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Cree outsourcing move means 319 jobs cut in Durham

2015-01-24 00:46:40| Electronics - Topix.net

An "unforeseeable circumstance" with a client has a Durham-based recruiting firm laying off 319 employees on its behalf. The client is Durham-based LED giant Cree .

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Cree outsourcing move means 319 jobs cut in Durham

2015-01-24 00:27:25| Semiconductors - Topix.net

An "unforeseeable circumstance" with a client has a Durham-based recruiting firm laying off 319 employees on its behalf. The client is Durham-based LED giant Cree .

Tags: jobs means move cut

Anheuser-Busch to cut 60 jobs at brewery bottling plant

2015-01-22 15:40:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch has confirmed plans to cease production at a brewery bottling line on the US east coast, which will lead to 60 job cuts.

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Ebay to cut 2,400 jobs, sell Enterprise division

2015-01-22 09:06:00| Telecompaper Headlines

(Telecompaper) Ebay announced plans to cut 2,400 jobs in the first quarter, as it prepares for more changes in its structure. This is equal to around 7 percent of its workforce. In addition to the planned spin-off of PayPal in the second half of this year, the company said it now plans also to sell or list on the stock market its unit eBay Enterprise. Ebay said the business has limited synergies with its other activities. The company also announced a standstill agreement with investor Carl Icahn, the company's largest active shareholder. The agreement appoints Icahn Capital executive Jonathan Christodoro to eBay's board of directors. Wall Street executives Frank Yeary and Perry Traquina were also named to eBay's board. The changes came alongside fourth-quarter results showing eBay's revenues up 9 percent to USD 4.92 billion, and net profit up 10 percent to USD 936 million.

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