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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. 

Tags: end jobs charge cut

 

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.

Tags: jobs supply cut chain

 
 

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.

Tags: jobs focus supply cut

 

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.

Tags: business close jobs cut

 

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.

Tags: jobs cut operations ontario

 

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