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Ericsson to Cut as Many as 2,200 Swedish Jobs to Reduce Costs
2015-03-11 12:53:21| Appliances - Topix.net
Ericsson AB is planning to cut as many as 2,200 positions in Sweden as part of a cost-reduction plan to improve profitability amid slowing sales. The reductions, about 2 percent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday.
Ericsson to cut as many as 2,200 Swedish jobs to reduce costs
2015-03-11 12:27:49| Wireless - Topix.net
The reductions, about 2 per cent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday. The cuts are part of a program, announced in November, to reduce costs by 9 billion kronor over three years.
E.On posts record loss on plant costs
2015-03-11 10:23:04| BBC News | Business | UK Edition
German energy firm E.On has reported its biggest annual loss after setting aside 5.4bn (3.8bn) in costs related to its gas and coal-fired power plants.
Indian logistics services market is hampered by high operating costs
2015-03-11 07:34:04| Logistics - Topix.net
Growing business of private telecom sector, financial institutions dependence on courier and seasonal business upsurge due to occasions are the key drivers of the Courier Market. 3PL providers have largely benefitted from the growth in auto & auto components sector and retail sector.
Tags: services
high
market
costs
Natural gas slowdown costs at least $1.5B in capital spending in 2015
2015-03-10 22:28:04| Oil & Gas - Topix.net
Most publicly traded drillers in the Marcellus Shale have cut back on their spending plans for 2015, although Southwestern Energy is upping its capital spending. Five natural-gas producers with significant operations in southwestern Pennsylvania have reduced their capital budgets collectively by 23 percent - or $1.5 billion - according to numbers reported in operational guidance.
Tags: in
natural
costs
capital
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