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Manitoba Telecom to cut 400 additional jobs from Allstream, reduce dividend
2015-05-07 14:17:20| IT Services - Topix.net
Manitoba Telecom Services Inc. says it's reducing the workforce at its Allstream national division by 25 per cent. The Winnipeg-based company says 100 employees have already left and a further 400 have been notified they'll be leaving the business in 2015 or 2016.
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Motor parts company axes 176 jobs
2015-05-07 13:52:01| BBC News | Business | UK Edition
A motor industry components maker is to axe 176 jobs in Suffolk and move them abroad.
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Siemens to cut 4,500 jobs worldwide
2015-05-07 10:18:02| BBC News | Business | UK Edition
German electronics giant Siemens plans to cut 4,500 jobs - 1% of its global workforce - as it misses profit forecasts.
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Siemens slashes more jobs
2015-05-07 10:14:46| Telecom - Topix.net
German engineering giant Siemens said on Thursday that it would slash an additional 4 500 jobs worldwide, on top of 7 800 cuts announced in February as part of an ongoing restructuring plan. Some 2 200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300 000 people in all.
Siemens cuts another 4,500 jobs as oil decline burdens profit
2015-05-07 08:48:09| Industrial Machines - Topix.net
Siemens, Europe's largest engineering company, will cut another 4,500 jobs after second-quarter profit fell more than estimated by analysts, burdened by the declining oil price. Profit from so-called industrial operations fell 4.9 per cent to 1.66 billion euros, the Munich-based company said in a statement.
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