job cuts

Update news job cuts

HSBC signals mass job cuts as profits plunge

Interim chief executive Noel Quinn reveals extensive job cuts and restructuring to shake up the bank.

Rolls-Royce announces 4,600 job cuts

 Engineering firm Rolls-Royce is to cut 4,600 jobs over the next two years as part of a major reorganisation.

Instruction takes tough stance on corrupt, irresponsible officials

 VietNamNet Bridge – Tran Anh Tuan, Vice Minister of Home Affairs, tells Tin Tuc (News) Newspaper that underperforming civil servants and public employees may be in the firing line for job cuts.

Greek parliament approves key public-sector job cuts

 Greek parliament approved early on Thursday a new austerity and reform bill which contains mass job cuts in the public sector in a key step to unlock further international bailout aid to the debt-laden country.

RBS announces 1,400 job cuts over next two years

 Royal Bank of Scotland (RBS) on Thursday announced that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain.