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Monsanto Harvests Jobs To Cut Costs
2015-10-19 10:04:38| Chemicals - Topix.net
Monsanto has expectations for earnings per share to double by 2019, and while the global economic environment remains uncertain, we like the chances it will achieve such a goal. Monsanto recently developed a restructuring plan in which it will cut 2,600 jobs to reduce costs over the next 18-24 months.
Monsanto to cut 2,600 jobs in restructuring
2015-10-07 20:54:35| Chemicals - Topix.net
Monsanto Co., buffeted by a slumping global farm economy, outlined plans to slash 12% of its workforce and restructure its business as it reported a larger quarterly loss. The biotech-seed maker said it planned to cut 2,600 jobs while "streamlining and reprioritizing" commercial and research efforts as it grapples with declining crop prices that have pinched incomes for farmers, its main customers.
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AT&T to cut 200 wireline call center jobs at its Houston facility
2015-10-06 20:08:57| Telecom - Topix.net
AT&T is laying off 200 wireline workers in its Houston call center facility that are charged with taking consumer collection calls for its traditional voice and U-verse video and broadband services. The service provider said that the volume of calls at its Houston center had been declining.
Rolls-Royce to cut 400 marine jobs by 2016 due to weak oil prices
2015-10-06 01:00:00| Offshore Technology
UK-based Rolls-Royce has announced plans to reduce 400 marine jobs globally by the end of 2016, citing the sharp fall in oil prices.
Sprint to cut jobs, reduce up to $2.5 billion in costs: WSJ
2015-10-02 02:44:58| Telecom - Topix.net
Sprint Corp plans to cut an unspecified amount of jobs and about $2-$2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. The wireless carrier has frozen external hiring and all expenditures require the approval of the finance department, WSJ reported, citing the memo sent to staff by the new chief financial officer.
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