Metso Paper initiates job cuts in Jyvaskyla
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Party secretaries say SDP and Conservatives' dispute over services was key to elections As election night on Sunday drew to a close, there was a degree of unanimity in party offices from the left to the right: ...
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Information provider VNU  said on Monday it planned to cut 4,000 positions and shave 10 percent from its cost base next year.
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Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather the worsening housing slump and problems selling home loans to investors.
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Eastman Kodak Co. announced Tuesday it will cut nearly 900 jobs at three of its manufacturing facilities in Europe as part of the company's shift from traditional film production to digital photography.
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Metso Paper will deliver equipment for groundwood pulp and paper making processes to Myllykoski Group's paper mills in Germany, Finland and the United States.
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Russian oil producer Yukos is cutting back its production and slashing its expenditure, as the company battles for survival.
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UPM-Kymmene, Finland's second largest forestry and paper group, said it would lay off 750 workers at five of its Finnish wood product mills due to an oversupply of sawn timber on the European market.
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Rupert Murdoch&#39;s News International said  on Wednesday it was cutting jobs at its four national British  newspapers to reduce costs amid ongoing revenue pressures in  the industry.
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The Rottneros Group has chosen Metso Paper to supply a new market pulp line for the Utansj mill in Sweden.
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The Houston Chronicle said on Tuesday it will lay off about 5 percent of its work force, the latest round of job cuts in a U.S. newspaper industry hit by declining advertising sales.
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NEW YORKâSoftware maker Computer Associates International Inc. says it will cut 800 jobs, or 5 per cent of its workforce, to reduce costs amid weaker demand and falling prices for software and services.
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Tokyo-based Japan Airlines Corp. hopes to cut 1,000 jobs by encouraging employees to retire early, sources told Kyodo News.
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Information provider VNU  said  on Monday it planned to cut 4,000 positions and shave 10  percent from its cost base next year.
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Finnish phone firm Nokia is to cut 700 jobs globally, in a bid to make itself "more competitive".
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Swedish-Finnish telecommunications operator TeliaSonera said Friday it would slash 2,900 jobs to improve efficiency as it reported a 5.2 percent rise in 2007 earnings that failed to please the market.
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Wireless equipment maker LM Ericsson AB said Monday it will cut up to 400 administrative and sales jobs in Sweden, but many workers will be offered positions with staffing company Manpower Inc.
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DALLAS -- Belo Corp. said yesterday that it would cut 250 jobs, more than half of them at its flagship newspaper, The Dallas Morning News, and that an internal investigation into circulation overstatements