Sentences with phrase «said the job cuts»

The company says job cuts will help it halve its operating costs by June 1, 2014.

He said the job cuts are symptomatic of Bombardier's debt and heavy CSeries investments through at least 2016.

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

The company said the job cuts were part of its efforts to get a handle on costs, and streamline the company's operations.

The company, which had 597 employees as of Feb. 20, said the job cuts are expected to result in cost savings of more than $ 21 million annually.

In prime minister's questions yesterday David Cameron said job cuts and the merger between Customs and the Inland Revenue had created systemic problems in the new department.

Not exact matches

Opponents of mandatory paid leave say such policies are too burdensome on businesses, and would result in companies having to cut jobs to mitigate costs.

The Fed has cut $ 10 million from its monthly bond purchases, which fall to $ 75 billion, but said further tapering depended on the strength of the economy, particularly job creation.

Ford said last week it would cut 1,400 staff positions in North America and Asia, a small fraction of the 20,000 job reductions some news outlets had reported were imminent.

I am healthy and I can have more than one job if needed, but they have stopped working and were counting on a certain pension every month, but that has been cut too,» the driver, who's originally from Crete and didn't want to give his name, said.

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.

Azevedo said four out of five job losses in industrialised countries were not due to competition from cheap imports but to automation and efficiency campaigns that allowed firms to cut their workforce.

Kate Furlong read an article saying RBS would cut 3,500 jobs.

Saying all that, the company has done a good job of cutting costs.

«No organization can allow a situation like this to continue,» said CEO Gian Giacomo Ferraris in announcing the job cuts in October.

Boeing also said in November that it would cut 500 jobs from its defense operations over two years.

Western Australia's state - owned electric utility Western Power says it will cut 175 jobs on top of more than 320 positions that were axed in June.

The efforts from the state and the company to retool the plant come after Fiat said in April that it would cut about 1,300 jobs in Sterling Heights on account of a major drop in sales for the Chrysler 200 midsize sedan.

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 improvement from March's spike of 64,141 was not enough to erase an increase in job - cut announcements this year, Challenger says.»

Coca - Cola said it will cut 1,200 jobs, the latest major food manufacturer to accelerate cost - cutting efforts as the industry struggles with a weak growth outlook.

CBFI currently has no intentions of cutting any jobs after the proposed merger, the companies said.

People would try to leave the town if the factory cut jobs, one contractor said, but many would not be able to.

«Job cuts have already surpassed last year's total and are on track to end the year as the highest annual total since 2009, when nearly 1.3 million layoffs were announced at the tail - end of the recession,» said John A. Challenger, CEO of Challenger, Gray & Christmas.

April 18 - Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $ 1 billion, the chipmaker said on Wednesday.

«Sometimes, if you're unhappy in your current job, you will be willing to take a pay cut,» says Green.

Environmental groups said the proposed cuts would threaten thousands of jobs and could harm health and safety protections for millions of Americans.

The computer industry accounted for the heaviest job cuts in September primarily driven by Hewlett - Packard, which said it would cut 30,000 jobs.

Royal Dutch Shell fell over 5 % after it said that fourth - quarter profits would fall by 40 % from a year earlier, and that it expected to cut another 10,000 jobs together with BG Group, which it is acquiring.

FRANKFURT, April 20 - PSA Group wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's works council chief said on Friday.

SolarCity had announced job cuts before being acquired by Tesla but did not say how many employees would be laid off.

COPENHAGEN, Oct 12 - Danish wind turbine maker Vestas said the impending expiry of a U.S. tax credit had exacerbated a fall in orders for next year, forcing it to make more than 800 job cuts in the United States and Canada so far this year.

The electronics retailer said Thursday that the job cuts will affect both its Best Buy and Future Shop stores across Canada.

«The FAST program is an important catalyst for helping America's cutting - edge entrepreneurs continue to drive innovation and create good jobs,» said Karen Mills, the outgoing SBA administrator, in a statement.

The companies aim to have cut a combined 10,000 staff and contractor jobs by the end of this year and Shell said on Wednesday it could further cut combined capital investments below the $ 33 billion targeted for 2016.

For example, Pfizer said in January that it will be cutting 300 jobs as part of its closing of its neuroscience research and development program, and it was a brutal 2017 for Alzheimer's research as a number of key trials failed.

«We truly despise the carrot - and - stick approach,» Jia said in a veiled swipe at Trump's threats to cut aid or impose tariffs on Latin American nations that do not do more to further efforts to create more US jobs and combat drug trafficking.

The media could have done its job,» Pollock said, before Baldwin cut him off.

The Tories have said cutting the corporate tax rate from 11.5 per cent to 10.5 per cent would stimulate job growth and lure more businesses to the province.

«I think in the country, people said at where we are right now, we need to have some of these things in place, but now with a dynamic and robust economy and what we see happening right now with the tax cuts and job bill, it makes a lot of things more possible,» Kelly said.

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.

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.

Total industry jobs cuts, it says, «could run into the thousands as firms assess the impact on their bottom lines of sweeping regulatory reform and a balky economic recovery.»

Last quarter the bank said it would slash 3,000 jobs and closing 200 branches as part of a cost - cutting exercise in the wake of Britain's vote to leave the European Union.

«I believe we are in for much greater volatility in oil prices for the foreseeable future and that's why you've seen Cenovus preserve cash by moderating our growth and reducing our workforce,» CEO Brian Ferguson said in announcing the job cuts.

«He's made billions by coming in, buying low, cutting jobs and throwing people out of work, then selling,» Hargrove said.

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.

On Wednesday, for example, The New York Times said it was cutting about 100 newsroom jobs, as well positions from its editorial and business operations.