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Weatherford ups job cuts amid second quarter loss

2015-07-23 18:48:55| Oil & Gas - Topix.net

In the company's second-quarter earnings report released on July 22 , Weatherford announced that it will boost cuts from 10,000 to 11,000 employees. Weatherford has completed "substantially all" of the 10,000 cuts that were expected to end at the close of the second quarter, according to the company's quarterly earnings report.

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Tata Steel announces 720 job cuts

2015-07-16 12:09:10| BBC News | Business | UK Edition

Tata Steel is to shed more than 720 jobs, mainly in Rotherham, because of "cripplingly high electricity costs".

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Microsoft Tips Big Job Cuts, Mostly in Phone Business

2015-07-08 18:01:15| PC Magazine Cell Phones Product Guide

"I don't take changes in plans like these lightly," CEO Satya Nadella said in a memo.

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Woolworths boss quits amid job cuts

2015-06-17 03:56:25| BBC News | Business | UK Edition

The chief executive of Australia's Woolworths is stepping down after nearly four years at the supermarket chain.

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Job cuts related to the oil slump decrease

2015-06-04 20:37:32| Oil & Gas - Topix.net

In May, just over 1,000 job cuts announced by U.S.-based companies were attributed to the drop in oil prices, according to data released by Challenger, Gray & Christmas Inc. , a Chicago-based outplacement consultancy. By contrast, April saw nearly 21,000 jobs cuts attributed to the slump.

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