Delphi to shut plants, cut jobs to step up restructuring plan

Article Abstract:

Delphi Automotive Systems Corp. will shutdown nine plants and downsize approximately 5% of its work force as part of a company restructuring. Delphi will eventually layoff 11,500 workers.

Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Automotive parts industry, Automotive parts, Delphi Corp., DPH

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Yahoo to raise revenue, cut 12% of jobs

Article Abstract:

Yahoo Inc. has introduced a restructuring plan for increasing revenues. The company will also reduce its workforce by 12% or 400 jobs.

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Finance, Online services, Internet services, Yahoo! Inc., YHOO

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Russell plans 200 job cuts, consolidation of two units

Article Abstract:

Athletic uniform manufacturer Russell Corp. will layoff over 200 employees and merge two units together. The moves are part of the company's plan to save up to $50 million by the 2003 year.

Knitting Mills, Knit Goods, Apparel Knitting Mills, Clothing industry, Russell Corp., RML

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