Windstream to cut 350 jobs, or 5 percent of work force, in move to balance out sales declineSeptember 30th, 2009 Windstream to cut 350 jobsLITTLE ROCK, Ark. — Windstream Corp.
Steel Ministry to reconstruct Bird GroupSeptember 11th, 2009 New Delhi, Sept 11 (IBNS)The Cabinet has approved the restructuring of Bird Group of Companies (BGC) under Ministry of Steel. The restructuring proposal envisages converting companies under BGC into Government companies / PSUs and vesting their management control of RINL in a subsidiary cum holding structure in order to make these companies economically viable and sustainable.
Monsanto expands plan to cut work force by 8 percent, up from previous plan to cut 4 percentSeptember 10th, 2009 Seed company Monsanto plans deeper staff cutsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Thursday it plans to make deeper work force cuts than previously announced, saying it will reduce its staff by about 8 percent to cut costs.
Cummins to consolidate US filter plants and move operations to Mexico, cut about 400 jobsAugust 25th, 2009 Cummins to consolidate filter plants, cut jobsCOLUMBUS, Ind. — Cummins Filtration, a division of diesel engine manufacturer Cummins Inc., said Tuesday it is consolidating a "significant" portion of its North American filter assembly operations into one of its Mexican plants over the next several months, meaning the loss of about 400 jobs.
Report: Struggling Japan Airlines mulls cutting 5,000 jobsAugust 24th, 2009 Report: Japan Airlines mulls cutting 5,000 jobsTOKYO — Struggling Japan Airlines Corp., which is in the midst of major restructuring, is considering slashing 5,000 jobs in three years, a news report said Monday. The planned job cuts would be equal to about 10 percent of the company's work force, Kyodo News agency said, citing unnamed industry sources.
Estee Lauder slips after posting 4Q loss; analyst says gains reflected in stock priceAugust 14th, 2009 Estee Lauder declines following 4th-quarter lossNEW YORK — Shares of Estee Lauder Cos. followed the broader markets lower Friday after the cosmetics company posted a fiscal fourth-quarter loss because of hefty restructuring charges and unfavorable exchange rates.
Sonus Networks to cut more jobs as restructuring activities wind downAugust 13th, 2009 Sonus Networks to lay off 10 percent of workforceWESTFORD, Mass. — Sonus Networks Inc.
New IT projects to generate 6000 jobs in Madhya PradeshJuly 23rd, 2009 BHOPAL - As many as 6,000 jobs will be generated in Madhya Pradesh by the four Information Technology Parks coming up, Industry and IT Minister Kailash Vijaywargiya told the state assembly Thursday. Replying to a question by independent legislator Paras Saklecha, Vijaywargiya said the four Information Technology Parks, coming up at Indore, Bhopal, Gwalior and Jabalpur, will create jobs for about 6,000 people.
Avon Products to eliminate about 1,200 jobs by 2013 as part of restructuring effortsJuly 22nd, 2009 Avon to eliminate about 1,200 positions by 2013NEW YORK — Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions, or about 2.8 percent of its oevrall work force, by 2013 as part of restructuring efforts amid a recession that has dampened demand for the company's cosmetics.
Belden to cease production at Leominster, Mass., facility, eliminating 170 jobs by July 2010July 21st, 2009 Belden to shut down Mass. plant; 170 jobs affectedST.
Canadian Auto Workers says Chrysler Canada scrapping plans to end a 3rd shift at Windsor plantJuly 10th, 2009 CAW says Chrysler Canada will save 1,200 jobsWINDSOR, Ontario — Chrysler Canada has canceled plans to end the third shift at its minivan plant in Windsor, Ontario, a decision that will save more than 1,200 jobs, the head of the Canadian Auto Workers union said Friday. After months of bad news for the Canadian auto industry, Ken Lewenza said the announcement was a good news story for the hard-hit industrial border city in southwestern Ontario.
Pratt & Whitney cuts 200 jobs as part of restructuring announced in MarchJune 24th, 2009 Pratt & Whitney cuts 200 jobsEAST HARTFORD, Conn. — Jet engine manufacturer Pratt & Whitney said Wednesday it is cutting 200 salaried jobs as it struggles with the deteriorating airline market.
Seed maker Monsanto 3Q profit falls 14 pct, plans to cut 900 jobsJune 24th, 2009 Monsanto 3Q profit falls 14 pct, will cut 900 jobsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Wednesday its third-quarter profit fell 14 percent and it plans to cut 900 jobs, or about 4 percent of its work force.
Defense contractor BAE Systems closing 3 factories in Britain, cutting 500 jobsApril 30th, 2009 BAE Systems closing 3 factories in BritainLONDON — BAE Systems PLC is closing three factories in Britain with the loss of 500 jobs following a drop in its work for the British government, the defense contractor said Thursday. The affected plants, all part of BAE's Global Combat Systems Vehicles and Weapons businesses, are in the English cities of Telford, Leeds and Guildford.
Chrysler CEO says management is working to get more aid, save company and its jobsApril 27th, 2009 CEO says he's working to save Chrysler and jobsDETROIT — Chrysler Chief Executive Robert Nardelli is telling employees that management is doing all it can to get more government aid and save their jobs. Nardelli says in an e-mail Monday that management's No.