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Tag: cut
SFR to cut over a third of workforce in 2017 report
2016-07-27 22:28:00| Telecompaper Headlines
(Telecompaper) SFR plans drastic cuts to its workforce from the start of July 2017, reports Le Monde quoting union representatives, with over 5,000 employees out of the current 14,300 at risk. Parent company Altice had pledged to keep SFR's headcount unchanged for three years when it negotiated the acquisition of the operator in mid-2014. SFR, which has not commented on the plans, is in the process of reducing the number of staff working in its retail operations, in a reorganisation expected to be completed by November.
Tags: report
cut
workforce
sfr
Vivendi questions Mediaset Premium value, looks to cut stake
2016-07-26 14:02:00| Telecompaper Headlines
(Telecompaper) Italian broadcaster Mediaset has announced that French media giant Vivendi has backtracked on its plan to acquire 100 percent of pay TV unit Mediaset Premium, submitting a new proposal to take a 20 percent stake, plus 15 percent in three years' time through a convertible bond issue. Mediaset said it received a letter from Vivendi "absolutely out of the blue" that was in "clear contradiction" with what it described as a binding agreement to acquire Mediaset's 89 percent stake in the unit as well as the remaining 11 percent stake held by Spain's Telefonica. The French group subsequently issued a statement clarifying that CEO Arnaud de Puyfontaine sent a letter to Mediaset on 21 June informing the Italian company's management of "significant differences in the analysis of [Mediaset Premium's] results, for which the two companies are currently in negotiations."
Tags: questions
premium
cut
stake
Shell to cut 190 jobs from Gulf of Mexico operations
2016-07-25 01:00:00| Offshore Technology
Oil major Shell has announced plans to reduce about 190 jobs from its deepwater Gulf of Mexico operations.
Tags: jobs
mexico
cut
operations
Anonymous Reps Lament: Cut Your Commission To Make The Sale?
2016-07-22 16:28:24| MANAonline.org
A MANA member offered us this guest blog post, with the understanding that it would remain anonymous. One person’s perspective on taking a commission cut to close a deal follows. There are occasions when a principal will ask a rep
Tags: make
sale
cut
commission
Minnesota must do more to cut greenhouse gas linked to climate change -
2016-07-21 15:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Minnesota Public Radio: Officials in Gov. Mark Dayton's administration say Minnesota should look at strengthening its renewable energy law. The state is on track to meet a requirement of 25 percent renewable electricity generation by 2025. But that has not been enough to help reach another state goal: a major reduction in the greenhouse gas emissions linked to climate change. Republicans and Democrats came together in 2007 to act on climate change. The Minnesota Legislature passed goals that -- at the time -- were among...
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