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CP Rail plans to cut 1,000 jobs this year
2016-01-21 19:36:31| Railroads - Topix.net
Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits. The Calgary-based rail company says most of the cuts to unionized and management positions will result from attrition and kick in by the middle of 2016.
Southwestern Energy to cut 1,100 jobs amid oil slump
2016-01-21 19:31:28| Oil & Gas - Topix.net
Southwestern Energy is cutting 1,100 jobs, with the price of crude wallowing at levels not seen in more than a decade. Southwestern Energy had about 2,780 employees at the end of 2014, the last time it reported how many workers it had.
BP: Is A Dividend Cut Priced In At This Level?
2016-01-21 14:21:21| Oil & Gas - Topix.net
Persistent supply glut and weak price forecasts imply higher bankruptcy risk for smaller, independent oil companies, but big oil should make it through this downturn. Oil companies are really not in a good spot at the moment.
Shell to axe 10,000 jobs during 2016 to cut costs
2016-01-21 01:00:00| Offshore Technology
Royal Dutch Shell has announced plans to cut 10,000 jobs and direct contractor positions by the end of 2016 in a bid to cut costs amid a fall in oil prices.
BAC Approved 5% Cut Package
2016-01-20 19:30:43| PortlandOnline
Summary of 5% cut package developed and approved by the BAC at the 1/19/16 meeting. PDF Document, 185kbCategory: Budget Work Group Key Documents
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