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Polarcus Cuts Jobs and Executive Salaries
2020-06-22 15:22:11| OGI
Polarcus Ltd. has revealed on June 22 it will cut its workforce by 20% and senior-level salaries by 10% to help navigate the market uncertainty caused by the combined impact of the COVID-19 pandemic and oil price volatility.
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executive
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Aer Lingus to cut up to 500 jobs due to pandemic
2020-06-19 18:16:16| BBC News | Business | UK Edition
The coronavirus outbreak and the lockdown have had a "catastrophic' effect on business, says the airline.
AT&T closes 250 stores, cuts thousands of jobs
2020-06-18 02:00:00| Total Telecom industry news
The slow decline of highstreet retailers has been well understood for many years, but the recent lockdown during the coronavirus pandemic has accelerated to the process, as internet commerce takes centre stage. Earlier this week, US operator AT&T admitted that the damage to their retail arm had been severe and would be resulting in the closure of 250 shops around the country…read more on TotalTele.com »
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Coronavirus: Travis Perkins to cut 2,500 jobs
2020-06-15 14:45:35| BBC News | Business | UK Edition
The UK's biggest builders' merchant, Travis Perkins, is to cut 2,500 jobs and close 165 branches.
German airline Lufthansa plans to cut 22,000 jobs
2020-06-11 11:46:08| BBC News | Business | UK Edition
The German airline is struggling to deal with the fall in demand for air travel caused by the pandemic.
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