Boston Scientific Corp. says it plans to shed as many as 1,500 jobs worldwide, or about 6 percent of its work force, in an effort to cut costs.
AOL Inc. is laying off up to half the workforce at its Patch local news sites and shuttering or consolidating roughly 150 of the 900 sites while looking for partners for others.
Pawtucket, R.I.-based Hasbro plans to cut about 10 percent of its workforce and consolidate facilities to reduce expenses.
Shaw’s Supermarkets announced on Friday that they plan to lay off about 700 in-store workers.
The UMass Memorial Health Care hospital system plans to eliminate 140 full-time positions as it seeks to find $80 million in cuts and new revenue for the fiscal year that starts in October.
Gov. Deval Patrick has signed a bill into law that will ensure a teacher’s evaluated job performance is the main factor considered when a school faces staffing decisions. Patrick signed the bill into law just days after it passed in both chambers of the legislature.
Gov. Lincoln Chafee says former Red Sox pitcher Curt Schilling’s video gaming company is again in violation of a loan guarantee agreement with the state after it failed to notify state officials of mass layoffs.
Hewlett-Packard Co. plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
Unemployment numbers for January are due Friday, but we’re getting some grim news now.
Forty people nationwide have been fired after last summer’s contentious Verizon strike. Lisa van der Pool has that and more of the top local business headlines.