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Zurich Insurance to cut 800 jobs globally

800 jobs to go by late 2015 as the insurance group plans to reduce costs and improve productivity. ...

Michelin to cut 500 jobs at Canadian plant

French tyremarker Michelin would reduce production and cut jobs by mid-2015. ...

Sony job cuts to include a third of electronics unit workers

Sony Electronics said it will eliminate one-third of its staff this year, or 1,000 employees, as part of the job cuts its parent company Sony Corp announced this month. ...

IBM's headcount declines for first time in a decade

IBM's employee count dropped for the first time in a decade as the world’s biggest computer-services company reined in costs to help meet profit goals. ...

Qantas may cut 5,000 jobs - report

Australian carrier Qantas on Tuesday said it was committed to slashing costs by AU$2 billion (US$1.8 billion) but refused to confirm or deny a report that it will axe 5,000 jobs. ...

Barnes & Noble eliminates jobs after Nook holiday sales drop

Barnes & Noble Inc, the largest US bookstore chain, is cutting jobs as revenue at its Nook tablet unit continues to shrink. ...

Disney to cut 175 jobs at ABC TV

ABC to cut jobs as part of organisational restructuring as viewer habits shift. ...