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Laying off thousands of Sprint employees isn't cheap

2014-11-08 07:52:25| IT Services - Topix.net

En route to $400 million in labor cost savings for the fiscal year, Sprint Corp. plans to recognize an even larger severance-related charge. In a federal filing the Overland Park-based carrier said it plans to pay $105 million more - in addition to its previously reported $160 million charge - in severance-related costs for the three-month period ended Sept 30. The new charge brings Sprint's total severance costs for the three-month period to $265 million.

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Track laying works in Gotthard Base Tunnel completed

2014-11-03 01:00:00| Railway Technology

AlpTransit Gotthard has completed the track laying work on the 57km-long Gotthard Base Tunnel, which is said to be the world's longest railway tunnel.

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Keel Laying Ceremony of the 1,200 Passenger Vessel for Tanzania Designed by SENER

2014-10-02 11:40:00| Naval Technology

The keel of the 1,200 passenger vessel designed by the engineering and technology group SENER was recently laid in Factory No. 2 of POSCO PLANTEC, in Ulsan, South Korea.

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AIS-Rig Preparation and Pipeline Laying Services

2014-08-19 01:00:00| Offshore Technology

AIS was established in 1963 and is a specialist in the petrochemical industry.During the 1970s, AIS grew through the acquisition of various major hydrogenation and oil companies, allowing the company...

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Market Basket is laying off thousands of part-time employees amid family feud

2014-08-07 20:56:45| Grocery - Topix.net

Demoulas Super Markets is laying off thousands of part-time workers by early next week as the company's management reacts to a sharp slowdown in traffic at its 71 Market Basket stores.

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