Chiquita Brands to restructure and cut jobs
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Chiquita Brands International Inc  said on Monday it will cut management jobs and close facilities as part of a restructuring to generate annual cost savings of $60 million to $80 million, sending its shares up more than 7 percent.
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Circuit City Stores Inc.  said on Thursday it plans to shift some 640 store managers and trim its headquarters staff, the latest step in the consumer electronics retailer's turnaround plan.
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Hanesbrands Inc. HBI.N said on   Wednesday it would close some plants in Mexico and the United   States, cutting more than 2,000 jobs, as part of its plan to   reduce costs and streamline manufacturing operations.
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The company's development group has been hit with layoffs.
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The company needs to focus on its core brand rather than launching new products.
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Chemicals group DuPont Co.  said on Monday it would close or streamline 10 plants and cut 1,500 jobs - 2.5 percent of its overall workforce - as part of a plan to restructure its nutrition and crop protection business.
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Cardinal Health Inc. announced a three-year, two-phase restructuring plan that will cut 4,200 jobs and close approximately 25 facilities worldwide.
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BALTIMORE -- Chemical maker Du Pont Co. is cutting 1,500 jobs as it restructures its agriculture and nutrition division, putting the $100 million it expects to save into its seeds business, where it is in an increasingly tough battle with rival Monsanto.
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A restructuring plan is designed to reduce the cost of producing each vehicle and more closely align Chrysler with its parent company.
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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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The struggling chipmaker will eliminate around 10 percent of its workforce -- most cuts coming in management, marketing and IT -- as part of its biggest restructuring since the mid-1980s.
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Footwear maker repositions struggling non-core brands.
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Cardinal Health Inc., a medical products and services company, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.
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The Spanish group Campofrio Alimentacion, owner of CampoMos meat processing plants, announced the plans to restructure its Russian business.
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Ford is widely expected to announce another round of job cuts as it finalises a restructuring drive.
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Fiat SpA, a struggling conglomerate, said Tuesday it has revamped its executive structure and cut 50 white-collar jobs in a bid to make it leaner and more efficient as well as tighten the relationship between the parent holding company and its various industrial units.
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Nestle announces it is to cut 645 jobs in York and sell part of its site as part of a major restructuring plan.