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UniCredit Cuts Jobs and Seeks $10.3bn Euro...
Italian bank UniCredit is to ask shareholders for 7.5 billion euros in new capital, cut 6,150 jobs worldwide and retreat from key business areas in a ...
November 14, 2011
Why Is BP Cutting Jobs?
BP is cutting three hundred jobs. Two hundred staff and a hundred contractors are expected to face redundancy. But why are the cuts happening? Watch t...
January 15, 2015
Sky News UK
The Family Dollar Stores Are Closing 370 L...
The Family Dollar Stores are in need of a major turn around a midst declining sales and profits. On Thursday they announced they will cut jobs. Profit...
April 11, 2014
McDonald's and Coca-Cola Cut Jobs
A big day on Wall Street had the Dow up more than 300 points. U.S. stocks skyrocketed for a second day. All the benchmarks are now higher for the year...
January 09, 2015
Environment Agency to Cut Jobs
The Environment Agency (EA) is to continue bringing costs in line with next year's budget, including cuts in jobs, despite the flooding crisis still h...
February 20, 2014
PA - Press Association
Shell Cuts 6,500 Jobs as Oil Prices Hurt
Job cuts and falling profits at Royal Dutch Shell are the latest indication of how low oil prices are taking their toll. Profits in the second quarter...
July 30, 2015
Oil Price Stability on the Horizon as Comp...
OPEC says it expects oil prices to become more stable over the next year. Despite oil prices dropping over 50 percent since 2014 the organisation dec...
July 30, 2015
HSBC to Cut 50,000 Jobs Worldwide by 2017
Banking giant HSBC announced Tuesday it'll cut an estimated 50,000 jobs by 2017 in an effort to help cut costs.
June 09, 2015
Lenovo Cuts Jobs Alongside Plunging Profit...
Lenovo says they plan to axe over 3,000 jobs in non-manufacturing roles to reduce operating expenses. The cuts come as Lenovo's revenue in the first ...
August 13, 2015
Barclays to Cut Jobs
Over 35,000 jobs are set to go at Barclays Bank. The reported cuts come after board members voted out the previous chief executive Anthony Jenkins. It...
July 21, 2015
Gap to Close Over a Quarter of Its Retail ...
Gap (GPS) is planning to close over a quarter of its clothing stores in North America. The retailer has announced that it will shut down 175 locations...
June 16, 2015
France Considers Aid Plan After Peugeot Cu...
French Prime Minister Jean-Marc Ayrault said that an aid plan for the country's automobile sector will be presented to the government after car maker ...
July 12, 2012
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