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GM to Cut Jobs, Bonuses, Dividends

July 15, 2008
In addition to an unspecified number of layoffs among salaried workers, GM says it will eliminate health care coverage for U.S. salaried retirees over 65, effective January 1. Those workers will receive a pension increase to help offset losses.
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Fidelity Lays Off Workers Here and Abroad

June 5, 2008
The reduction in jobs resulted from the Boston-based fund firm’s restructuring efforts. Some employees in the corporate human resource division, which serves Fidelity employees, were laid off.
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Ford to Lay Off Salaried Workers

May 28, 2008
Because Ford wants the cuts made by August, the company doesn’t expect to offer voluntary packages. Reports add the automaker will cut 10 percent to 12 percent of its salaried workforce, or more than 2,000 employees.
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