The group also said it would cut about 70 jobs in the coming months in order to trim costs.
Meanwhile, Circuit City, a big electronics retailer, said it would cut about 17% of its workforce and close 155 of its stores ahead of the Christmas season.
European banks have been hit particularly hard with Barclays saying this morning that it will cut about 3, 000 jobs this year after reporting a a 38% drop in profit for the first six months of the year.
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Hull City Council has confirmed it plans to cut about 171 posts, equivalent to 240 members of staff.
Tellabs also said that it plans to cut about 300 jobs in 2013 as part of a cost-cutting program.
FORBES: Tellabs Sags; Guidance Misses; Omits Div; Cutting 300 Jobs
General Motors, which is trying to break out of Chapter 11 bankruptcy protection, said it plans to cut about 4, 000 salaried positions by the end of the year.
But in 2005, under pressure from new, poorer EU member states from Eastern Europe, Tony Blair renegotiated the rebate - resulting in it being cut by about 20%.
Regional airline Flybe also said it was planning to cut about 300 jobs.
Regional airline Flybe has said it is planning to cut about 300 jobs as part of a programme to return the carrier to profitability in 2013-14.
Recently it said it would cut 600 jobs, about 5% of its 12, 000-strong workforce, to trim costs.
At the beginning of this year it said it would cut 600 jobs, about 5% of its 12, 000-strong workforce, to trim costs.
BBC: Premier Foods sells Robertson's and Hartley's for ?200m
American Superconductor this morning said it has cut its workforce by about 25% and is consolidating office space to reduce operating costs and improve liquidity.
FORBES: American Superconductor Cuts Staff 25%; Warns On Dec Qtr
So far, his government has been clearer about raising taxes (on the rich and on companies) and spending more, than about where it will cut items.
Autodesk said Thursday that it would cut 750 jobs, or about 10.0% of its workforce, as well as reduce its fourth-quarter guidance as it looks ahead to uncertain economic conditions in 2009.
The company said it will cut its global workforce by about 20%, or 1, 300 jobs worldwide. 41% of the jobs are in the semiconductor materials segment and 47% are in the solar materials segment.
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Columbia Sportswear said it didn't authorize this production, and cut ties with the Vietnamese factory soon after it found out about the practice.
Think about it, when I cut taxes on middle-class families, why did I do that?
It makes assumptions about how fast people cut consumption as prices rise, and about people shifting their energy use away from oil and gas.
Traditional leadership programs tend to perpetuate an organization's existing structures, but that won't cut it when we're talking about the challenge of managing a borderless workforce that's always in flux.
And if they're sincere about it, then I'm happy to have conversations about this tax cut versus that tax cut, or this infrastructure project versus that infrastructure project.
Debates about how to cut spending tend to get stuck in a sterile argument about whether it is best to dictate a standard reduction across the board and tell departments to get on with it (as happened in Sweden), or to pick on particular areas (as in Canada).
The shoulder pads you are probably talking about won't cut it.
The news about the pontiff was cut because it could hurt the feelings of a substantial number of Malaysians.
Though Apple took to the pages of The New York Times last week to respond to a chorus of criticism about Final Cut Pro X, it's clear the company is going to have to go a little further in assuaging videographers who were alarmed to learn that the built-from-the-ground-up software omits certain key features found in Final Cut Pro 7.
Just starting a new corporate initiative or media campaign about what is great about the Horn of Africa will not cut it.
The best news about the rate-cut announcement was that it was global.
Professor ELIOT COHEN (Strategic Studies, School for Advanced International Studies, Johns Hopkins University): It's very hard to make a clear-cut judgment about winning and losing.
She had sometimes looked for sea glass on the beach in San Clemente, and her housekeeper Fina had cautioned her about picking it up, because the edges could cut you even when the rest had been worn smooth.
And does it also include any common sense budgetary cut to which the President spoke about?
It cut itself off in mid-sentence, apologized, and in about 10 more seconds I was talking to an Apple tech.
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