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Oilpatch pain persists as Cenovus to cut 300 to 400 more jobs this year
2015-07-31 04:52:51| Energy - Topix.net
Cenovus CEO Brian Ferguson speaks at the company's annual general meeting in Calgary, Alta., Wed., April 29, 2015. It's another gloomy day in the oilpatch with oilsands giant Cenovus Energy Inc. announcing 300 to 400 jobs cuts in its Calgary office by year-end.
Chevron To Cut 500 Jobs From East Bay Corporate Offices
2015-07-31 04:47:59| Oil & Gas - Topix.net
Roughly 500 people working out of Chevron's corporate offices in San Ramon will be losing their jobs, a spokeswoman for the oil giant said today. The job reductions are part of a $1 billion cost-savings effort for the company, Chevron spokesperson Melissa Ritchie said.
Centrica to cut 6,000 jobs and exit wind power business
2015-07-31 01:00:00| Power Technology
UK-based utility giant Centrica has announced plans to cut 10% of its staff and divest up to 1bn into wind power assets over the next two years, in order to focus on energy supply and services.
Shell to cut down 6,500 jobs this year, divest up to $30bn assets by 2018
2015-07-31 01:00:00| Hydrocarbons Technology
Netherlands based Royal Dutch Shell will be reducing its employee count by 6,500 this year, and speed up its spending cuts to cope with the falling oil prices.
Samsung will cut Galaxy S6 prices to boost demand, improve sales
2015-07-30 20:15:23| Extremetech
Samsung will cut prices on the Galaxy S6 and S6 Edge in an attempt to boost demand, even as its operating profit and revenue from phone sales continues to decline.
Tags: sales
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