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M&S to cut clothing from 60 stores and axe brands
2016-11-08 13:48:00| Daily apparel & textile news and comment - from just-style.com
British retailer Marks & Spencer has announced its biggest shake-up in years, with plans to remove its clothing ranges from 60 stores over the next five years and axe underperforming brands, as first-half pre-tax profit tumbled 88%.
Tags: stores
cut
clothing
brands
M&S to cut 60 clothing and home stores
2016-11-08 08:45:33| BBC News | Business | UK Edition
M&S says it will have 60 fewer clothing and home stores in the UK, of which 30 will close down.
Tags: home
stores
cut
clothing
Twitter confirms 9% cut in workforce, targets profit in 2017
2016-10-27 16:02:00| Telecompaper Headlines
(Telecompaper) Twitter has confirmed plans to cut 9 percent of its workforce as the company works towards a goal of profitability in 2017. In the third quarter of 2016, Twitter posted a net loss of USD 103 million, on sales up 8 percent year-on-year to USD 616 million. The company said the restructuring, which focuses primarily on reorganizing the company's sales, partnerships, and marketing efforts, is intended "to create greater focus and efficiency to enable Twitter's goal of driving toward GAAP profitability in 2017".
Twitter to cut jobs as revenue growth slows
2016-10-27 13:55:37| BBC News | Business | UK Edition
Twitter plans to cut 9% of its workforce after reporting a sharp slowdown in revenue growth.
Bombardier to cut 7,500 jobs across its global operations
2016-10-25 01:00:00| Railway Technology
Bombardier has announced plans to cut 7,500 jobs across its global workforce as part of its efforts to reduce costs and streamline operations.
Tags: jobs
global
cut
operations
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