Vauxhall reveals big losses and cuts 340 UK staff
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VAUXHALL lost more than Â£115 million last year, twice as much as it lost the previous year. The company blamed the competitive car market.
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Volkswagen AG, the world&#39;s fourth  largest carmaker, plans to cut more than a quarter of its U.S.  staff as it moves its local headquarters from Detroit, it said  on Thursday.
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Human error caused the crash that left 80 percent of staff without access to benefits payment processing systems at the Department for Work and Pensions (DWP) last month, supplier EDS has acknowledged.
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The north-east of England's last deep mine is to close with the loss of 340 jobs.
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Engineering firm Rolls-Royce says its plans to cut up to 2,300 jobs to reduce costs and improve efficiency.
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Top automaker reports biggest annual loss in car-making history.
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General Motors Europe will slash its workforce by around a fifth, cutting as many as 12,000 jobs in a bid to halt chronic losses in the region, the world's biggest carmaker said on Thursday.
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Volkswagen AG, Europe&#39;s biggest carmaker, faces production losses at its Wolfsburg headquarters after a sixth set of contract talks with union negotiators on cost cuts, job security and pay ended without agreement.
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The company axes 400 jobs, joining other hard drive makers in eliminating staff.
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The world's largest car builder General Motors is to cut 12,000 European jobs, trimming $500m (Â£280m) from annual costs, it is reported.
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Jarvis, the support services group, announced a record loss yesterday as it wrote off Â£240m to cover past and future problems. It passed its half-year dividend and turnover fell almost 30 per
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Ailing retailer WH Smith today unveiled annual losses of Â£135 million following an âunacceptable performanceâ by its high street business.
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Around 3,500 employees of German auto giant Volkswagen have taken voluntary redundancy since the beginning of the year as part of the group's massive restructuring programme, VW chairman Bernd Pischetsrieder has revealed.
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LONDON, October 19 /PRNewswire/ -- Workers at the Vauxhall plant in Ellesmere Port, Merseyside are facing lay off tomorrow following strike action taken at the Bochum plant in Germany over the job losses announced there last week.
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US firms cut back on the total number of staff employed for the first time in four years, official data shows.
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Engine manufacturer Rolls-Royce Group plc is to cut up to 2,300 jobs in Britain, Europe and the United States in a bid to trim costs, the company said Friday.
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By Christopher Hope Business Correspondent (Filed: 28/08/2004). A question mark is hanging over the future of Jaguar&#39;s three British plants, which employ 7,500 staff, after its owner Ford said it was cutting