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Showing 91 - 100 of 103 results for "job cuts"

Daily Economic Update

... German unemployment is still close to a post-World War II record of 12 per cent reached in March this year. Furthermore, job cuts at some of the country's largest companies could see the current jobless rate of 11.5 per cent rise further and are driving ...

Market wrap

AAP  |  TUESDAY, 15 NOV 2005
... Telstra for the next few years, ahead of the telco's expected full privatisation in late 2006. The market expects massive job cuts to be part of plans to cut costs and stem earnings losses as Mr Trujillo enforces his vision of a "leaner" and "more efficient" ...

Market Wrap

AAP  |  MONDAY, 26 SEP 2005
... Hurricane Rita weakened on its approach to the US and shares in Imperial Tobacco hit record highs after the firm announced job cuts in Germany. The FTSE 100 index finished 27.9 points higher at 5413.6 points -- up 5.7 points for the week.

Standard and Poor's buys Assirt

... acquisition of St George's research business Assirt as the rating agency advances its push into managed fund research. Some job cuts are expected as Standard & Poor's fund management ratings business and ResearchChoice.com website are phased out over ...

Morning market wrap: US stocks head lower on disappointing jobs data

... U.S. firms in October suggested the job market might be some way from a full-fledged turnaround. The number of planned job cuts shot up to 171,874 in October from 76,506 in September, employment research firm Challenger, Gray & Christmas reported. The ...

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
... fiscal year to the higher end of a $362-$495 million range after they are split from AMP's ailing UK arm. It also flagged job cuts, pay reductions for directors and executives and noted that it would fork out about $37.74 million in retention packages ...

CBA to cut domestic workforce by 3,700

... which has a current workforce of about 33,000, said that around 25 per cent of this reduction had already happened. The job cuts are part of CBA's "Which new Bank" customer service transformation, which it launched today. The bank said in implementing ...

CBA annual profit report could bring job agenda back

Job cuts could be back on the agenda when Commonwealth Bank of Australia Ltd reports an annual profit of close to $2 billion on Wednesday. Both analysts and staff expect an update from Australia's second biggest bank on a company-wide review of its ...

Telstra defends plans to cut 3,000 jobs

... in the next financial year. Stephen Morrison, media relations manager at Telstra, told the Financial Standard that the job cuts will not come at the expense of service to customers. He also said that the planned cuts are yet to be confirmed. "Telstra ...

Commonwealth Bank remains confident of earnings growth

... with their forecasts for the bank. Meanwhile CBA's major restructure, which was announced last year and includes 1600 job cuts, remained on track, Murray said. CBA expected the restructure would cost it $143 million before tax, but was confident it would ...