MeadWestvaco to cut 2,000 jobs
Packaging maker MeadWestvaco Corp said on Thursday that it planned to cut 2,000 jobs, or about 10 percent of its workforce, in a bid to lower costs in the face of a widening global recession.
BERLIN Troubled German lender Hypo Real Estate Holding AG says it plans to cut about 1,000 jobs by 2013 more than half its current work force.