Goodyear to close 92 U.S. stores, cut jobs

Seeded on Tue Aug 19, 2008 8:55 PM EDT (Reuters)

By Soyoung Kim DETROIT (Reuters) - Goodyear Tire & Rubber Co said it would close 12 percent, or 92, of its company-owned U.S. stores and cut 600 full- and part-time jobs as the U.S. economic downturn put more pressure on the company. ''In the...

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Schwarzenegger plans to slash state workers' pay till budget passes - Los Angeles Times

Seeded on Wed Jul 23, 2008 8:34 PM EDT (The L.A. Times)

About 200,000 employees would get the federal minimum wage, saving California roughly $1 billion a month. They would receive their back pay after a spending plan is enacted.

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GM readies for new round of job cuts

Seeded on Tue Jul 15, 2008 7:47 AM EDT (Reuters)

By Kevin Krolicki and David Bailey DETROIT (Reuters) - General Motors Corp Chief Executive Rick Wagoner is slated to announce the automaker's second major restructuring package in six weeks on Tuesday as the company looks to cut costs and win back...

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Toyota hunkers down to hold onto Texas truck market

Seeded on Fri Jul 11, 2008 11:31 AM EDT (Reuters)

SAN ANTONIO, Texas (Reuters) - Even though full-sized Tundra pickup trucks won't be rolling off the production line of Toyota Motor Corp's factory here next month, the world's biggest automaker is keeping 2,000 plant workers on the payroll while it...

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