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Coronavirus: Adelie Foods to close with 2,000 jobs lost
2020-06-02 22:30:08| BBC News | Business | UK Edition
Administrators say Adelie Foods was affected by the coronavirus lockdown and rescue talks had failed.
L Brands to close 250 Victoria's Secret stores in US & Canada
2020-05-21 13:28:00| Daily apparel & textile news and comment - from just-style.com
L Brands is to shutter about 250 Victoria's Secret across the US and Canada in 2020 as part of its go-forward plan for the business, which also includes an increased focus on inventory management and sourcing cost reductions.
Close to the Edge: Enabling Remote Connectivity Across US Shale Patch
2020-05-20 18:00:00| OGI
Remote connectivity provides the foundation for digital innovation in oil and gas, and Infrastructure Networks offers a unified wireless service to help enable it.
Altice Media plans to reduce workforce, close sports news channel
2020-05-20 10:29:00| Telecompaper Headlines
(Telecompaper) Altice France has presented a restructuring plan for its subsidiary Altice Media, triggered by the impact of the Covid-19 crisis. Trade unions representatives have been informed that the restructuring will start with job cuts based on a voluntary redundancy plan. While details of the measures will be released in the coming weeks, the company said that it will reassess its entire media business and has already identified several areas, including sports, where investment will be cut. Among them, athletics, tennis and horseracing will no longer feature in Altice Media's content strategy.
Ovo Energy to close offices and cut 2,600 jobs
2020-05-19 07:53:39| BBC News | Business | UK Edition
The new owner of SSE's retail division says the lockdown has forced it to accelerate cost-cutting measures.
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