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Redundancies

World news about “Redundancies” published by euronews.

  • Compromise over job cuts may end Iberia strikes

    Spanish airline Iberia and its unions seem to be close to an agreement on mass job cuts. The idea did not find favour with some employees, who chanted “We… 11/03/2013

  • Chill winds hit Vestas 3,000 jobs to go

    Danish turbine maker Vestas is to axe 3,000 jobs after poor orders battered third-quarter profits. The sector has been fighting overcapacity, rising costs… 08/11/2012

  • RWE earnings recovery lags peer E.ON

    German energy firm RWE did not do as well as its main rival E.ON in terms of profit growth in the first half of the year. Announcing its results one day… 14/08/2012

  • Google slashes Motorola jobs seeking profit

    Motorola Mobility is to cut 20 percent of its workforce – 4,000 people – and shut nearly a third of its offices worldwide. That word came from the internet… 13/08/2012

  • Job cut report drives up Peugot Citroën’s stock

    PSA Peugot Citroën’s shares gained on a report that it is to cut more jobs than originally planned this year in France, up to 10,000. With European car… 03/07/2012

  • Novartis cuts more jobs on drug setback

    In its latest round of job cuts, Novartis is to axe nearly 2,000 of its US workforce, mostly from the sales division. The Swiss drugmaker is trimming costs… 13/01/2012

  • Spain: protests against Bankia cutback plans

    There have been protests in cities across Spain by bank workers, angry at plans by the country’s second biggest savings bank to slash jobs and pay. Bankia… 24/12/2012

  • European carmakers apply the brakes

    The carnage continues among carmaker with Ford saying on Thursday that would cut its production capacity in Europe by 18 percent; that is 355,000 vehicles a… 25/10/2012

  • More woes for Peugeot Citroen

    Europe’s second biggest car maker has posted losses of 819 million euros for the first half of the year – almost four times as much as experts had… 25/07/2012

  • Italy in throes of labour reform

    Italy is at a potentially groundbreaking stage of reform, as the government of Prime Minister Mario Monti grapples with very controversial changes to labour… 18/04/2012

  • Sony ‘plans to cut 10,000 jobs worldwide’

    Sony is to cut 10,000 jobs worldwide, Japanese newspaper The Nikkei reported on Monday. The report did not specify how many of the cuts would be made in… 09/04/2012


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