in line with its restructuring program.EBSCO_bspWall Street Journal Eastern Edition
Reports on the decision of American Express to cut jobs in 2001 in an attempt to control costs. Plan of the company to push business travel operations online; Expected earnings of the company in the second quarter of the year; Reason behind the decline in the second quarter earnings....