1. Firms will have to shed thousands of workers and hand over management control to make themselves attractive to outside investors. 2. In response, Texaco has gone through a wrenching reorganization, shedding thousands of jobs. 3. It has already restructured, shedding thousands of jobs and selling nonessential businesses. 4. Many U.S. cities were reporting job losses last year, with cities such as Denver, Seattle, Atlanta and New York shedding thousands of jobs. 5. Swiss banks have shed thousands of jobs in the past two years in a bid to boost their lagging domestic earnings. 6. The company is still struggling to recover from deep cuts in Pentagon spending, and over the last several years it has shed thousands of jobs in Southern California. 7. Whites are facing increasing competition, particularly at the lower rungs of the work force, as the economy sheds thousands of jobs. 8. Job growth nationwide fell to the slowest pace in eight years with auto plants and other factories shedding thousands of workers in December. 9. NTL has shed thousands of jobs to cut costs. 10. NTL has shed thousands of jobs in a bid to cut costs and has appointed strategic advisers to come up with a refinancing strategy, expected in the autumn. |