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Tag: job cuts
DuPont announces Chemours job cuts ahead of spinoff
2015-06-02 08:57:38| Chemicals - Topix.net
WILMINGTON, Del. - DuPont has slashed between 5% and 7% of its performance chemicals unit's workforce roughly one month before it is spun off as an independent company known as Chemours.
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Buffett Endorses Job Cuts for Profit Amid Shareholder Unease
2015-05-04 13:22:58| Food - Topix.net
Berkshire Hathaway Inc. chairman and chief executive officer Warren Buffett, said, "there's no question that waves of layoffs hurt people". Still, he asked: "what would our country be if we kept everyone on the farm?" Photographer: Daniel Acker/Bloomberg Warren Buffett's partnership with 3G Capital, a job-cutting buyout firm that helped him do some of his biggest deals, has hit a nerve with shareholders of the billionaire's Berkshire Hathaway Inc. The first question asked at Berkshire's annual meeting on Saturday came from a Texas shareholder who said he was "suffering heartburn" because of 3G's "brutal" practices at the companies it acquires.
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Hanesbrands eyes 600 job cuts in European restructure
2015-04-17 18:32:00| Daily apparel & textile news and comment - from just-style.com
US apparel maker Hanesbrands, owner of DBApparel and Maidenform businesses, is proposing a restructure that could see some 600 jobs cut in Europe, but has said "manufacturing is unaffected".
Bacardi confirms North America job cuts
2015-04-09 15:56:00| Daily beverage news and comment - from just-drinks.com
Bacardi is moving ahead with plans to lay off around 10% of its staff in North America.
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Low oil prices prompt job cuts at Skiatook, Oklahoma, plant
2015-03-27 07:58:13| Industrial Machines - Topix.net
An Ohio-based company that operates an oil-related product manufacturing plant in Skiatook is laying off 40 of its workers there, a company spokeswoman said Thursday. Worthington Industries in Skiatook employs about 100 workers, and the company cut 40 jobs Tuesday, said Cathy Lyttle, Worthington Industries communications vice president.
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