Kodak To Cut 600 Jobs in UK, 270 in France
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Kodak said the reductions are because of the increasing popularity of digital photography. The cutbacks are part of the three-year program Kodak announced in January to reduce its
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More than 430 jobs will be lost at car giant Vauxhall in Britain, including 340 from Merseyside, under a huge cutback across Europe aimed at making savings.
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Eastman  Kodak Co. announced on  Tuesday it would restructure several plants based in Britain  and France, resulting in the loss of hundreds of jobs by 2005.
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Telecoms group Cable & Wireless is to shed 600 jobs in the UK and Europe as part of an ongoing restructuring.
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As part of a four-year turnaround plan, Eastman KodakÂ expects to cut 5,000 to 7,000 jobs by the end of 2007 in an effort to reduce its administrative overhead and boost profits from digital photography instead of standard film, the company told investors Thursday.
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German drugs firm Bayer announces 6,100 job cuts worldwide as part of a major cost-cutting drive.
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French carmaker PSA Peugeot -Citroen is cutting 10,000 jobs, or 7 percent of its European workforce, and is imposing a hiring freeze as it tries to cut costs amid a sales slump .
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Japan's Fujifilm Holdings Corp said on  Wednesday it plans to shift its remaining digital camera  production to China and cut an unspecified number of jobs as it  restructures its struggling camera operations.
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Eastman Kodak Co., the world's top maker of photographic film, on Wednesday posted a quarterly profit as lower costs and strength in its kiosk business helped overcome a 25 percent drop in sales of digital cameras and accessories.
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LONDON (CBS.MW) -- Eastman Kodak said Tuesday it will cut 870 jobs at its manufacturing sites in the UK and France due to the &quot;increasing popularity of digital photography&quot; and the corresponding decline in traditional film photography.
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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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Sprint Corp., the telecommunications giant, said yesterday it will cut 700 jobs in its business solutions division as it stops selling business long distance services outside of package deals.
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ROCHESTER, N.Y. -- Eastman Kodak Co. posted its first quarterly profit in more than two years on Wednesday as it enters the final stretch of a tough transformation into a digital photography and commercial printing company.
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TUI, Europe's leading travel and tourism group, has said that it plans to cut 3,600 jobs, most of them in Britain.
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Eastman Kodak Co. EK.N said  Wednesday it will close three photofinishing labs in Spain and  Norway and downsize another in Switzerland, the latest steps in  its plan to cut investment in traditional film products.
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THE photo-equipment maker Kodak yesterday announced plans to axe 600 jobs in the UK and close a factory in Nottinghamshire, in a move in line with the giantâs global restructuring strategy unveiled last January.
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Eastman Kodak Co., the world's largest maker of photographic film, said Tuesday it will restructure manufacturing plants in Britain and France as part of the company's three-year program to reduce worldwide employment by 12,000 to 15,000 and cut total facilities square footage by one-third.