Friday 1 July 2016
 
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job cuts

Boeing to cut more than 4,500 jobs

Boeing will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year and another roughly 550 jobs in a division that conducts flight and lab tests, company spokespeople told Reuters. The plane mak

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Yahoo eyes 15pc job cuts alongside spin-off

Yahoo said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 per cent of its workforce, even as it continues with its plan to revamp the business and spin it off. The a

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Yahoo eyes 15pc job cuts alongside spin-off

Yahoo said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 per cent of its workforce, even as it continues with its plan to revamp the business and spin it off. The a

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Air France staff storm meeting on job cuts

Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to journalists at the scene. Television images showed airline human resources and labour relat

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Microsoft hangs up on Nokia business

Microsoft Corp said on Wednesday it would cut 7,800 jobs, or nearly 7 per cent of its workforce, and write down about $7.6 billion related to its Nokia phone business. Most of the job cuts will be in the phone hardware business, u

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Microsoft hangs up on Nokia business

Microsoft Corp said on Wednesday it would cut 7,800 jobs, or nearly 7 per cent of its workforce, and write down about $7.6 billion related to its Nokia phone business. Most of the job cuts will be in the phone hardware business, u

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Microsoft plans major job cuts: NYT

Microsoft Corp, the world's largest software company, plans to announce a new round of layoffs as early as Wednesday as it tries to cut costs further, the New York Times reported. The latest job cuts are in addition to the 18,

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MAN eyes 2,000 job cuts in VW-led trucks revamp

Germany's MAN could cut as many as 2,000 jobs at its main trucks division as the Volkswagen-owned company slims operations under a wider reorganisation of production, company and union sources said. Management and union offici

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MAN eyes 2,000 job cuts in VW-led trucks revamp

Germany's MAN could cut as many as 2,000 jobs at its main trucks division as the Volkswagen-owned company slims operations under a wider reorganisation of production, company and union sources said. Management and union offici

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HSBC overhaul, up to 50,000 job cuts

HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief executive Stuart Gulli

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