BBC confirms 2,900 jobs to be axed
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The BBC today confirmed plans to axe 2,900 jobs over the next three years under moves to make savings of Â£320 million. In a special message to staff, director general Mark Thompson said
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CABLE &amp; Wireless has unveiled another round of job cuts, with the announcement that it plans to reduce its head count in the UK and Continental Europe by 600.
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The BBC, the world's biggest public broadcaster, is to cut almost a quarter of its 28,000-strong workforce, in the biggest shake-up in its 82-year history, The Times newspaper said.
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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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The BBC is to take a restructuring charge of more than Â£100m for the biggest shake-up at the publicly-funded broadcaster in a decade.
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Britain's public broadcaster the BBC  announced plans on Thursday to cut 1,800 jobs and integrate its  TV, radio and Internet news operations to confront the  digital-age shift away from traditional media.
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The head of the British Broadcasting Corp. announced budget cuts Thursday that will lead to a net loss of 1,800 jobs.
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Lehman Brothers Holdings and the National City Corporation said yesterday that they would lay off more than 2,000 workers as the banks scale back their struggling mortgage businesses.
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The BBC, the world's biggest public broadcaster, is to cut almost a quarter of its 28 000-strong workforce, in the biggest shake-up in its 82-year history, The Times newspaper in London said on Monday.
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LONDON (CBS.MW) -- The state-funded British Broadcasting Corp. said Tuesday it would eliminate close to 2,900 jobs, mainly in administration, hoping to achieve annual savings of 320 million pounds ($624 million) within three years.
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Britain's public broadcaster, the BBC, announced one of the biggest shake-ups in its 82-year history Tuesday, with plans to axe at least 2,900 jobs, or 10 percent of its workforce, and trim &#36;624 million in costs.
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LOS ANGELES  In some of the harshest cutbacks in the public broadcaster&#39;s 89-year history, the BBC announced plans on Tuesday (Dec. 7) to cut roughly 10 percent of its workforce over the next three years.
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Rolls Royce is planning to slash more than two thousand jobs worldwide, including many in the UK
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Nearly 200 staff take voluntary redundancy EDS told The Register today that it has axed around 250 jobs following its limited voluntary redundancy plan offered to more than 2,500 UK-based staff last month.â¦
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The BBC director-general unveiled &quot;painful&quot; plans to axe up to 5,000 jobs and sell off commercial ventures yesterday in a radical blueprint to direct an extra Â£320 million a year into improving programmes.
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Guy Hands, the private equity owner of EMI, plans to cut up to 2,000 jobs at the ailing British music company, in a plan to rebuild the group which has sparked fury from some of its biggest acts.
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Music company EMI, home to Robbie Williams and Coldplay, will cut up to 2,000 jobs as part of a restructuring being planned by its private equity boss Guy Hands, Sunday newspapers reported.