* Merrill Lynch & Co. Inc. said Friday it was thinking about staff reductions across the board, according to news reports. The Wall Street ... * Merrill Lynch & Co. Inc. said Friday it was thinking about staff reductions across the board, according to...
Alcatel said it will speed up its cost management initiatives in the United States and it involves a staff reduction of 2,500 and more ... Alcatel said it will speed up its cost management initiatives in the United States and it involves a staff...
A volatile North American auto industry is continuing to shake up employment levels for suppliers, with temporary layoffs and permanent staff reductions. The world's two largest suppliers, Delphi Automotive Systems Corp. (NYSE: DPH) and Visteon Co A volatile North American auto industry is...
OAK BROOK, ILL. -- McDonald's Corp. said it would "fully outline its plans to become more nimble and flexible for the future" through "significant organizational changes," including streamlining its U.S. operations from five to three divisions: East, Central and West. Staff reductions are expected. McDonald's also named Henry Gonzalez, who...
UNVEILING THE first steps in its restructuring plan aimed at slashing annual costs by $100 million by the second quarter of 2002, Hercules Inc. will initially eliminate about 300 jobs (3 percent of its workforce) and release an unspecified number o UNVEILING THE first...
Wood Middle School sixth- and seventh-grade science students have been picking through the trash on campus for more than a month. On Oct. 3, the classes sorted the bags of paper, food containers, plastic utensils, colored pencils and other detritus and conducted their first weigh-in. Much of...
In the best of times, business holiday parties include unfortunate, unflattering, unforgivable and unforgettable incidents. For instance, who remembers when Darlene from marketing climbed on stage and tried to impersonate Whitney Houston? Or when Bob from distribution was caught chewing out his boss, Jim, before they went...
HAYWARD -- Incoming Hayward school board trustees joined their colleagues on Monday for a look at what it will take to drastically trim the budget for the next school year. One thing was clear, they agreed: This round of cuts is going to hurt. ...
LITTLE ROCK, Ark. -- Dillard's, Inc. (NYSE: DDS) ("Dillard's") announced a strategic staff reduction of approximately 500 associates as part of its ongoing efforts to reduce operating expenses. The workforce reduction includes approximately 60 associates in Little Rock, Arkansas. Dillard's employs approximately 60,000 associates nationwide and approximately 2,400 in the...
By Tim Carpenter THE CAPITAL-JOURNAL Sheryl Nestelroad, Cole Brown and Andrea McMurray presented themselves Thursday as arguments against state government budget cuts. Each shared perspectives at the Statehouse on Gov. Kathleen Sebelius' recommendation that state agencies prepare for a 3 percent...
SAN LEANDRO -- Police Chief Dale Attarian has announced he is retiring on Dec. 30 after fewer than two years at the helm of the 142-person department. Attarian, 56, broke the news to his staff on Tuesday, three weeks after San Leandro voters failed to pass a...
SAN DIEGO, Nov. 21 /PRNewswire-FirstCall/ -- Vical Incorporated today announced a strategic restructuring including a staff reduction of 29 employees, approximately 20% of the company's total workforce, and accelerated closure of a research facility. Following the restructuring, the company will have approximately 120 employees and expects to reduce...
STOCKHOLM, Sweden -- Regulatory News: Seco Tools (STO:SECOB) has announced plans to cut 90 jobs in its Swedish factories in order to adapt production capacity to rapidly declining demand in the manufacturing industry. The job cuts refer primarily to the factory in Fagersta but also include...
NORDIC BUSINESS REPORT-20 November 2008-Seco Tools AB cuts jobs to adapt to weaker demandC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Swedish tool manufacturer Seco Tools AB (OMX Stockholm:SECO B) said on Thursday (20 November) that it will shed 90 jobs in Sweden as part of measures to adjust its operations...
NEW YORK -- Fitch Ratings has taken the following rating action on the U.S. residential mortgage master servicer rating for Washington Mutual Mortgage Securities Corp. WMMSC: --Master servicer rating downgraded to 'RMS2' from 'RMS2+'. Fitch Ratings also removes WMMSC's master servicer rating from Rating Watch Evolving....
CHESTERFIELD, Mo. -- Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) today announced a reorganization of its North America Region business unit management that will eliminate layers of management to reduce administrative and overhead costs. The Company expects to realize approximately $4.2 million in annual cost savings from these efforts....
THE JOBS CULL in the banking industry continued apace yesterday as Royal Bank Scotland prepared to cut 3,000 staff from its investment banking business, National Australia Group announced it is axing 350 at its UK banks Clydesdale and Yorkshire, and Citigroup staff braced themselves for another 10,000 redundancies worldwide. ...
Byline: By ADAM JUPP Chief Reporter CRUNCH talks will today take place in a bid to avoid call centre jobs cuts. Telecommunications giant BT yesterday announced plans to downsize its workforce by 10,000 people nationwide. The firm employs around 4,500 in the North East,...
NAPERVILLE, Ill., Nov. 13 /PRNewswire/ -- OfficeMax Incorporated today announced that, as part of its ongoing efforts to reduce operating costs in the current challenging economic climate, the company is eliminating approximately 245 corporate staff and field management positions in its North American operation. The company estimates this...
Byline: By EXAMINER News Correspondent TELECOMS giant BT is to axe another 6,000 jobs. The company said it had already cut 4,000 posts, leaving a further 6,000 to go between now and March. The redundancies are mainly among agency workers, contractors and offshore staff....
Articles 2008-11-13
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