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Telstra to cut 6,000 jobs by end of FY19, take AUD 500 mln impairment charge
2019-05-29 10:01:00| Telecompaper Headlines
(Telecompaper) Australian operator Telstra has announced that "as a result of good progress on its T22 strategy", it expects to take a non-cash impairment and write down the value of its legacy IT assets by around AUD 500 million. Telstra also announced it is increasing guidance on its FY19 restructuring costs by AUD 200 million, as a result of bringing forward consultation on proposed job reductions.
Macy's to cut jobs, invest in supply chain efficiency
2019-02-27 13:22:00| Daily apparel & textile news and comment - from just-style.com
As part of its efforts to boost profitability, US department store retailer Macy's Inc has outlined plans to reduce its upper management structure, in a move it says will allow better investment in areas such as improving supply chain efficiency and enhancing inventory management.
Macy's to cut jobs, focus on supply chain efficiency
2019-02-27 13:22:00| Daily apparel & textile news and comment - from just-style.com
As part of its efforts to boost profitability, US department store retailer Macy's Inc has outlined plans to reduce its upper management structure, in a move it says will allow better investment in areas such as improving supply chain efficiency and enhancing inventory management.
PepsiCo to cut jobs, close factories in business overhaul
2019-02-18 11:37:00| Daily beverage news and comment - from just-drinks.com
PepsiCo is instigating a restructuring plan to simplify its business model, which will involve job losses and factory closures along with billions of dollars in associated costs.
Autoparts maker Brose to cut 100 jobs at Ontario operations
2019-02-05 20:56:12| Canadian Plastics Headlines
The Germany-based company says it is adjusting production capacity at its London, Ont. manufacturing facility to meet shifting customer demand as the market moves away from passenger cars towards SUVs and crossovers. The post Autoparts maker Brose to cut 100 jobs at Ontario operations appeared first on Canadian Plastics.
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