Many of the cuts, some 10% of the consumer-products giant's total workforce, will be in its huge marketing department. More
AMR
Recent Articles
Boeing and Airbus Have a Perception Problem
Reports Of A380 and 787 production flaws could make safety-worried passengers shun the new high-tech planes that are key to both manufacturers' fortunes. More
Wing Cracks Ground Airbus A380s Worldwide
All the superjumbo planes are now subject to a European safety directive and have been pulled out of service. More
Will AMR’s Layoff Lead to Takeoff?
Workforce cuts are a painful but necessary step, among many others, if a revival is going to happen after bankruptcy. More
Airline Stocks Remain Grounded…Except One
Here are several reasons for Southwest's success -- and why you should jump on the stock now. More
In-Flight Wi-Fi Provider on the IPO Runway
Gogo looks to leverage an increasingly "connected" population, and its improved financials make this an IPO to watch. More
5 Stocks Doomed to Disappear in 2012
These toxic companies bombed in 2011, and they're likely to be bought out -- or fall off the face of the earth entirely -- in the next 365 days. Watch these five vanish. More
