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Corning Inc. has conducted multiple layoffs in 2024. In February, the company said it would eliminate 107 jobs, or about 20% of the workforce, at the Erwin Plant on Addison Road in Painted Post ...
BRUSSELS (Reuters) -Glass maker Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an investigation, EU antitrust ...
The layoffs, about 20% of the Erwin Plant workforce, will take effect in mid-May. Corning Inc. said a production line is shifting to another facility.
A Corning Inc. spokesperson said the cuts represent approximately 2% of the company’s global workforce of about 50,000. A look at the Corning Incorporated headquarters in downtown Corning.
Corning is facing European Union antitrust scrutiny after the bloc's watchdog said Wednesday it's investigating the speciality glass maker's exclusive deals for its Gorilla Glass used in cellphones.
Corning Inc. has been awarded up to $32 million in federal funding to expand its Canton, New York, facility, creating more than 300 jobs in support of the semiconductor industry. ... In Other News.
WETM 18 News at 10 currently competes with another half-hour newscast airing on Fox affiliate WYDC, channel 48 (which is taped in advance). WETM-DT2 formerly simulcast the newscasts from the main channel before becoming an Antenna TV affiliate. Currently, WETM-DT2 replays the 6 p.m. newscast at 7 p.m.
Now, the good news is that Corning generates more free cash flow than it reports as net income -- $938 million over the past year. The bad news is this still leaves the stock trading for a pricey ...