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Sprint Starts Layoffs, Will Take $160M Charge
2014-10-04 12:30:09| IT Services - Topix.net
Sprint said Friday that it has begun a program of layoffs that will result in a $160 million charge for the company in the September quarter. New Sprint Corp. CEO Marcelo Claure said that the company would be making cuts in his first town hall as the new boss of the operator back in August.
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Sprint announces layoffs, $160M in severance
2014-10-04 01:05:58| IT Services - Topix.net
In a Friday filing with the Securities and Exchange Commission, Sprint said that it began a workforce reduction plan to reduce costs and help it become more competitive in the marketplace on Sept. 30. Sprint said it expects to recognize a charge of about $160 million in the second fiscal quarter of 2014 for severance-related costs.
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Subsea 7 wins $160m contract from BP in US Gulf of Mexico
2014-05-01 01:00:00| Offshore Technology
Norway-based offshore energy industry service provider Subsea 7 has been awarded a contract by BP Exploration & Production in the US Gulf of Mexico (Gulf).
Cloudera gets $160M to bring Hadoop to the enterprise
2014-03-19 13:33:59| InfoWorld: Top News
Cloudera today announced that it has secured $160 million in new financing to advance its distribution of the open source Hadoop big data platform. The move brings the company's total funding up to $300 million and reflects how bullish investors are on the Hadoop platform being a major tool for companies to handle their data in the future.
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160m
Volvo buys Terex plant in Newhouse for $160m
2013-12-31 15:28:08| Industrial Machines - Topix.net
Employees at the Terex plant in Newhouse have received a timely boost - after the US firm agreed to sell their rigid and articulated hauler business to Volvo Construction Equipment.