Swiss firm to axe 360 UK jobs
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About 360 British jobs are axed by a Swiss agrochemical firm as part of a worldwide cost-cutting move.
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TUI, Europe's largest travel firm, is cutting 800 jobs at its UK businesses - Thomson Holidays, Lunn Poly and Brittania Airways.
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General Motors today announced that it is to axe up to 12,000 jobs in Europe over the next two years in a bid to reduce its annual costs by â¬500m (Â£340m).
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Pizza Hut Switzerland is closing its six remaining restaurants, with the loss of around 100 jobs.
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TUI, Europe's leading travel and tourism group, has unveiled plans to axe thousands of jobs as part of a 250-million-euro (330-million-dollar) cost-cutting drive aimed at steering the group back to higher profits.
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Department store giant Kardstadtquelle is to restructure at a one-off cost of 1.4bn euros and pull out of non-core businesses.
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Insurance giant Swiss Re sells off 'the Gherkin' its landmark building in the heart of the UK financial district for Â£600m.
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Swiss food group Nestle has said that it would slash 645 jobs at a chocolate factory in the northern English city of York.
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GlaxoSmithKline warns it will cut jobs and close some factories as part of a cost-cutting plan
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Tesco is to axe 400 jobs at a distribution centre in Buckinghamshire. The UK's largest retailer plans to shut its automated picking operation at Fenny Lock, in Milton Keynes, after a review of its distribution network.
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Unisys plans to lay off 1,400 workers, mainly in general and administrative positions, and consolidate offices worldwide. The cuts represent 3.8 percent of the company&#39;s staff of 37,000, and
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Cadbury Schweppes Plc , the world's largest confectionery group, plans to cut 7,500 jobs and close around nine plants as it seeks to catch up with the profitability of U.S. rivals after the sale of its drinks arm.
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Cadbury Schweppes said on Tuesday that it planned to slash 15 percent of its workforce at its confectionery arm following the likely sale of its US soft drinks business.
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European jet maker Airbus revealed plans on Wednesday to axe 10,000 jobs, nearly a fifth of its workforce, as part of a radical cost-cutting scheme to lift the company out of a financial crisis.Comment
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LONDON : Eastman Kodak said it would axe 870 job cuts across Britain and France as part of a global cull blamed on the increasing popularity of digital photography.
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British companies will move all the unskilled labour they can overseas within a decade, the head of the UK&#39;s largest employers&#39; organisation warned yesterday.
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Unilever, the world&#39;s largest maker of food and soap, will close its Birds Eye plant in Grimsby, England, leading to the loss of 600 jobs at the UK&#39;s biggest producer of frozen foods.