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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. 

Tags: jobs move axes aeropostale

 

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.

Tags: due jobs global prices

 
 

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.

Tags: development jobs port british

 

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.

Tags: jobs sales cutting teen

 

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.

Tags: part jobs program cut

 

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