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Wal-Mart to axe 269 stores and 16,000 jobs
2016-01-18 11:48:00| Daily apparel & textile news and comment - from just-style.com
US retail behemoth Wal-Mart is to close 269 stores globally as part of a review of its portfolio first announced last year, in a move that will affect around 16,000 employees.
Aker Solutions to axe 900 jobs from MMO unit across Norway
2016-01-18 01:00:00| Offshore Technology
Aker Solutions has announced plans to cut around 900 permanent positions in its maintenance, modifications and operations (MMO) unit across Norway due to challenging market conditions.
Tags: jobs
solutions
unit
norway
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.
Anixter International Inc. (AXE) Downgraded by TheStreet
2016-01-11 00:12:18| Electronics - Topix.net
A number of other research analysts have also weighed in on the company. Zacks Investment Research raised Anixter International from a "hold" rating to a "buy" rating and set a $76.00 target price on the stock in a report on Thursday, October 29th.
Tags: international
axe
downgraded
anixter
Macy's to axe thousands of jobs in cost-cutting move
2016-01-07 14:00:00| Daily apparel & textile news and comment - from just-style.com
US retail giant Macy's is to lay off thousands of workers in a round of cost reductions designed to save the department store operator around US$400m a year after a "disappointing" holiday performance.
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