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Telia to cut jobs in several countries, trade union expects at least 100 reductions in Sweden
2019-01-25 12:41:00| Telecompaper Headlines
(Telecompaper) Telia Company is planning job cuts, according to the Swedish radio news service, Ekot, citing CEO Johan Dennelind. Cutbacks will apply in several countries, including Sweden, he said. The operator has met up with Swedish trade unions this morning to discuss which areas will be affected and how many workers, and Seko union vice-chairman Hans Gustavsson said he expects at least 100 Swedish jobs to go.
Elon Musk's Tesla to cut about 3,000 jobs as cars 'too expensive'
2019-01-18 12:39:59| BBC News | Business | UK Edition
The electric carmaker, founded by Elon Musk, says it will cut about 3,000 jobs to boost profits.
Cambodia garment industry welcomes policy to cut reliance on EU, US trade
2019-01-17 14:46:00| Daily apparel & textile news and comment - from just-style.com
The Garment Manufacturers Association in Cambodia (GMAC) has welcomed the introduction of a new policy to safeguard the country's traders should the EU and US follow through with threats to pull the country's access to preferential trade terms.
Tags: us
policy
industry
trade
Proximus to cut jobs, off-shore under 'shift to digital' strategy
2019-01-10 11:55:00| Telecompaper Headlines
(Telecompaper) Proximus has confirmed the launch of a new reorganisation plan, with the aim of remaining relevant on the Belgian market and securing the company's future. The company noted that the telecom market in Belgian is not growing and that prices are also coming under pressure from "heavy regulations", and all this despite the increased demand for connectivity. The new #shifttodigital strategy will seek to make the company more digital and flexible and its employees more competent. The big goal will be to lower costs, with targeted savings of EUR 240 million by 2022. This will take place in various ways: by cutting jobs, making the company more efficient and by near- or off-shoring. The company also confirmed the further roll-out of its fibre network and preparation for 5G and said it wanted to further expand ICT activities.
Tags: jobs
digital
cut
strategy
Ford to cut thousands of jobs in turnaround plan
2019-01-10 11:05:42| BBC News | Business | UK Edition
The carmaker Ford announces plans for a major shake-up of operations in the UK and mainland Europe.
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