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Chicago News |
| Companies that have downsized battle to keep morale high among remaining workers |
| There are also cost-effective ways to soften the blow of a termination or pay cut, no matter what the size of the company involved |
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| Firms still cautious on recovery |
| U.S. manufacturers expect to have to resort to more cost-cutting to cope with the slow pace of economic recovery from recession, according to a new industry survey. Seventy percent of the more than 300 companies polled by the National Association of Manufacturers said they plan to preserve profits by aggressively cutting costs.
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| Andersen loss would sting Chicago |
| The criminal indictment of Andersen promises to leave a trail of disrupted businesses and dislocated careers |
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| Kmart Judge OKs Fresh Financing |
| A bankruptcy court approved $2 bil in fresh financing for Kmart Corp. plus up to $150 million in bonuses for employees who help the company get off the rocks. |
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| United Chief Discusses Co.'s Future |
| The nation's 2nd largest carrier edged close to a settlement Wednesday with its 23,000 ramp workers and public contact workers, after mechanics and aircraft cleaners approved a new 5 year contract the previous day. |
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| Logistics Management completes acquisition |
| Logistics Management Resources Inc. has announced that is has recently completed the acquisition of Interstate University Inc. |
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| Regional
News |
| Monster Eyes Local Ads |
| The company, a unit of New York-based recruitment and yellow pages ad giant TMP Worldwide, plans to unveil the first of more than 100 local job sites on April 1, beginning with Cincinnati, Ohio. |
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| Monster Eyes Local Ads |
| The company, a unit of New York-based recruitment and yellow pages ad giant TMP Worldwide, plans to unveil the first of more than 100 local job sites on April 1, beginning with Cincinnati, Ohio. |
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| Tech sector gloom deeper than appeared |
| Nortel's revenue base drop by more than 50 percent, forcing the Brampton, Ontario-based company to slash its work force from 95,000 at the start of 2001, to about 49,000 today. |
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