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Tag: Job Cuts

Honda cuts British car production further

Honda cuts British car production further due to weak growth outlook. ...

Verizon Wireless to shut offices affecting 5,200 workers

Verizon Wireless, the biggest U.S. mobile-phone carrier to close five customer-service call centres in a cost-cutting move. ...

Buffett's Heinz expects US$160m job-cut costs

About 1,200 employees are affected at Heinz as part of a plan to eliminate corporate and field positions worldwide. ...

HK bankers hope to fly high in Qianhai

With job cuts still hounding cross-border finance, a key question for the unemployed in the banking world is how to penetrate the next frontier – the great financial wall of China, writes Rex Aguado. ...

On a slippery slope

Measures to cool housing market put jobs at risk, writes Michael Taylor. ...

Quebecor’s Sun Media cuts 360 jobs

Canadian Sun Media is closing 11 newspapers to stay competitive as print revenue continues to fall and industry moves to digital. ...

Greek workers hold general strike over state job cuts

Greek labour unions set for third general strike this year as legislators start debates on a bill that calls for possible dismissal of 25,000 public employees ...

RBS Ulster unit to cut 1,800 jobs as it eyes profits

RBS will cut 1,800 jobs at its Ulster Bank unit as part of a plan to return the Irish division to profit within two years. ...

Hong Kong property agents may lose jobs on curbs

A third of property agents may lose jobs next year if the government persists with its real estate curbs. ...

UK financials seen hiring after slashing 10,000 jobs

UK financial firms may hire in the third quarter after cutting a worse-than-estimated 10,000 jobs in the three months through June. ...