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Hudson's Bay to axe 265 jobs in cost-cutting move

2015-10-01 13:45:00| Daily apparel & textile news and comment - from just-style.com

Canadian retail group Hudson's Bay Co is to cut 265 jobs as part of a cost-cutting initiative designed to save the business around US$75m next year.

Tags: jobs move bay axe

ConAgra CEO says cost-cutting likely to include layoffs

2015-09-25 18:43:54| Food - Topix.net

ConAgra Foods' chief executive says employees will learn next week about upcoming changes, including likely jobs cuts and a shuffling of operations that could boost the company's presence in Chicago and lower it in Omaha. CEO Sean Connolly said Friday that Omaha will continue to play a sizable role for the company.

Tags: include ceo layoffs conagra

European sales, cost-cutting help Electrolux return to quarterly profit

2015-07-17 18:24:37| Appliances - Topix.net

Cost-cutting and a rise in demand for its appliances in Europe helped Electrolux AB return to a profit in the second quarter. Operating income for the huge Sweden-based appliance company rose to $108 million for the latest quarter, swinging from a loss of $13.5 million in the second quarter in 2014.

Tags: return sales european profit

American Apparel To Cut Jobs, Close Stores In Reported $30M Cost-Cutting Effort

2015-07-06 18:18:48| Apparel - Topix.net

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Tags: close jobs american stores