Swiss Re set to shed 2,000 jobs
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Swiss Re is to cut 2,000 jobs at its Insurance Solutions unit, bought from GE last year, by the end of 2007.
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American Express Co said it will cut 2,000 jobs, or 2.5 per cent of its work force, in a restructuring designed to save more than USD 75 million a year before taxes.
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Credit Suisse  trimmed its  full-year write-downs linked to the subprime crisis to 2.0  billion Swiss francs ($1.82 billion) on Tuesday in contrast to  rivals hits by rising charges and raked in billions in new  investments from wealthy clients.
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Switzerland is to give $2 million (SFr2.29 million) to help rebuild a village in Thailand which was devastated by last week's tidal waves.
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Business & money: Swiss bank suffers a further Â£2bn writedown, pushing it into the first annual loss in its history
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Germany's biggest banks is to cut 1,920 positions over the next two years as part of an ongoing reorganisation.
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British music giant EMI Group PLC is preparing to cut up to 2,000 jobs, or about one-third of its work force, as part of a contentious restructuring plan being prepared by the group's new owner, Terra Firma Capital Partners, reports said Sunday.
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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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Switzerland's struggling national airline announced a further cost-saving package Tuesday, saying it plans to slash up to 1,000 jobs and cut 13 aircraft from its fleet.
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Goldman Sachs Group Inc  and Credit Suisse Group  on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on fixed-income trading and corporate dealmaking.
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Papermaker and forest products company Svenska Cellulosa AB said Tuesday it would cut 1,200 jobs, or 2.4 percent of its overall work force, as it seeks to cut costs amid competition from rivals and declining demand. Most of the job losses will be at plants in France and the Netherlands.
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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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Nortel Networks Corp.   will slash 2,900 jobs, or 8.5 percent of its workforce, over the next two years and shift another 1,000 employees to lower-cost locations like China, India and Mexico as North America's biggest maker of telephone equipment struggles to shore up its profits.
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The firm starts a technical support which it hopes will create about  2,000 jobs.
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ABN Amro, the Netherlands&#39; largest bank, is to cut 2,850 jobs as a result of falling profits. The cuts - amounting to 3% of the bank&#39;s workforce - will result in a one-off charge of 790m euros ($1.1bn).
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Switzerland's struggling national airline will cut up to 1,000 jobs and shrink its fleet by 15 percent as part of a second wave of restructuring aimed at saving &#36;250 million a year and restoring the company's health.
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Goldman Sachs Group  and Credit  Suisse Group  on Friday said they will cut about 2,000  job worldwide as a credit crisis puts a damper on fixed-income  trading and corporate dealmaking.