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July 30, 2015
Shell to cut jobs to cope with long period of cheap oil
Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged ...
June 16, 2015
Statoil to cut up to 2,000 staff, consultants
Norwegian oil and gas company Statoil says it will lay off up to 1,500 staff and 500 consultants by the end of 2016 to slash ...
June 09, 2015
HSBC slashes jobs as it shifts focus further to Asian roots
HSBC Holdings, Europe's largest bank by market value, will cut up to 25,000 jobs globally to reduce costs and shift its ...
June 02, 2015
Sikorsky to cut 1,400 jobs, citing falling oil production
Sikorsky Aircraft Corp. says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand ...
May 07, 2015
France looks to reboot nuclear industry champion Areva
France is bidding to retain its influence in the global nuclear industry by having its champion company, Areva, embark on a ...
May 07, 2015
Germany's Siemens to cut 4,500 more jobs as earnings slip
Germany's Siemens says it will cut another 4,500 jobs to streamline its business and improve profitability. The announcement ...
April 15, 2015
Protracted French radio strike shows challenges of reform
Unions and the government are nearing agreement on the future of France's national radio company after a 28-day strike that ...
March 23, 2015
Russian police detain union members protesting VW layoffs
A Russian union official said Monday that 15 members have been briefly detained by police as tensions rise in disputes ...
March 11, 2015
Ericsson cuts 2,200 jobs in Sweden
Wireless equipment maker Ericsson says it will cut 2,200 jobs in Sweden as part of a 9 billion kronor ($1.1 billion) savings ...
March 09, 2015
Sony Mobile cuts 1,000 jobs at unit in Sweden
Sony says it will cut 1,000 jobs at a mobile phone unit in Lund, Sweden. Sony Mobile Communications spokeswoman Kajsa ...