Reuters reported that ArcelorMittal vowed on Friday to kick start a EUR 180 million, five year investment program at its Florange site in eastern France in the first quarter of 2013, seeking to allay union concerns over job cuts. ...
Tags: ArcelorMittal, steelmaking, blast furnaces
The administrator for UK baker Peters Cathedral Bakers, which went into administration last month, has sold the company to local peer Coopland & Son (Scarborough) Ltd. KPMG said today (30 July) the deal for the company, which also trades ...
Tags: Bakery, Bakers, Bakery stores, baked goods
Peters Bakery, a UK-based baker with over 50 stores, has been sold to Coopland & Son, in a deal that will save more than 200 jobs. The sale includes 22 of Peters Bakery's stores and the transfer of 129 staff. It also includes the ...
Tags: Peters Bakery, baker, Coopland and Son, job solution
Barnet Council will cut 70%of staff from the back-office functions it is outsourcing to Capita in a controversial deal to automate council services. The London borough's Cabinet is expected to approve the deal in a vote this evening,that ...
Tags: Capita, Cut Staff, Barnet Council, Outsourcing Deal
UK-based McCambridge has sold its private-label cake division to private equity firm NBGI Private Equity. Currently, the cake division has a workforce of 637 at its bakeries across Manchester, Bradford, Blackburn and Salisbury. The ...
Tags: McCambridge, sell, private-label cake, cake division, loaf, fruit loaf
Aviva, a multinational insurance company headquartered in London, is all set to shut down two regional offices and start a voluntary redundancy program throughout the regional offices. The underwriter is implementing restructure plan to ...
Tags: Aviva, multinational insurance, commercial insurance business
Worldwide Clinical Trials(WCT)has opted for TransPerfect's web-based electronic trial master file(eTMF)technology,Trial Interactive,to improve overall TMF documentation management process. The contract research organization will leverage ...
Tags: WCT, eTMF technology, TMF documentation management process, TransPerfect
Goodman Fielder, a manufacturer of bread and dairy products in Australia and New Zealand, plans to close three bakeries in Australia and cut nearly 115 jobs. This move is a part of the company's plan to lower costs and improve ...
Aviva, a UK multinational insurance company has warned that it will slash approximately 800 jobs in its UK operation, as part of its austerity measure to reduce the cost substantially and bring the life insurer on the track. The ...
Tags: multinational insurance company, insurance company, life insurer
INC Research, a clinical research organization, has selected Trial Interactive as its global electronic Trial Master File (eTMF) solution. Trial Interactive offers access to global project documentation, get rid of much of the travel ...
Tags: company cooperation, clinical solution, web-based clinical platform
The death knell has rung for pizza manufacturer Paramount Foods,which will close its site in North Wales with the loss of a further 278 jobs. Paramount Foods is to close its site in North Wales with the loss of 279 jobs Staff will work ...
Tags: pizza, Paramount Foods, job losses, Paramount's demise
Barnet council has recommended Capita as its preferred bidder for a32m euros-a-year contract to run its back-office services. The 10-year deal would see the outsourcing company operate London Borough of Barnet's new support and customer ...
Tags: Barnet, Capita, Outsourcing Deal, Public Services
Chip manufacturer Advanced Micro Devices(AMD)is preparing to cut up to 30 per cent of its workforce. The struggling firm is expected to announce between 2,200 and 3,300 of its 11,100 staff could go after lower than expected sales and ...
Tags: AMD, cut up staff, cloud, Leak Atom system-on-a-chip
Nearly 40 jobs could be lost at power tool giant Makita in Telford which is facing a ‘restructuring’ initiative brought in to cope with the impact of the global economy. Under the plans, manufacturing of motors and tools at ...
Tags: Market View, power tool
Sony has given investors a more accurate breakdown of the 10,000 job cuts it announced earlier this year. The company admitted it would be slashing the workforce at its Japanese headquarters by 20%,along with 20%of its home entertainment ...
Tags: Sony, job cuts, Minokamo, mobile handsets