Sentences with phrase «job cuts planned»

Daunt hailed the acquisition was «definitely a good thing» for the chain, a vindication of «good old - fashioned bookselling», stressing that there were no closures or job cuts planned as a result.

The company, which has about 33,800 employees as of Sept. 24, informed about its job cut plans in California in a regulatory notice that was filed with the state on April 18.

Not exact matches

Green: Their plan for job creation rests on a suite of sustainable - development pledges, wage increases and targeted tax cuts.

-- BlackBerry (TSX: BB) confirms it's cutting more jobs this week as part of the second phase of its previously announced transformation plan.

(Amazon denied plans for job cuts.)

It said the planned restructuring measures involve job cuts and closing or integrating manufacturing bases, and would lower annual costs by 50 billion yen from the year ending March 2020.

The reasons Goldman plans to add 1,000 jobs to its Singapore offices in the near future, and to lay off about that number world wide to make room for them, are reportedly regulations and a need to cut costs.

Panoramic Resources and Mincor Resources have announced plans to put their last operating mines on care and maintenance in response to the depressed nickel market, with Panoramic cutting 50 jobs today with more to follow at both companies.

Perth - based mining developer Cape Lambert Resources has announced it is cutting 117 jobs and postponing a planned dividend payment, in response to the sharp downturn in the iron ore market.

CEO Darrell Kopke, a veteran of Lululemon Athletica, is out amid job cuts at Kit and Ace, but the company plans 10 more locations

To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.

Ford Motor said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.

Even Lego, which has posted years of growth, said in September that sales of its colorful bricks fell for the first time in 13 years, and announced plans to cut 1,400 jobs.

EMC (emc) said on Thursday that it plans to spend $ 250 million on a restructuring plan that includes an undisclosed number of job cuts.

The closing of the factory will leave 635 hourly workers and 72 salaried people without jobs in Madison, but that's just one of seven plants that Kraft Heinz announced it would shutter on Nov. 4 in a plan to cut 14 % of Kraft Heinz's North American factory workforce.

It allowed her to woo NDP supporters who feared a slash - and - burn Tory government, while also exploiting the Conservative plan to cut 100,000 public sector jobs to balance the budget as an economic apocalypse only she could stop.

The company has planned to slash its capital investments for this year to $ 29 billion from $ 47 billion in 2014, as well as cut 12,500 jobs across 2015 and 2016.

A study from the Penn Wharton Budget Model in October estimated that Trump's tax cuts would boost GDP by 1.12 % and push jobs up by 11.7 million more than what would have been expected without his plan by 2018.

ZURICH, April 10 - Swiss jewellery and watch brand De Grisogono plans to cut 41 jobs after sales of its high - end jewellery pieces fell short of expectations.

To that end, Weisler reiterated HP's restructuring plans from earlier this year that involve cutting 3,000 jobs by the end of 2016.

Under the tentative plan from the Office of Management and Budget, the agency's funding would be reduced by roughly 25 percent and about 3,000 jobs would be cut, about 19 percent of the agency's staff.

Boeing Co. plans to move about 2,500 positions to other sites, cut 500 jobs, and close two facilities by the end of 2020.

The media company said the job cuts were part of its plan to save between $ 400 to $ 500 million in costs.

The largest U.S. solar installer, SolarCity (SCTY), cut 550 jobs from Nevada last week, with plans to relocate the affected workers to more solar - friendly states.

Even though the company announced a $ 10 billion restructuring plan centered on 5,700 job cuts, skepticism kept the stock far below its 2007 highs.

Many of the business tax cuts in the Republican plan are simply windfalls for people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.

The company completed a 15 per cent cut to its workforce in January and February, eliminating between 500 and 700 jobs, as part of its plan to trim $ 1 billion in cumulative capital, operating and administration costs over two years.

On an otherwise bleak day when Bombardier announced plans to cut 7,000 jobs worldwide over the next two years, the company also issued a rare, long - awaited piece of good news: Air Canada has signed a letter of intent to purchase up to 75 CSeries aircraft.

Generic drug giant Teva really is going to cut tens of thousands of jobs in a gigantic restructure for the struggling and debt - laden pharmaceutical — in fact, the 14,000 planned layoffs announced Thursday actually surpass initial reports.

But his plans mostly involved cutting jobs and media holdings rather than actually making money from Yahoo's websites.

Macy's also said it was overhauling its merchandising organization by merging its merchandising, planning and private - label functions into a single entity, cutting 100 jobs in the process.

Other retailers planning to or already having cut jobs include Walmart, (WMT) Whole Foods Market (WFM) and Target (TGT).

Senior executives are debating the elements of a comprehensive plan to streamline Ford's internal operations and rebuild profitability in the company's North American business, and job cuts can not be ruled out, these people said.

The company recently announced a plan to cut about 40 per cent of its global workforce, or 4,500 jobs, as a way to save money.

High - end electric vehicle maker Tesla Motors Inc (TSLA) said Monday it is cutting jobs in China under a restructuring plan launched earlier this year, after missing a sales target in the world's biggest car market.

The president - elect has promised to «rescind all the job - destroying Obama executive actions, including the Climate Action Plan,» Obama's national blueprint for cutting carbon pollution.

Schlumberger (NYSE: SLB) announced plans to cut 10,000 jobs this year, a more than 10 percent cut from its total staff of 95,000.

«If it is correct that the speaker, before he resigns, has cut a deal with Nancy Pelosi to fund the Obama administration for the rest of this year, to fund Obamacare, to fund executive amnesty, to fund Planned Parenthood, to fund implementation of this Iran deal, and then presumably to land a cushy K Street job after joining with the Democrats to implement all of President Obama's priorities, that is not the behavior one would expect from a Republican speaker of the House.»

As far as what that actually means in the short term, Reuters points out that the company plans to cut at least 425 jobs in Finland this year.

In July of that year, the bank announced an initiative to trim more than $ 1 billion in costs including compensation, a plan that entailed cutting 1,000 jobs.

Announcements by Wal - Mart and GM come as both companies are cutting jobs in the country, and their hiring, which was planned for some time, represent a small increase in their total U.S. workforce.

U.S. job cuts soared to a nearly four - year high in July as the military announced plans to reduce troop and civilian workforce payrolls, according to outplacement consultancy Challenger, Gray & Christmas.

Bombardier's rail unit is set to bear the brunt of a companywide plan to cut as many as 7,500 jobs by the end of 2018.

The price tag for the BG Group acquisition is $ 51 billion, with plans to sell $ 30 billion worth of assets once the deal is sealed, and cut 2,800 jobs, a figure that's a noteworthy percentage of BG's existing 5,200 employees.

Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.

In the process, GE plans to cut 12,000 jobs from its global power business.

French companies must inform labor unions about plans to reorganize, including staff moves or job cuts, which often lead to protracted negotiations between management and employees.

One of the oldest names on Wall Street is moving to one of the fastest - growing cities in the South, reinforcing a recent shift in finance jobs to cheaper parts of the U.S. AllianceBernstein Holding LP plans to relocate its headquarters, chief executive and most of its New York staff to Nashville, Tenn., in an attempt to cut costs, according to people familiar with the matter.

The last time employers announced fewer job cuts was June of 2000, when 17,241 planned layoffs were recorded.

It also plans to cut 6,500 jobs as part of a restructuring plan to eliminate overlapping expenses after its $ 14 billion acquisition of Alstom's energy business.