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Purdue Pharma eliminates sales staff

The OxyContin maker is turning its focus to developing new medications for patients with cancer and certain central nervous system disorders.

CT marks job growth in May; unemployment rate unchanged

Retail and financial services led the way in May, with both now ahead of last year’s pace, said the state Department of Labor.

CT Labor Dept.: Unemployment down in 90 percent of municipalities

Within Fairfield County, both Redding and Wilton had the lowest unemployment rate in 2017 at 3.6 percent, followed closely by Ridgefield and Westport, both at 3.7 percent.

RBS cutting more jobs in Stamford

Earlier this month, the bank had announced it was also cutting nearly 800 jobs and closing 162 branches in England and Wales.

Connecticut lost 2,000 jobs in March

Connecticut lost 2,000 jobs during March, according to data released by the state’s Department of Labor (DOL). As a result, Connecticut's unemployment rate decreased by one-tenth of a point to 4.5 percent in March.

M&T Bank survey: Business optimism continues

According to the survey, 29 percent of firms plan to increase capital expenditures as a direct result of the tax cut package, and 25 percent plan to increase worker wage rates.

CT added jobs in January, but unemployment rate stays the same

Connecticut’s unemployment rate remained unchanged at 4.5 percent in January.

RBS laying off another 14 in Stamford

Moody’s has placed the struggling bank on review for a ratings downgrade.

Connecticut gained 6,000 jobs in December

Meanwhile, job losses were recorded for the Bridgeport-Stamford-Norwalk market.

Stamford’s Daymon Worldwide laying off 50-plus this week

In November 2017, Daymon announced it was merging with California-based Advantage Solutions.

CBIA: Latest CT jobs report indicates ‘full-blown crisis’

“We need bold reforms to jumpstart our stalled economy, and we need a retooling of our jobs pipeline,” CBIA economist Pete Gioia said.

Noble Americas Corp. cutting Stamford, Houston jobs

The job cuts are scheduled to take place by Dec. 31.

Connecticut lost 6,600 jobs in October

Connecticut has recovered 72.5 percent of the jobs lost in the recession, well behind the recovery rate of many states.

Marriott to lay off 107 workers in Stamford

The move will bring its total job cuts at 333 Ludlow St. to about 330 since it acquired Starwood Hotels and Resorts Worldwide last year for $13 billion.

Sterling Bancorp-Astoria Financial Corp. merger costing several local jobs

The combined bank will have approximately $30 billion in assets, $20 billion in gross loans and over $19 billion in deposits.