1,200 jobs axed as P&amp;O shuts four ferry routes
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The shipping giant P&amp;O is to close four of its 13 ferry routes with the loss of about 1,200 jobs, it was announced today. Reducing the number of ships it operates from
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Bank of America Corp. said yesterday it will eliminate 4,500 more jobs as it absorbs the operations of FleetBoston Financial Corp.
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The popularity of cut-price airlines and the Eurostar rail service to the continent is threatening to sink the ferry industry, where 1,200 job losses were announced yesterday.
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Blockades are being organised over government funding cuts that will lead to 180 job losses at British Waterways.
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It sounded like the death knell for the cross-Channel ferry industry last month when P&O announced it was to cut four of its 13 routes and shed 1,200 jobs.
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Carmarker Vauxhall is to cut 434 jobs across two UK plants, the Transport and General Workers&#39; Union has said. The union said 340 jobs are to go at the company&#39;s Ellesmere Port facility, and a further 94 at its site in Luton.
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Unilever today announced that it was closing a Birds Eye frozen ready meal factory in Grimsby with the loss of 600 jobs. The consumer products giant said the decision to shut the Lincolnshire plant had followed
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Hundreds of branch employees at Fleet Bank, one of the largest banks in Philadelphia and now part of Bank of America, are being laid off Wednesday across the Northeast.
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Flooding causes cancellation of train services and problems on the roads
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P&amp;O staked its immediate future as a ferry operator on the burgeoning freight market yesterday as it blamed the death of the booze cruise for the need to axe one-fifth of its workforce.
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T-Mobile, Germany's leading mobile phone operator, said it was planning to axe up to 2,200 jobs as part of a  one-billion-euro (1.3-billion-dollar) cost-cutting drive to boost profitability in face of current difficult market conditions.
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SHIPPING giant P&amp;O Ferriesâ decision to take the knife to routes, ships and jobs is mainly surprising in that it has taken so long.
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Insurance firm Royal & Sun Alliance says it is cutting 1,100 jobs in the UK and moving the posts to India.
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Bank of America Corp. yesterday laid off hundreds of workers at Fleet bank branches across the Northeast as the North Carolina bank began to implement its brand of ...
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The UK's largest brewer announces it is closing its operation in Berkshire putting 362 jobs there at risk.
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Large swathes of London's sprawling transport network shut down Monday night after maintenance workers walked off the job, arousing commuter anger and drawing warnings the strike will inconvenience millions of Britons.
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Company cutting 375 jobs to eliminate redundancies in wake of ATI acquisition.