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Aeropostale axes 100 jobs in cost-cutting move
2016-01-13 11:51:00| Daily apparel & textile news and comment - from just-style.com
US teen apparel retailer Aeropostale is to implement an "aggressive" new cost reduction programme that will result in the loss of 100 jobs as it looks to return to profitability.
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BP to axe 4,000 jobs from global operations due to oil prices slump
2016-01-13 01:00:00| Offshore Technology
BP has announced plans to cut 4,000 jobs worldwide, with most of the positions being at its North Sea operations.
Port of Prince Ruperts development to generate 5,000 jobs in British Columbia
2016-01-13 01:00:00| Ship Technology
A study on the Port of Prince Rupert's development plan has forecasted the creation of almost 5,000 new jobs in northern British Columbia.
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Aeropostale Cutting Jobs as Teen Retailer's Sales Slump
2016-01-13 00:07:59| Apparel - Topix.net
The New York company said Tuesday it expects to cut expenses by $35 million to $40 million a year starting in fiscal 2016 and will slash its corporate staff by 13 percent, or 100 jobs, by the end of January. CEO Julian Geiger is also giving back 1 million stock options so Aeropostale can give them to other employees in an effort to keep them with the company.
Aeropostale to cut 100 jobs as part of cost-saving program, reiterates fourth-quarter guidance
2016-01-13 00:07:58| Apparel - Topix.net
The mall-based teen retailer said in a release Tuesday that the savings will be achieved in fiscal 2016. The company expects to record about $1.5 million in pre-tax expenses during fiscal 2015 related to the program.
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