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WSJ: Coke to axe 2,000 jobs; Big cuts likely in Atlanta

2014-12-24 15:55:09| Beverages - Topix.net

Atlanta-based Coca-Cola Co. will issue job-cut notices to North American staffers Jan. 8 and international employees will be given a timeline for cuts by Jan. 15, according to people familiar with matter, reports The Wall Street Journal.

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Qualcomm to axe 600 jobs worldwide in 2015

2014-12-10 12:17:00| Telecompaper Headlines

(Telecompaper) Qualcomm is set to lay off around 600 employees next year as part of its restructuring plans. A company spokesperson told Cnet that around 300 workers would be cut from its California base, as well as a "similar number" of international employees. The spokesperson declined to say how many full or part-time employees would be cut, simply confirming that the change is "focused on specific projects and programmes and reflects current business priorities." According to regulatory filings Qualcomm had around 31,300 full-time, part-time and temporary employees at the end of September, up about 300 from the year earlier.

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More than $150 billion of oil projects face the axe in 2015

2014-12-05 09:30:17| Energy - Topix.net

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade. As big oil fields that were discovered decades ago begin to deplete, oil companies are trying to access more complex and hard to reach fields located in some cases deep under sea level.

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More than $150 billion of oil projects face the axe in 2015

2014-12-05 08:52:30| Oil & Gas - Topix.net

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade. As big oil fields that were discovered decades ago begin to deplete, oil companies are trying to access more complex and hard to reach fields located in some cases deep under sea level.

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Lenzing to axe 250 jobs in cost-cutting drive

2014-12-02 13:25:00| Daily apparel & textile news and comment - from just-style.com

Austria's Lenzing Group plans to axe up to 250 jobs, most of them at its main site, as part of a renewed programme of cost-cutting measures.

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