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MySpace Slashes Nearly Half Of Global Staff

LOS ANGELES (AP) — Struggling entertainment site MySpace says it is cutting 47 percent of its staff worldwide, or about 500 people. http://cbsla.files.wordpress.com/2011/01/myspace-1-x.mp3KNX 1070’s...

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Boeing Announces Cut Of 900 Jobs From Long Beach Plant

LONG BEACH (CBS)  — The Boeing Co. announced Wednesday it will cut 900 of the 3,700 jobs at its Long Beach plant because of declining orders for C-17 cargo planes. The factory is expected to be closed...

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American Airlines Aims To Cut 13,000 Jobs

LOS ANGELES (AP) — The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the nation’s third-biggest airline remakes itself under bankruptcy protection....

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Yahoo To Cut 2,000 Jobs To Reduce Costs In Turnaround Effort

LOS ANGELES (AP) — Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don’t fit into his plans for turning around the beleaguered Internet company. The cuts announced...

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Comcast Plans To Take 1,000 Jobs Out Of Calif.

SAN FRANCISCO (AP) — California’s struggling economy is taking another hit of bad news: Cable provider Comcast says it is closing its three customer call centers in Northern California and moving the...

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160 LAPD Employees Could Be Laid Off

LOS ANGELES (AP) — Some 160 Los Angeles Police Department employees could be laid off by January 1 under a cost-cutting plan announced by Chief Charlie Beck. In a memo posted on the department’s...

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Intel To Cut 12,000 Jobs As It Confronts Decline In PCs

SAN FRANCISCO (AP) — Intel says it will cut 12,000 jobs — about 11 percent of its workforce — as it reorganizes to confront a decline in sales of personal computers. The chipmaker said the cuts will...

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