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Sprint to cut jobs, reduce up to $2.5 billion in costs: WSJ

2015-10-02 01:33:11| IT Services - 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.

Tags: jobs costs cut reduce

Spain's Repsol energy firm plans to cut 1,500 jobs over 3 years, a reduction of 6 per cent

2015-10-01 21:37:15| Oil & Gas - Topix.net

Spanish energy company Repsol plans to eliminate 6 per cent of its workforce by 2020, meaning about 1,500 job cuts for the company's roster of 25,000 employees. Repsol SA said Thursday in a letter to employees that the cuts are part of a three-year strategic plan for 2016-2020 aimed at making the company more efficient and ensuring its viability.

Tags: per years jobs plans

ConAgra to Cut 1,500 Jobs, Moving HQ to Chicago

2015-10-01 16:57:26| Food - Topix.net

ConAgra said the decision should result in about $200 million in cost savings with most of that realized in fiscal 2018. The company said the savings are in addition to approximately $150 million in cost cuts over the last two years.

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ConAgra will cut 1,500 jobs, move its headquarters to Chicago

2015-10-01 16:17:02| Agriculture - Topix.net

ConAgra Foods Inc., coping with a slowing packaged-food industry and a failed acquisition of Ralcorp Holdings Inc., will cut about 1,500 jobs and move its headquarters to Chicago as part of a plan to boost efficiency. The eliminated jobs represent about 30 percent of the company's office workforce globally, according to a statement on Thursday from ConAgra, which is currently based in Omaha, Nebraska.

Tags: jobs move cut chicago