Job cuts planned at Premier Foods
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Premier Foods, the firm behind Branston Pickle and Oxo stock, is to shut six factories, putting 1,000 jobs at risk.
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J Sainsbury Plc Chief Executive Justin King will cut one quarter of the company&#39;s headquarters workforce and halve the dividend as he seeks to revive profit and regain customers lost to Tesco Plc and Wal-Mart Stores Inc.
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Cadbury Schweppes said Tuesday it planned to slash 15 percent of its workforce at its confectionery arm following the likely sale of its US soft drinks business.
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The company said it would cut 3,000 jobs, or 4.6 percent of its global work force, to ensure future profit growth as generic competition hurts sales.
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Cadbury Schweppes said on Tuesday that it planned to slash 15 percent of its workforce at its confectionery arm following the likely sale of its US soft drinks business.
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Department store operator J.C. Penney Co Inc  is set to cut 100 to 200 jobs as it merges its buying and marketing operations for its store and online businesses, Chief Executive Myron Ullman said in an interview with The Wall Street Journal.
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Colgate-Palmolive, the US consumer products company, has said that it plans to close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.
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Pressured by global competition, Colgate-Palmolive announced today that it would cut jobs and close plants to increase profit margins.
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P&amp;O is to cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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Apparel maker Liz Claiborne Inc.   is planning job cuts that could total as much as 10  percent of its workforce, the New York Post reported on its Web  site on Tuesday.
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Cardinal Health Inc. will cut 4,200 jobs, or 7 percent of its work force, as part of a three-year restructuring plan outlined Monday by the Central Ohio health-care products and services provider.
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Job cut announcements by US employers totaled more than 100,000 for a second month in October, suggesting companies may trim work forces in anticipation of fewer orders, a private survey found.
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Company is considering a gradual exit from processor sales.
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around ten plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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GlaxoSmithKline warns it will cut jobs and close some factories as part of a cost-cutting plan.
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.
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Credit card company Capital One Financial plans to eliminate 2,000 jobs, or about 6 percent of its workforce, as part of a $700 million restructuring, the company said yesterday.