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Rare job cuts at Bloomberg as global media giant lays off 80 journalists

2015-09-01 17:58:42| IT Services - Topix.net

Bloomberg Media, the global news organisation headed by former New York mayor Michael Bloomberg, will lay off about 80 journalists this week in a rare retrenchment for the high-flying company. New York-based Bloomberg employs about 2,400 journalists in 150 bureaus worldwide, and it generally has been in a growth mode in recent years as other news organisations have pared back.

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Daimler Reverses Brazil Truck Job Cuts by Reducing Hours Instead

2015-09-01 15:50:39| Automakers - Topix.net

Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving. The agreement with local unions guarantees jobs until August 2016, and the Brazilian state will compensate employees for about half their lost pay, the Stuttgart, Germany-based company said in a statement Aug. 31. Workers at Daimler's factory in Sao Bernardo do Campo went on strike in response to the cuts originally proposed, which would have cost about 13% of the company's Brazilian workforce their jobs.

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Daimler Reverses Brazil Truck Job Cuts by Reducing Hours Instead

2015-09-01 15:11:13| Auto Dealers - Topix.net

Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving. The agreement with local unions guarantees jobs until August 2016, and the Brazilian state will compensate employees for about half their lost pay, the Stuttgart, Germany-based company said in a statement Aug. 31. Workers at Daimler's factory in Sao Bernardo do Campo went on strike in response to the cuts originally proposed, which would have cost about 13% of the company's Brazilian workforce their jobs.

Tags: hours job instead brazil

 

Finerenone Cuts Deaths in Mid-Stage Trial

2015-09-01 05:16:57| Chemicals - Topix.net

Promising data from an exploratory phase IIb trial of finerenone , an oral, nonsteroidal mineralocorticoid receptor antagonist , have been presented at the European Society of Cardiology Congress 2015 in London. The ARTS-HF study investigated the effects of different dosages of finerenone compared with eplerenone in patients with worsening chronic heart failure with a reduced ejection fraction as well as type-2 diabetes mellitus and/or chronic kidney disease.

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General Mills sets ambitious goal for greenhouse gas cuts

2015-08-30 17:45:41| Agriculture - Topix.net

The company's goal is reducing its greenh... . In this Aug. 26, 2015 photo, General Mills CEO Ken Powell talks about his company's plans for reducing greenhouse gases during an interview with The Associated Press in Golden Valley, Minn.

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