Colgate-Palmolive Cuts Staff
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The maker of such products as Colgate toothpaste, Palmolive soaps and Ajax cleansers said it will record a charge of US$45 million in the fourth quarter, the first in a series of charges to cover the costs of the plan.
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NEW YORK - Colgate-Palmolive Co, which makes consumer products like Colgate toothpaste and Ajax detergent, plans to cut its work force by about 4,400 jobs as part of a restructuring plan aimed at boosting its sales and profits around the world.
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US firmss have cut back on the total number of staff employed for the first time in four years, official data shows.
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Colgate-Palmolive Co., the consumer products giant, will close a third of its factories and cut 4,400 jobs, or roughly 12 percent of its worldwide workforce, as part of a
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Stocks to watch on Monday: COLGATE-PALMOLIVE CO. :
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Swiss drugmaker Novartis said Thursday it plans to cut 2,500 jobs in a restructuring programme aimed at generating yearly cost savings of 1.6 billion dollars (1.1 billion euros).
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Colgate-Palmolive Co. CL.N said on  Tuesday it would cut about 12 percent of its 37,000-person work  force as part of a four-year restructuring plan for which it  anticipates after-tax charges of $550 million to $650 million.
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Colgate-Palmolive Co. CL.N said on  Thursday its quarterly profit fell as the maker of toothpaste  and other consumer products took a charge for its restructuring  plan and spent more on advertising.
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Oracle Corp ORCL.O, the  business software maker that recently acquired rival  PeopleSoft, said on Friday it plans to cut the combined work  force of the two companies by about 5,000 people, leaving a  total of 50,000 employees.
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WASHINGTON -- The Colgate-Palmolive Co. said Thursday that 5-ounce tubes of counterfeit toothpaste sold in discount stores in four states under a Colgate label are being recalled because they may contain a poisonous chemical.
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Terra Firma, the private equity firm that recently acquired EMI Group, announced a major restructuring of the music company, saying it would eliminate close to a third of the staff.
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Soon after announcing plans to sell stake in company to venture capital firm, Palm cuts unspecified number of jobs Thursday, CNET News.com has learned.
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NEW YORK CITY - Colgate-Palmolive Co. announced its plans on Tuesday to axe about 4,400 jobs and close one third of its 78 plants worldwide.
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Colgate-Palmolive, the consumer products company, said yesterday that it would close about a third of its factories and cut more than 4,400 jobs over the next four years as part
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Colgate-Palmolive Co. will cut about 4,440 jobs and close a third of its factories and put the savings into advertising and product development amid rising competition with Procter &amp; Gamble Co.
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Procter &amp; Gamble Co. has cut 300 Gillette jobs on the one-year anniversary of the $54 billion takeover that ended a century of independence for the Boston shaving firm.
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Colgate-Palmolive today said it is cutting 4,400 jobs and closing a third of its 78 factories around the world. The group, which makes grooming and cleaning products including Colgate toothpaste and Ajax detergent