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Tag: costcutting
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.
Sappi gains on cost-cutting
2015-11-12 10:20:04| Paper - Topix.net
Sappi, the world's biggest producer of dissolving wood pulp, said full-year profit rose 24 percent after the company reduced financing costs and prices for the cotton substitute rose. Net income was $167 million in the 12 months through September, compared with $135 million a year earlier, the Johannesburg-based company said in a statement on Thursday published in the Business Day newspaper.
Tags: gains
sappi
costcutting
Jaguar Land Rover Launches $6.8 Billion Cost-Cutting Plan
2015-11-09 18:06:52| Auto Dealers - Topix.net
Good Morning! Welcome to The Morning Shift , your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know.
Airlines warn of more cost-cutting
2015-10-29 12:10:12| BBC News | Business | UK Edition
Two big European airlines report improved results but warn more cost-cutting is needed.
Tags: airlines
warn
costcutting
Volkswagen to Cut Back on Investment, Step Up Cost-Cutting
2015-10-06 23:49:27| Automakers - Topix.net
Volkswagen AG plans to slash an a 86 billion investment plan and step up cost-cutting as it grapples with fallout from its emissions scandal, Chief Executive Matthias MA1 4ller said on Tuesday. Volkswagen's management is still unsure how high the price tag will be for "diesel gate," as investors are calling the scandal.
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