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Tag: buyouts
Surge In Pension Buy-Outs May Push Employers Toward Pension Risk Transfer
2015-05-28 11:12:54| Paper - Topix.net
The surge in high profile pension buy-out transactions in recent years may prompt employers to consider pension risk transfer as a solution for de-risking their plans, and prepare for future transactions, according to a new white paper from Prudential Retirement, " Preparing for Pension Risk Transfer ." Prudential Retirement is a business unit of Prudential Financial, Inc. .
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52 layoffs follow 298 buyouts at CSX
2015-01-29 12:54:04| Railroads - Topix.net
CSX Corp. said Tuesday it has cut 52 additional jobs in its headquarters operations, after 298 employees opted to take buy-outs. The Jacksonville-based railroad company said in November it was seeking to cut 300 jobs by offering some employees an enhanced retirement package.
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Corning Posts Gorilla-Size Profit Growth On Buyouts
2015-01-27 22:36:39| Chemicals - Topix.net
It projected continued strong sales this quarter. Earnings per share climbed 55% to 45 cents in Q4, beating forecasts by 7 cents a share.
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CSX layoffs to follow management buyouts
2015-01-15 16:55:47| Railroads - Topix.net
JACKSONVILLE, Fla. - CSX Corp. will have to lay off workers to meet its goal of eliminating 300 management jobs, CEO Michael J. Ward said in a phone interview on Wednesday.
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CSX cutting 300 jobs, mostly buyouts from Jacksonville headquarters
2014-11-14 13:14:56| Railroads - Topix.net
JACKSONVILLE, Fla. - CSX Corp. said Tuesday that it seeks to cut 300 jobs, mostly in its Jacksonville headquarters staff, by offering voluntary buyouts to some employees.
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