ARTICLES RELATING TO JOB CUTS

Coal of Africa to shut SA colliery

2013-06-03 12:35

Coal of Africa says it plans to shut its Mooiplaats colliery in South Africa and will begin talks with unions and other parties on potential job cuts.

Amplats 'normal' after strike

2013-05-20 15:37

Operations at Anglo Platinum's Tumela Mine in Limpopo, has returned to normal following an underground strike, the company says.

ThyssenKrupp to axe 3 000 jobs

2013-05-15 15:51

German heavy industry giant ThyssenKrupp plans to axe 3 000 jobs worldwide as disastrous investments in steel operations abroad tore holes in its balance sheet.

Amplats revises job losses to 6 000

2013-05-10 12:19

Top global platinum producer Amplats has announced it will cut 6 000 jobs at its South African operations, in a move that risks a new wave of labour unrest.

Miners won't stand for Amplats job cuts

2013-05-09 16:01

Mineworkers are threatening to bring Anglo Platinum operations to a halt, even if retrenchments are scaled back to 5 000 from the initial 14 000.

Amplats to reveal restructuring plans

2013-04-30 11:58

Amplats will next week present the outcome of its talks with the government and unions about plans to cut up to 14 000 jobs, the company says.

Fire threatens 3 000 Sibanye Gold jobs

2013-04-09 17:44

Sibanye Gold says it could shed 3 000 jobs at its Beatrix mine, following an underground fire that has dented the mine's sustainability.

Amplats extends talks on planned layoffs

2013-03-28 15:30

Anglo Platinum says it has extended negotiations with the government about restructuring plans that could see it cut up to 14 000 jobs.

Zuma: Govt not threatening mines

2013-01-23 16:02

The government is not threatening mines with licence reviews and proposed shaft closures and job cuts should be discussed, says President Jacob Zuma.

Fiscal watchdog sees a million jobs lost

2012-12-05 18:02

Britain's fiscal policy watchdog says that more than one million jobs would now be cut from the public sector by 2018 because of spending cuts.

Osram to cut jobs after spin-off

2012-11-30 14:03

Osram will cut another 4 700 jobs and sell factories to compete with Asian rivals after being spun off from parent company Siemens.

Amplats business review due in New Year

2012-11-26 11:26

The world's top platinum producer says the results of its business review, widely expected to lead to shaft closures and job cuts, will be published early next year.

Village Main may cut 960 jobs

2012-11-16 18:22

Gold mining company Village Main Reef says it might cut up to 960 jobs at its Blyvoor mine.

Qantas axes another 400 staff

2012-11-08 07:08

Australian flag carrier Qantas is slashing of 400 more jobs to achieve savings under heavy competition, fuel costs and the strong Australian dollar.

No retrenchments, says Woolies

2012-08-27 13:08

There are no retrenchments taking place at Woolworths, only a "transition" to put employees on different contracts, the company says.

Renault's South Korea unit to cut 80% of staff

2012-08-10 19:01

French automaker Renault said that a voluntary job cut plan at its struggling South Korean unit Samsung Motors could affect up to 80% of its staff.

Sony to axe 10 000 jobs globally

2012-04-09 11:39

Sony will cut 10 000 jobs worldwide this year as it attempts to carry out sweeping reforms aimed at reviving the iconic electronics giant, the Nikkei newspaper reports.

Morgan Stanley to cut 1 600 jobs

2011-12-16 11:39

Morgan Stanley, the only large Wall Street bank to avoid major job cuts this year, says it will fire 1 600 employees in the first quarter to cut costs.

Group 5 cuts jobs, warns of tough times

2011-11-29 16:19

Construction firm Group Five says it has had to slash jobs and forecasts a dimmer outlook for 2012.

Embattled Nokia to slash more jobs

2011-09-29 18:54

Mobile phone maker Nokia is to cut a further 3 500 jobs and close a plant as part of a restructuring and a bid to save costs.

Zim central bank axes staff

2011-01-28 12:14

The Zimbabwean Central Bank has laid off most of its staff in a bid to save costs, report state media.

 

Amplats to start layoff process

2013-05-22 09:27

Anglo Platinum will begin the formal process of cutting 6 000 mining jobs at the end of this week, the company says.

RBS job cuts now close to 40 000

2013-05-16 15:03

Royal Bank of Scotland axed 1 400 more positions, taking the total number of job losses close to 40 000 since its bailout during the global financial crisis.

Shocked miners plan next Amplats move

2013-05-10 18:11

Mine workers at Amplats say they didn't expect any job cuts after the company announced its plans to axe 6 000 jobs, more than half down from the initial 14 000.

Lloyds to cut 850 jobs to reduce costs

2013-05-09 18:52

Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank to around 35 000 since 2008.

Tension as Amplats to unveil jobs plan

2013-05-09 09:33

Amplats, under pressure from the government, is to sharply scale back job losses as it tries to balance out cost cuts and the threat of labour unrest.

Aviva to cut jobs and redundancy payouts

2013-04-18 16:39

British insurer Aviva is set to cut 2 000 jobs and slash redundancy payouts as it attempts to cut costs and mollify shareholders after a recent investor revolt.

Beatrix West mine may face job cuts

2013-04-02 11:31

Sibanye Gold says it could shed jobs at its Beatrix West Section operation after an underground fire hit output and revenue.

Denel job cuts must proceed - official

2013-01-23 17:30

The defence department says Denel has no option but to proceed with laying off 523 aircraft specialists because the contract with the ministry is irregular.

Union: 500 Denel workers to be sacked

2012-12-10 16:53

A total of 523 Denel workers are to be laid off, a claim the company denies, trade union Solidarity says.

Citigroup to cut 11 000 jobs

2012-12-05 16:37

Citigroup will eliminate 11 000 jobs worldwide, about 4% of its total staff, in a move to save as much as $1.1bn a year in expenses, the company says.

BDFM to cut jobs

2012-11-27 11:02

BDFM, publisher of Financial Mail and Business Day, has offered voluntary retrenchment packages to all staff, but reserves the right to retain essential skills.

Standard Life cuts 139 jobs

2012-11-21 19:18

British life insurer Standard Life is to cut 139 jobs as part of a previously announced plan to merge its domestic business with that in the rest of Europe.

Standard Bank to cut London jobs

2012-11-11 18:55

Standard Bank plans to shed up to 15% of its staff in London to save $100m, as Africa's biggest lender scales back operations outside the continent.

ArcelorMittal workers fume over furnaces

2012-10-03 16:25

ArcelorMittal has told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant.

Google to cut 4 000 Motorola jobs

2012-08-13 12:38

Internet giant Google plans to lay off about 4 000 employees at Motorola, a cellphone maker it purchased in May, to return the company to profitability.

Lufthansa to slash 3 500 jobs

2012-05-03 11:05

Germany's top airline Lufthansa says it intends to shed 3 500 administrative jobs in the next few years as part of a radical cost-cutting programme.

DRDGold to axe 1 800

2012-02-06 10:35

Gold producer DRDGold could cut up to 1 800 jobs when it stops mining two shafts at the embattled Blyvoor operation, the company says.

UK finance sector to step up job cuts

2012-01-09 07:35

UK financial firms plan to shed jobs at a faster pace after the escalating eurozone debt crisis dented their confidence in the final months of 2011.

Union, Sappi to talk on job cuts claims

2011-12-13 17:32

Ceppwawu and Sappi are to meet to discuss allegations of looming job cuts within the company.

Standard rumoured to have cut offshore jobs

2011-11-01 16:41

Standard Bank has shed posts at its oil trading desk in Singapore and London, sources have told Reuters.

Sappi jumps on job, cost cuts

2011-10-07 10:26

Sappi shares surged after the paper maker said it plans to cut jobs and revamp its operations.

Panasonic eyes job cuts in restructuring

2011-04-28 18:29

Electronics giant Panasonic says it aims to cut its global workforce by about 17 000 positions, in a bid to streamline its operations.

Pharmaceutical giant slashes jobs

2010-11-17 11:17

Swiss pharmaceutical giant Roche has announced it will be shedding 4 800 jobs worldwide as part of a cost-cutting programme, amounting to around 6% of its workforce.

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