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Showing posts with label restructuring. Show all posts
Showing posts with label restructuring. Show all posts
Thursday, May 14, 2009

Will BT cuts 15,000 more jobs in 2009?

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Britain's BT Group cut its dividend and said a further 15,000 jobs would go after a 1.58 billion pound ($2.4 billion) write down and res...
Thursday, March 19, 2009

Is UBS cutting 5,000 management jobs?

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Switzerland's biggest bank UBS plans to cut up to 5,000 senior and management jobs in the next few weeks, a media report said on Sunday....
Friday, January 23, 2009

Due to drop in profits, Ericsson to cut 5,000 jobs

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Wireless equipment maker LM Ericsson on Wednesday said profits dropped 31 per cent in the fourth quarter, citing restructuring charges and w...
Saturday, January 17, 2009

Citi posts $8.29 bn loss, splits up company

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Citigroup Inc unveiled a broad restructuring plan designed to shed weaker businesses and troubled assets, and also reported an $8.29billion ...
Friday, December 12, 2008

Alcatel-Lucent to cut 1,000 jobs; To reduce 5,000 contractors

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Telecom major Alcatel-Lucent will cut 1,000 managerial posts and remove 5,000 contractors as part of its costs-saving initiatives. "The...
Sunday, December 7, 2008

Will the $15b-loan bail out help US auto industry?

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Facing massive job losses, the White House and congressional Democrats are working to provide about $15 billion in loans to prevent Detroit’...
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A 6 footer scribe with about nine years of writing experience in various media on various business and technologies.
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