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NENT announces SEK 700 mln Q4 charge for job cuts and FTA write-downs as it focuses on streaming
2019-12-10 09:47:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) said it has cut jobs in order to save some SEK 250 million a year, as it aims to offset currency headwinds and support the expansion of its Viaplay streaming service. It has announced a one-off charge of approximately SEK 700 million for the fourth quarter in redundancy costs and writedown of free-to-air television content and other assets. There is no change to NENT's profitable growth commitment for 2020.
WeWork warns of job cuts after Softbank rescue
2019-10-23 21:40:46| BBC News | Business | UK Edition
The firm's new executive chairman says it must 'right-size' the business.
T-Mobile employees fear job cuts ahead of Sprint merger
2019-09-05 02:00:00| Total Telecom industry news
T-Mobile employees in the US have written to Tim Hoettges, CEO of the firm's parent company Deutsche Telekom, to seek assurances over their long-term job security after the firm's imminent merger with Sprint…read more on TotalTele.com »
Tags: job
employees
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fear
Job cuts planned at troubled Woodford investment firm
2019-07-04 11:30:01| BBC News | Business | UK Edition
The firm of well-known fund manager Neil Woodford plans cuts after investors pulled out funds.
Tags: job
firm
investment
planned
Ford announces 7,000 job cuts
2019-05-20 15:48:26| BBC News | Business | UK Edition
The US car giant says it will shed 10% of its global workforce by the end of August to save $600m a year.
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