Abbey National facing big layoffs
27640
A Spanish bank seeking to buy Britain&#39;s Abbey National says it will dismiss about 3,000 workers to achieve costs savings, if the buyout is approved.
645897
Sallie Mae, the giant student loan company, yesterday said it would lay off about 3 percent of its workforce to cut costs in the face of shrinking federal subsidies and other financial pressures.
556305
Abbey National today looked set for Spanish ownership after banking group HBOS declared it was no longer considering a rival bid. Here are the key dates in the long-running saga over the troubled bankâs future.
354901
Workers losing their jobs at a County Londonderry computer company are to hear details of redundancy terms.
164230
Spanish Bank Santander Central Hispano intends to cut about 3,000 jobs at Britain&#39;s Abbey National if its proposed acquisition of the British bank is completed.
557054
Abbey National faces a high court challenge to its Â£9bn takeover by Banco Santander Central Hispano because of concerns about criminal charges faced by executives of the Spanish bank.
97503
UNION officials have warned of the threat to up to 2000 Scottish jobs if Spanish bank Santander sells Abbey - s closed funds after it completes its 8.4 billion takeover of the British bank next month.
512225
Two of the biggest US airlines warn of steep cuts in staff benefits as they face what a bankruptcy judge calls a "fiscal timebomb".
709422
Santander Central Hispano SA, Spain&#39;s largest bank, said Francisco Gomez-Roldan will replace Luqman Arnold as chief executive officer of Abbey National Plc, the UK mortgage lender it&#39;s buying for 9.1 billion pounds ($16.
143197
Luqman Arnold, chief executive of Abbey National, is likely to walk away with Â£5.2m if the bank is sold to Banco Santander Central Hispano.
624558
Executives urged to quit over risks that took lender to the brink of collapse.
444429
AT&T today announced layoffs affecting more than 20% of its workforce, far higher than the 8% it had said earlier in the year would be laid off.
595466
Emilio Botin, head of Banco Santander Central Hispano, is today expected to tell union officials that the Spanish bank&#39;s Â£8bn takeover of Abbey National might cause up to 4,500 job losses over three years.
4116
Taking 'bank holiday' too literally Abbey's business banking systems have taken an extra long weekend and been completely unavailable since yesterday, leaving customers unable to fulfil critical payments ahead of the spring bank holiday.â¦
279489
SHAREHOLDERS in Abbey yesterday tore into the bank over its coming takeover by Spanish bank Santander, attempting to scupper the Â£8.
609528
Oracle Corp.  will announce layoffs on Friday as a result of its recent acquisition of PeopleSoft, the company said on Friday.
613099
Goldman Sachs Group  and Credit  Suisse Group  on Friday said they will cut about 2,000  job worldwide as a credit crisis puts a damper on fixed-income  trading and corporate dealmaking.