Lexmark to Explore Sale of Inkjet, Cut 1,700 Jobs
Aug. 28 (Bloomberg) -- In "Street News," Bloomberg's Sara Eisen reports on today's top stories including Lexmark’s plan to eliminate 1,700 positions and shut a factory in the Philippines as it explores a sale of its inkjet technology to bolster profitability. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
21:22 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)