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Exxon's job cuts are another sign that the oil industry is still in a slump
Demand for oil has come back a bit, but it's still lower than it was before the pandemic.
Three ways 3M's results reflect the broader economy
Because it makes everything from Post-its to plane parts, the company's performance says a lot about where this economy is.
Recent layoffs could be a sign of lessons from the Great Recession
Major company layoffs are not tied to economic worries necessarily.
What Eli Lilly's job cuts mean for the future of sales jobs
Eli Lilly is reducing its U.S. sales force, reportedly by 30 percent. How have digital and other advertising practices changed the nature of sales?
Bank of America to cut home lending, branches
Bank of America, bloated by national expansion and saddled with bad mortgages, is speeding up its plan to cut 30,000 jobs. The Wall Street Journal says the bank could reach its downsizing goal a year early.
The best corporate spin of the year
It seems that corporations always revert to a special kind of jargon when it comes to bad news.
BofA to cut 30,000 jobs
As part of an effort to cut expenses by $5 billion a year over the next two years, U.S. banking giant Bank of America confirmed today that it will...