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just On Call - Coca-Cola FEMSA cuts 1,300 jobs as Mexico soda tax bites

2014-10-23 15:05:57| Daily beverage news and comment - from just-drinks.com

Coca-Cola FEMSA has had to cut around 1,300 jobs as its copes with Mexico's new soda tax, but volumes are not being as badly affected as predicted, according to its CFO.

Tags: call jobs mexico tax

 

US: dwindling electric auto sales bring price cuts

2014-10-22 15:58:56| Auto Dealers - Topix.net

The battery-operated electric cars have been heralded as the response to global warming and increased pollution. The only issue? They're not selling well enough to make a difference.

Tags: price auto sales bring

 
 

Kleenex maker plans 1,300 cuts

2014-10-22 09:20:23| Paper - Topix.net

DALLAS Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.

Tags: plans maker cuts kleenex

 

Swedbank Cuts Jobs as Low Interest Rates Hurt Profit Outlook

2014-10-21 15:56:34| Appliances - Topix.net

Swedbank AB, Sweden's biggest mortgage lender and the largest bank in the Baltics, will cut as much as 5.5 percent of its staff to try to adjust to the low rate environment created by unprecedented central bank easing. The bank will cut 600 to 800 jobs in the coming two years, mainly through attrition, and aims to lower costs "towards 16 billion kronor" in 2016 from 16.6 billion kronor in 2013, the Stockholm-based lender said in a statement today.

Tags: low jobs interest rates

 

Steve Madden cuts outlook after "disappointing" Q3

2014-10-20 16:33:00| Daily apparel & textile news and comment - from just-style.com

US footwear and accessories specialist Steve Madden has lowered its full-year outlook on the back of "disappointing" third-quarter results.

Tags: steve outlook cuts disappointing

 

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