P&amp;O to axe up to 1,200 jobs
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.
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Motorola, the world&#39;s second largest mobile phone maker, is cutting 1,000 jobs although its core cellphone business will be unaffected.
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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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British music company EMI is to axe up to 2,000 jobs in a restructuring plan by its new private-equity owners to save up to 200 million pounds ($392 million) a year and recast itself for the digital age.
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Peninsular &amp; Oriental Steam Navigation Co., the UK&#39;s largest ferry and ports operator, will trim its ferries fleet and cut 1,200 jobs, or a fifth of the unit&#39;s workforce, to stem losses.
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The BBC today confirmed plans to axe 2,900 jobs over the next three years under moves to make savings of Â£320 million. In a special message to staff, director general Mark Thompson said
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Royal &amp; SunAlliance, second-biggest general insurance company in Britain, announced on Monday it will transfer as much as 1,100 jobs to India to raise the number of employees in the country to 1,200 within a couple of years.
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Shipping giant P&amp;O Ferries is scrapping four of its 13 routes across the English Channel, in a move that will eliminate about 1,200 jobs, or nearly 20 percent of its overall work force.
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LONDON : Peninsular and Oriental Steam Navigation Co (P and O) -- the ports, shipping and logistics group -- announced sweeping cuts to its ferry operations to refocus the business in the face of competition from low-cost airlines.
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Pfizer Inc.  said on Tuesday it would cut its U.S. sales force by about 20 percent, or some 2,200 jobs, as part of a comprehensive cost-cutting program.
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UK insurance giant Royal &amp; Sun Alliance is to offshore some 1,200 back office and call center jobs to India over the next two years.
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Motorola (Quote, Chart) said it would cut 1,000 jobs, a move prompted by the spinout of its Freescale Semiconductor (Quote, Chart) subsidiary.
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Ford Motor Co. announced Friday that it would eliminate 1,150 jobs in England to streamline its Jaguar Cars Ltd. unit, where weak sales have failed to offset spending on new products and other parts of the business.
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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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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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Peninsular and Oriental Steam Navigation Co (P and O) -- the ports, shipping and logistics group -- announced sweeping cuts to its ferry operations to refocus the business in the face of competition from low-cost airlines.
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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.