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O.co Shutters at Least Three Businesses, As It Questions New Commerce Models

Tricia Duryee in Commerce on November 6, 2011 at 6:30 pm PT

O.co has shut down three of its product categories, and a fourth is on hold, after some of its experiments over the past couple of years have not penciled out.

Bank of America Closing Branches You Never Went to Anyway

John Paczkowski in News on July 28, 2009 at 11:01 am PT

Remember the last time you set foot in a real brick-and-mortar bank? Me either. And we’re not the only ones. With more and more people managing their financial affairs via PC and mobile device, a bank’s retail presence no longer need be as ubiquitous as it once was. The latest institution to realize this–Bank of America, which, according to The Wall Street Journal, plans to close up to 10 percent of its 6,100 branches across the country over the next three-to-five years.

There Once Was a Man Named Dell, Who Told 1,900 Workers “Go to Hell," Redux

John Paczkowski in News on March 25, 2009 at 7:45 am PT

Ireland’s “Celtic Tiger” is looking more and more like Bloom County’s Bill the Cat these days and Dell’s decision to shutter its plant in the Irish city of Limerick certainly won’t improve matters. According to report by Forfas, the country’s policy advisory body for enterprise and science, the closure will cost the region almost 9,500 jobs–nearly four times the 2,510 that will be lost by the closure itself.

There Once Was a Man Named Dell, Who Told 1,900 Workers “Go to Hell,” Redux

John Paczkowski in News on March 25, 2009 at 7:45 am PT

Ireland’s “Celtic Tiger” is looking more and more like Bloom County’s Bill the Cat these days and Dell’s decision to shutter its plant in the Irish city of Limerick certainly won’t improve matters. According to report by Forfas, the country’s policy advisory body for enterprise and science, the closure will cost the region almost 9,500 jobs–nearly four times the 2,510 that will be lost by the closure itself.