P&amp;O to cut up to 1,200 jobs
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P&amp;O will cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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LONDON, December 1  - Bombardier Inc (BBD.B.TOR) announced today plans to cut 2,200 more jobs at its train manufacturing unit, while reducing the production of its 50-seater regional jets, after having reported lower-than-expected third
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The announcement came almost two months after its parent company, Hertz Global Holdings, said it would eliminate 200 jobs to increase competitiveness.
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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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CABLE &amp; Wireless has unveiled another round of job cuts, with the announcement that it plans to reduce its head count in the UK and Continental Europe by 600.
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Hasbro Inc , the world's second-largest toy and game company, announced plans to improve productivity at its Massachusetts facility on Wednesday, a move that will cut 200 jobs.
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Unisys Corp. plans to cut 1,400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide, it announced Wednesday.
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Morgan Stanley  on Wednesday  said it will eliminate 1,000 jobs as it scales back its U.S.  residential mortgage operations and closes its British  residential mortgage lending business, Advantage Home Loans.
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Cardinal Health Inc. said it will cut 4,200 jobs as part of a three-year restructuring plan aimed at boosting annual earnings by $500 million.
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MONTREAL (CP) - Bombardier Inc. is cutting 2,200 more jobs in its rail transportation division, bringing the total reductions to 7,600 by April 2006 - or 21 per cent of the division&#39;s workforce.
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General Motors of Canada will cut about 1,100 jobs at a truck plant in Ontario amid slumping pickup sales, the company said.
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Hasbro Inc , the world's  second-largest toy and game company, announced plans to improve  productivity at its Massachusetts facility on Wednesday, a move  that will cut 200 jobs.
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The shipping giant P&amp;O, under increasing pressure from low-cost airlines and the Channel tunnel, today revealed plans to cut four ferry routes and slash its workforce by 1,200.
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AUSTIN, Texas - Freescale Semiconductor Inc. plans to cut at least 1,000 jobs from its worldwide operations, the company said as part of its second earnings report since it went public in July after being spun off from Motorola Inc.
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Cross-channel ferry operator P&O cuts 1,200 jobs and four ferry routes in a radical attempt to revive its faltering business.
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US drugs firm Pfizer plans to cut 20% of its US sales force, about 2,200 jobs, to cut costs and offset the loss of patents.
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Nortel Networks Corp.    said on Tuesday it will cut 1,100 jobs globally as the  communications equipment maker seeks to improve operating  margins.