Rolls-Royce to cut up to 2,300 jobs worldwide: company
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Engine manufacturer Rolls-Royce Group plc is to cut up to 2,300 jobs in Britain, Europe and the United States in a bid to trim costs, the company said Friday.
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Engine maker Rolls-Royce said Monday that it has won a contract worth 1.3 billion dollars (954 million euros) with the biggest aircraft leasing company in the United States.
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LONDON, October 18  - German automotive giant, BMW (BMW.ETR), has announced the resignation of its Rolls-Royce luxury cars unit head, Karl-Heinz Kalbfell, who had assumed his position just five months ago.
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No. 1 automaker trying to stem losses from unit; most cuts due in Germany next year. RUESSELSHEIM, Germany  - General Motors will cut up to 12,000 jobs over the next two years to reduce annual costs
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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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Rolls-Royce PLC, the world's second-largest aircraft engine maker, said Monday that it won orders worth a total of $6.32 billion, including a record $5.6 billion contract to supply engines to Qatar Airways.
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Rolls-Royce, the maker of plane engines, said Tuesday that Thai Airways had placed an Airbus engine order worth about 300 million dollars (203 million euros) at list prices.
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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.
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French insurance firm AGF, part of Germany's Allianz , is planning to cut between 1,500 and 2,000 jobs, a newspaper reported on Saturday, and the company said it was consulting with staff on boosting competitiveness.
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Hard-pressed luxury marque Jaguar says it will cut about 1,150 jobs at its main plant in Coventry in a bid to return to profits, in another blow to Britain&#39;s fading glory as a carmaking centre.
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Electrical systems maker American   Power Conversion Corp. APCC.O said on Friday it will cut 4   percent of its global work force, or about 330 jobs, as part of   an ongoing cost-cutting bid.
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BERLIN - Germany&#39;s BMW AG said Monday the head of its ultra-luxury Rolls-Royce car brand, Karl-Heinz Kalbfell, has resigned to take up &quot;new responsibilities&quot; outside the company, which has been struggling to meet its sales targets for the superluxury brand
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The new owners of music label EMI Group Â home of the Rolling Stones, Coldplay and the Spice Girls Â said Tuesday that they plan to cut up to 2,000 jobs, or more than a third of its work force, in a restructuring aimed at offsetting the impact of falling revenue from CD sales and the departure of several of its major artists.
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US retailer Macy's said Wednesday it was cutting 2,300 jobs as it vies to overhaul its operations and cut costs amid a slowing economy.
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(Detroit-AP) Dec. 10, 2004 - The world&#39;s largest automotive supplier says it will slash 8500 jobs next year. Delphi had set the same goal for this year and exceeded it.
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Nokia , the world's top cellphone maker, said on Tuesday it plans to close its plant in Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as it moves production to lower-cost regions.
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The company said it would cut 3,000 jobs, or 4.6 percent of its global work force, to ensure future profit growth as generic competition hurts sales.