Biodiesel maker Imperium Renewables slims down workforce
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After delaying its IPO and losing its CEO, the company reduces staff to navigate short-term challenges.
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As the European Commission caves in to carmakers, scaling back on emissions rules, focus shifts to greener fuels and what oil companies can do. In Autopia.
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German industrial chemicals giant Celanese, a unit of US investment fund Blackstone, said it would slash around 1,000 jobs worldwide, nearly 10 percent of its workforce, in a restructuring drive.
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When 1,800 workers lost their jobs after a Maytag appliance factory and headquarters closed last year in the small town of Newton, Iowa, a wind turbine blade company saw opportunity Â an available, skilled workforce in the middle of one of America's hardiest wind energy production regions.
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Colgate-Palmolive is to cut about 4,440 jobs -12 per cent of the workforce - and close roughly one-third of its factories amid fierce competition from Procter &amp; Gamble.
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World's biggest printing machine maker lowers its outlook as reduced advertising budgets spell weaker demand.
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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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Aluminum producer Alcoa Inc.  on  Tuesday announced a restructuring of its product operations  that will include plant closings and could ultimately result in  a 10 percent reduction of its worldwide work force.
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Revlon Inc. , the cosmetics maker controlled by financier Ronald Perelman, will eliminate about 8 percent of its US workforce and stop selling Vital Radiance makeup after sales fell below the company's expectations. The shares plunged 12 percent, the most in two months.
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Palm has laid off "a small percentage" of its workforce, largely in its development group.
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Solar-cell vendor has laid off 40 employees, according to a report. If true, it would cap off a tough year for the once-hot CIGS vendor.
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Colgate-Palmolive yesterday announced plans to cut 12% of its workforce and close a third of its 78 factories worldwide as it struggles with rising raw material and energy costs and intense competition.
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General Motors Europe will slash its workforce by around a fifth, cutting as many as 12,000 jobs in a bid to halt chronic losses in the region, the world&#39;s biggest carmaker said on Thursday.
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The Anglo-Dutch Shell Petroleum Development Company (SPDC) has announced to shut down a flow station and withdraw 244 non-core workers from oil fields in the Niger Delta as battles
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When British regulators shut down Chiron Corporationâs (an Emeryville, Calif. biotechnology company) Liverpool, England factory on Tuesday, Oct. 5, citing concerns about bacterial contamination, they cut
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Germany taxes, rather than subsidies, biodiesel. That's killing the industry.
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Oilfield service company Weatherford's has been hit by the Canadian rig count decline.