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- Unwelcome spotlight on ITV headhunters
- The tortured ITV succession process has drawn criticism from recruiters and thrown an unwelcome spotlight on their industry.The board of UK's biggest commercial broadcaster is searching for a new chairman and chief executive at the same time, leaving it in what headhunters describe as a "worst-case scenario".Peter Waine, a...
- External links 2009-10-11
- Johnson & Johnson to slash workforce
- Johnson & Johnson on Tuesday announced that it would slash 6 to 7 per cent of its 117,000 global employees by 2011 as it cuts costs to weather the global downturn and increase spending on new products.The move comes as the company sees a sluggish recovery from the global...
- News items 2009-11-03
- Strike ballot for energy workers
- A strike by thousands of workers at oil refineries and power stations including Sellafield moved closer yesterday after unions gave seven days' notice of a ballot on industrial action.The move was the latest in a grinding row between employers and workers over jobs and conditions in the engineering construction...
- External links 2009-08-04
- Nasser to take reins at BHP
- Jac Nasser, the former chief executive of Ford, is to become chairman of BHP Billiton, taking over from Don Argus who has been chairman of the group since 2001 and will step down next year.Mr Nasser has been on the board of BHP Billiton since 2006 as a non-executive...
- External links 2009-08-04
- Q-Cells to cut 500 solar jobs
- Q-Cells, the world's biggest manufacturer of solar cells, on Thursday announced it would sack almost 20 per cent of its workforce in response to a slump in demand and a sharp drop in the price for solar components.The company said it would cut "permanently" around 500 jobs at its...
- External links 2009-08-13
- News Corp announces Star TV shakeup
- News Corporation on Tuesday unveiled details of a wide ranging shake-up of its Hong Kong-based Star Asian television business as James Murdoch, chairman and chief executive for Europe and Asia, looks to cut costs and consolidate overlapping businesses in the region.About 150 to 200 jobs at Star are expected...
- External links 2009-08-18
- Shell set to unveil job cuts
- Royal Dutch Shell, Europe's biggest oil company, is beginning a series of announcements about job losses as it extends the cost-cutting programme launched by Peter Voser, the chief executive who took over at the beginning of July.The cuts are expected to run into the thousands, after 150 out of...
- External links 2009-09-04
- MG Rover auditor given clean bill of health
- Deloitte, the auditor and tax adviser to MG Rover, has received a largely clean bill of health from the independent report on the collapse of the carmaker.Speculation has circulated for years in Birmingham that Deloitte could be censured by the study produced by barrister Guy Newey and forensic accountant...
- External links 2009-09-13
- Brussels to pore over Magna deal
- The European Commission is to scrutinise German backing for the takeover of General Motors' European operations amid concern that planned job cuts could be influenced by political factors, hitting plants in the UK and Belgium disproportionately hard.Signalling that she would take a tough line on the issue, Neelie Kroes,...
- External links 2009-09-14
- Duncan quits as Channel 4 chief
- Andy Duncan, chief executive of Channel 4, is to step down in a matter of days, ending months of speculation on his tenure of one of the most high-profile jobs in UK television, it emerged last night.Mr Duncan, who at the Edinburgh television festival two weeks ago dismissed reports...
- External links 2009-09-14
- Ex-Rover consultant linked to LDV
- Qu Li, a Chinese automotive consultant controversially employed by MG Rover, has emerged as a participant in talks to buy the assets of LDV, the Birmingham vanmaker that collapsed into administration in June.MG Rover was criticised in a recent government-sponsored report for paying £1.7m in commissions to companies associated...
- External links 2009-09-20
- Workers protest at Opel in Antwerp
- Several thousand local trade unionists and Opel workers from across Europe descended on the carmaker's Antwerp factory yesterday.They were there to signal their unity in the face of Europe-wide job cuts detailed by Magna International, the Canadian parts-maker which is leading a consortium to buy Opel from General Motors."Wir...
- External links 2009-09-23
- Lucozade hits the cold drinks road to China
- GlaxoSmithKline is set to launch one of its best-known consumer brands in China by selling the energy drink Lucozade through a Shanghai-based partner.The move marks a shift in strategy for the pharmaceutical group under Andrew Witty, the chief executive appointed last year, to spread risk and diversity by expanding...
- External links 2009-09-28
- ITV needs to fill top slots fast
- ITV finds itself in a "nightmarish" position of having to find both a chairman and chief executive and must move fast to avoid further damaging speculation, headhunters said yesterday.Friends of Sir Crispin Davis, the former chief executive of Reed Elsevier, confirmed he had been in talks with the board...
- External links 2009-09-28
- Political fury over F Telecom suicides
- Didier Lombard, chief executive of France Telecom, faced calls for his resignation yesterday as he found himself at a centre of a political storm in France following the 24th suicide by a company employee in 18 months.France's opposition socialists and far-left parties demanded that Mr Lombard quit the company...
- External links 2009-09-29
- M&S reports brighter trading as Rose promises to go quietly
- Marks and Spencer yesterday reported improving conditions on the high street as Sir Stuart Rose, executive chairman of the retail bellwether, insisted he would not outstay his welcome when a new chief executive was appointed next year.M&S said it was sticking to its plans to recruit a new chief...
- External links 2009-09-30
- GM board to reconsider Opel sale plan
- General Motors' board is set to meet on Tuesday to reconsider the planned sale of Opel to Canadian car-parts supplier Magna and Sberbank, the Russian bank.The reassessment of the long sales process, which has been fraught with political haggling over job cuts and state financing, comes after the European...
- External links 2009-11-02
- C&W veteran to take helm at 03B Networks
- O3B Networks, the Google-backed group seeking to provide satellite-based internet access to Africa, has recruited a former Cable & Wireless executive to take over from Greg Wyler, its founder, as chief executive.Mr Wyler, who pulled in initial funding from Google, HSBC and John Malone's Liberty Global cable group, will...
- External links 2009-11-02
- ITV's succession soap casts headhunters in an unflattering light
- The tortured ITV succession process has drawn criticism from recruiters and thrown an unwelcome spotlight on their industry.The board of UK's biggest commercial broadcaster is searching for a new chairman and chief executive at the same time, leaving it in what headhunters describe as a "worst-case scenario".Peter Waine, a...
- News items 2009-10-11
- Another depression is still on the cards
- Economists Forum Thomas Palley: Over the past year the global economy has experienced a massive contraction, the deepest since the Great Depression of the 1930s. But this spring, economists started talking of "green shoots" of recovery and that optimistic assessment quickly spread to Wall Street. More recently, on the...
- News items 2009-10-12
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