Employment News
Lexmark Cutting 825 Jobs
By joshua | Dated: 10-20-2009
Facing a drop in third quarter profits, Lexmark announced it was cutting 825 jobs this month. The job cuts span several areas of the company’s business. Lexmark expects to save $70 million next year and over $100 million in 2011 as a result of the cuts.Demand is rising for Lexmark products, but restructuring costs have forced profits down. In premarket trading, shares of Lexmark were up $2.08 following the news of the job cuts.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
I like the volume of jobs on EmploymentCrossing. The quality of jobs is also good. Plus, they get refreshed very often. Great work!
- Roberto D Seattle, WA
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
