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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.
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.
ConAgra Moving to Chicago, Cuts 1,500 Jobs
2015-10-01 19:03:00| Food Processing
Struggling ConAgra Foods says it will cut 1,500 jobs and move corporate headquarters and 700 jobs to downtown Chicago as part of a restructuring.
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Slim Jim maker ConAgra to cut 1,500 jobs
2015-10-01 18:05:29| Food - Topix.net
ConAgra Foods, the maker of Slim Jims, Peter Pan peanut butter, Orville Redenbacher popcorn and Chef Boyardee, is cutting 1,500 jobs and moving its headquarters from Omaha to Chicago. ConAgra said Thursday that the layoffs will affect workers in the company's corporate offices worldwide and not at any of its food production plants.
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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