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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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Sainsbury's cuts 800 supermarket jobs

2015-04-23 12:05:12| BBC News | Business | UK Edition

Supermarket Sainsbury's is cutting about 800 jobs as part of a restructuring at its stores.

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Exclusive - Bacardi cuts jobs at Global Brands unit

2015-04-13 05:54:00| Daily beverage news and comment - from just-drinks.com

Bacardi is cutting an unspecified number of jobs from its London-based Global Brands division.

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C&C Group cuts jobs in UK restructure

2015-04-08 16:24:00| Daily beverage news and comment - from just-drinks.com

C&C Group has made a "small" number of redundancies as part of a merger of its UK cider and wine & spirits businesses.

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Woodside Petroleum cuts 300 jobs and freezes pay

2015-03-24 03:30:14| Energy - Topix.net

Woodside Petroleum is cutting 300 jobs and freezing pay as the energy giant slashes expenditure following a plunge in the oil price. It said some roles would change as a halving in the oil price over the past year had put pressure on its bottom line and prompted it to accelerate efficiency plans.

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