ABN Amro to cut 2,800 jobs
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AMSTERDAM, DECEMBER 16: Dutch financial group ABN AMRO said on Thursday it would cut 2,850 jobs in a restructuring in which it broadens group shared services (GSS) and refines its wholesale clients business unit.
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Bank of America plans to cut about 150 city jobs as it trims its overall staff by 4,500, people familiar with the situation said. The cuts at the bank, which already said it would slash 12,500
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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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Commerzbank AG said Tuesday it had narrowed its third-quarter net loss but was slashing 900 of the 2,000 jobs in its investment banking division, practically eliminating the unprofitable department.
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Dutch Bank ABN Amro NV said Thursday it will cut 2,850 jobs in dozens of countries in an effort to save euro770 million (around US$1 billion) annually from 2007.
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Bank of America said yesterday that it would cut another 4,500 jobs in the wake of its $47bn merger with rival bank FleetBoston. The cuts amount to 2.5% of the combined group&#39;s workforce.
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Thomas Cook Group, the second-biggest European travel group, on Tuesday unveiled plans to cut up to 2,800 jobs in Britain following its recent takeover of rival MyTravel.
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CHARLOTTE, NC Oct. 7, 2004 - Bank of America Corp. said Thursday that it plans to cut about 2.5 percent of its work force, eliminating about 4,500 jobs as part of a restructuring following its acquisition of FleetBoston Financial Corp.
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T-Mobile, Germany's leading mobile phone operator, said it was planning to axe up to 2,200 jobs as part of a  one-billion-euro (1.3-billion-dollar) cost-cutting drive to boost profitability in face of current difficult market conditions.
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Sovereign Bancorp. said yesterday it will cut 800 jobs, 77 of them locally, from its workforce of almost 9,000 and close most of its wholesale mortgage operation in an effort to slash costs by $100 million annually.
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Analysts were last night downgrading forecasts for ANZ after a disappointing outlook took the shine off the bank&#39;s record $2.82 billion annual profit.
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The British Broadcasting Corporation will slash about 2,900 jobs, more than 10 per cent of its staff, in one of the biggest shake-ups in its 82 year history.
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The new owners of EMI Group said Tuesday that they plan to cut up to 2,000 jobs in a restructuring of the recorded music division
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BAA, the main operator of Britain&#39;s airports, is planning to cut 2,000 jobs in a bid to cut costs after its Spanish owner Ferrovial told its seven British airports to conduct cost and staffing reviews, The Times reported on Thursday.
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Business & money: Closure plans put up to 2,800 jobs at risk.
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The announcement came almost two months after its parent company, Hertz Global Holdings, said it would eliminate 200 jobs to increase competitiveness.
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Bank of America Corp  said it  will lay off about 2,500 workers in Illinois and 1,500 in  Michigan over the next two years in connection with its $21  billion purchase of LaSalle Bank Corp from Dutch bank ABN AMRO  Holding NV .