Austria based, Lenzing said looking at the challenging conditions, it will not undertake any new expansion projects at any of its viscose staple fibre (VSF) production sites across the world. Although Lenzing continues to anticipate good ...
Tags: viscose staple fibre, Textile
Following several negotiation sessions, the Management Board and Works Council of Lenzing AG agreed on a comprehensive package of social measures designed to cushion the effects of the recently announced cost reduction plan. A ...
Tags: Redundancy Program, Textile
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