Engineering firm Georg Fischer to cut 2,300 jobs
AP , 05.28.09, 03:24 AM EDT Swiss engineering firm Georg Fischer said Thursday it is cutting 2,300 jobs worldwide - or 16 percent of its work force - as part of a drive to cut costs and return to profitability.
AllianceBernstein said it cut more than 200 jobs in the first quarter, with more cuts to come, in a bid to reduce costs.