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Headlines on VIAB

RealNetworks to cut 7.5 percent of work force

(NEW YORK)The digital-entertainment company RealNetworks Inc. said Thursday it will lay off about 7.5 percent of its workers, joining a growing list of technology companies forced to trim st...READ MORE
Today 10:07 AM EST
Keywords: RNWK, VIAB

Oil plummets on dire US jobs figures

(VIENNA, Austria)Oil prices plummeted Friday as the already battered market reacted to unexpectedly high U.S. unemployment figures--the latest dramatic evidence of recession in the world's largest ...READ MORE
Today 9:35 AM EST
Keywords: VIAB

AT&T to cut 12,000 jobs, 4 percent of staff

(NEW YORK)Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force.READ MORE
Dec 04, 2008 10:49PM
Keywords: ATT, CS, VIAB, AAPL, VZ

Oil plummets below $44 per barrel on economic news

(SINGAPORE)Oil prices were steady near four-year lows below $44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for global growth and demand for crude.READ MORE
Dec 04, 2008 10:22PM
Keywords: VIAB

Viacom to cut 850 jobs in response to downturn

(LOS ANGELES)Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media giant Viacom Inc. said Thursday it will slash about ...READ MORE
Dec 04, 2008 7:18PM
Keywords: VIAB, CBS, WMS, MWY, VIA

NBC Universal cuts 500 jobs, about 3 pct of staff

(LOS ANGELES)General Electric Co.'s media and theme park subsidiary, NBC Universal, this week laid off about 500 employees--about 3 percent of its work force of 15,000--as part of a plan to tri...READ MORE
Dec 04, 2008 7:09PM
Keywords: GE, VIAB

Employers announce a combined 20,000 jobs cuts

A round of more than 15,000 layoffs announced Thursday by AT&T Inc., DuPont and Viacom Inc. suggests a yearlong wave of job cuts is accelerating, just as the government is expected...READ MORE
Dec 04, 2008 6:04PM
Keywords: ATT, VIAB, CS, CRP, JPM, UTX, ADBE, VIA, WM


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