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Shell to axe 10,000 jobs during 2016 to cut costs

2016-01-21 01:00:00| Offshore Technology

Royal Dutch Shell has announced plans to cut 10,000 jobs and direct contractor positions by the end of 2016 in a bid to cut costs amid a fall in oil prices.

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Woolworths restructure sparks jobs anxiety

2016-01-20 10:49:13| Grocery - Topix.net

Staff at Woolworths HQ are spooked by an internal restructure just days after the retailer called it quits on Masters. A restructure of one of the supermarket teams at Woolworths Bella Vista head office has sparked fears over job losses coming just days after the chain called it quits on Masters, leaving 7000 employees at the hardware chain facing an uncertain future.

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Tiffany cutting jobs after poor holiday sales

2016-01-20 08:46:42| Jewelry - Topix.net

Tiffany and Co said Tuesday that it suffered a disappointing holiday season, so disappointing that the luxury jeweler is cutting jobs. It's unclear how many employees will be impacted, but Tiffany told CNN the cuts will impact a range of functions and take place this month.

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Steel jobs go at Sheffield Forgemasters

2016-01-20 03:24:11| BBC News | Business | UK Edition

Steel company Sheffield Forgemasters cuts up to 100 jobs in another blow for the crisis-hit industry that has seen thousands of redundancies.

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J&J to Cut 3,000 Jobs Amid Medical-Device Sales Slump

2016-01-19 22:39:41| Food - Topix.net

Johnson & Johnson plans to cut about 3,000 jobs, or 2.5 percent of its total workforce, from its medical devices business in a move that could set up the world's largest maker of health-care products to rebuild the unit through acquisitions. The company will reduce 4 to 6 percent of positions at the medical-device business over the next two years, leading to pretax restructuring costs of $2 billion to $2.4 billion.

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