Submarine yard 'to cut 600 jobs'
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Devonport Dockyard, which upgrades the Royal Navy's submarines, is shedding 600 jobs, the BBC learns.
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Cable and Wireless, the struggling telecoms group, said it would cut 600 jobs across Europe, part company with a top executive and shut its London headquarters.
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Communications chip maker Agere  Systems Inc. AGRa.N on Wednesday said it will cut 500 jobs  and sell or close a plant in Florida that employs 600 people in  order to reduce costs amid slowing sales.
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LONDON (CBS.MW) -- Cable &amp; Wireless, the UK and Caribbean business telecoms group, unveiled a restructuring and management reshuffle on Wednesday that will see around 600 jobs cut.
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NEW YORK -- Delta Air Lines Inc. , the number three US carrier, said yesterday it will cut 2,000 aircraft-maintenance jobs, up to 3,100 customer-service jobs, and between 1,600 and 1,800 supervisory and administrative personnel as part of a previously announced plan to cut total staffing by 7,000.
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Photography equipment maker Kodak says it is to cut 600 jobs in the UK and close its factory in Nottinghamshire.
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Shipping giant P&amp;O is to close four of its 13 ferry routes with the loss of about 1,200 jobs. Reducing the number of ships it operates from 31 to 23, the company said it would be closing all its Western Channel routes except Portsmouth-Bilbao.
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.
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Sovereign Bancorp. said yesterday it will cut 800 jobs, 77 of them locally, from its workforce of almost 9,000 and close most of its wholesale mortgage operation in an effort to slash costs by $100 million annually.
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Plans for a massive offshore deep water wind farm gain Â£6m support in government funding.
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National Semiconductor Corp., which makes analog chips used in cell phones, computers and televisions, said Thursday it is cutting about 550 jobs, or about 6 percent of its global work force, as it copes with an inventory buildup and lower demand.
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Delta Air Lines yesterday announced plans to cut up to 6,900 jobs over the next 18 months as it struggles to avoid bankruptcy. The airline is in the midst of a restructuring designed to cut $5bn (Â£2.
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HEAVY seas and high winds were last night hampering an operation involving British and Irish ships to rescue a Canadian submarine with 57 crew on board.
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The UK is expected to announce the withdrawal of 600 of its forces from Bosnia.
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The telecommunications firm Cable &amp; Wireless today said it would cut another 600 jobs and return Â£250m to investors as it reaches the halfway mark in a three-year recovery plan.
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European planemaker Airbus is cutting 1,600 UK jobs over the next four year as it looks to reduce costs.
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Britain's military deployment in southern Iraq is to be cut by 500 to 5,000 over the next few months, the Ministry of Defence announced yesterday, just six days after British troops withdrew from their base at Basra Palace.