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Lay Offs
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Raisio Begins UK Cereal and Snack Business Restructure
Dec 15, 2015Finland-based food company Raisio is in the process of streamlining its UK cereal and snack business in order to focus on manufacturing more consumer-oriented product range. In this regard, the company has completed consultation ...
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Sinton Dairy Foods to Focus on Making Extended-Shelf-Life Milk in The Us
Mar 19, 2015Sinton Dairy Foods, a unit of Borden Dairy, is looking to exit fresh fluid milk business and focus on making extended-shelf-life milk in the US, a move which could put around 120 jobs at risk. The transition will be carried out over ...
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Two of Heinz's Manufacturing Sites in Europe Will Be Closed
Feb 28, 2014US-headquartered HJ Heinz plans to shut two of its manufacturing sites in Europe, a move which would lead to 350 job losses. Plant closures in Belgium and Germany are part of the company's efforts to improve its overall efficiency. The ...
Tags: Heinz, Manufacturing Sites
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BlackBerry Could Slash Its Workforce by up to 40 Per Cent
Sep 19, 2013BlackBerry could slash its workforce by up to 40 per cent before the end of this year, as the struggling smartphone manufacturer attempts to cut costs. According to The Wall Street Journal, the BlackBerry job cuts will take place across ...
Tags: Blackberry, Computer Products
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This Agreement Will Enable Solopower to Seek New Strategic Partners
Jul 16, 2013SoloPower Inc of San Jose, CA, USA, which makes thin-film copper indium gallium diselenide (CIGS) photovoltaic (PV) cells and lightweight flexible solar modules using a proprietary roll-to-roll electro-deposition process, says that an ...
Tags: SoloPower CIGS, Electrical, Electronics
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IBM Has Cut About 1,300 Employees and More Lay-Offs Are Possible
Jun 16, 2013IBM has cut about 1,300 employees and more lay-offs are possible, according to an employee organisation. The news comes from Alliance@IBM, which has been a reliable source of news about job actions at the company. IBM typically ...
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Rollback Comes at a Time When The Branded Apparel Industry Is Fighting to Sustain Itself
Mar 4, 2013The Intimate Apparel Association of India (IAAI) expresses its gratitude to the Hon. Finance Minister of India, Shri. P. Chidambaram for his move of rolling back excise duty from the ensuing financial year. The Centre had levied 10% central ...
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Symantec Outlined a Re-Organization:Backup Services and Products
Jan 28, 2013Under the helm of new CEO Steve Bennett, Symantec late yesterday outlined a re-organization intended to lead to a leaner company and a new range of security and backup services and products, built primarily on internal research and ...
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Symantec Outlined a Re-Organisation Intended to Lead to a Leaner Company
Jan 28, 2013Under the helm of its new CEO, Steve Bennett, Symantec last week outlined a re-organisation intended to lead to a leaner company and a new range of security and back-up services and products. These products would be built primarily on ...
Tags: CEO, Steve Bennett, Symantec
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Renault Has Released a Short Statement That Threatened to Close Two Sites in France
Jan 25, 2013Renault has released a short statement countering reports the French manufacturer threatened to close two sites in France as negotiations with unions over job security continue. According to some reports, members of France’s CFE-CGC ...
Tags: Renault, countering reports
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The Board of Directors at Biesse Spoke in Favour of an Extension Until 10 August 2013
Jan 17, 2013At its meeting on 19 December, the board of directors at Biesse spoke in favour of an extension until 10 August 2013 of the short-time working arrangement agreed in 2012. The state-subsidised short-time set-up (Cassa integrazione ...
Tags: Biesse, rotation, restructuring measures
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The Move of Vedanta Aluminum Limited to Lay off Staff at Its Closed Alumina Refinery
Dec 27, 2012Business Standard reported that the move of Vedanta Aluminum Limited to lay off staff at its closed alumina refinery in Lanjigarh might be illegal, as the state labour department claims to not have received any official communication ...
Tags: Vedanta Aluminum, Aluminum, alumina refinery, shutdown
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Glaston Corporation's Employer-Employee Negotiations in Finland Completed
Dec 14, 2012Glaston Corporation's statutory employer-employee negotiations under the Act of Co-Determination within Undertakings in Finland (YT negotiations) initiated on 13 November 2012, have been concluded. As a result of the negotiation process and ...
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The Egyptian Government Has Allocated E£300 Million for Revival of Textile Companies
Dec 4, 2012The Egyptian Government has allocated E£ 300 million for revival of textile companies, especially spinning and weaving units. The Government headed by Prime Minister Dr. Hisham Qandil is keen to revive the textile spinning and ...
Tags: textile sector, textile market, textile industry, weaving units
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Japan-Based Sharp Plans to Cut Solar Panel Production in Europe and The US
Sep 28, 2012Sharp plans to withdraw solar panel production in EU and US Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Friday 28 September 2012]Japan-based Sharp plans to cut solar panel production in Europe and the US.The firm plans to gather resources ...
Tags: Sharp, solar panel production, Asia markets, corporate restructuring
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