As part of a plan for further savings, Citigroup announced last month that it would eliminate more jobs in its mortgage business, laying off roughly 1,000 workers.
Earlier this year, Corus said it would eliminate more than 6,000 jobs, a fifth of its work force, as it struggles to cope with a decline in the demand for British steel.
[C6.] ABN Amro to Reduce Work Force The Dutch banking giant, ABN Amro Holdings, said it would eliminate more than 10percentt of its work force as part of a major reorganization plan aimed at cutting costs.
The Dutch banking giant, ABN Amro Holdings N.V., said today that it would eliminate more than 10percentt of its work force as part of a sweeping reorganization program aimed at cutting costs.
The White House says the deal eliminates more than 18,000 taxes that countries impose on US exports.
The DuPont Company, posting a second-quarter loss, said yesterday that it would eliminate more jobs and warned that its third-quarter earnings would fall short of estimates because of weak demand for chemicals and plastics.
The company, based in Hartsville, S.C., said this week that it would eliminate more than 300 jobs and close at least 20 plants as it seeks to cut costs.
Air France said in June that it would eliminate more than 5,100 jobs, or 10 percent of its work force, by the end of next year as part of a 2 billion euro restructuring.
PARIS — Air France said Thursday that it would eliminate more than 5,100 jobs, or 10 percent of its work force, by the end of next year, part of its efforts to return the company to profitability at a time of deepening economic gloom across Europe.
The Chinese Internet portal Sohu.com Inc. said it would eliminate more than 100 jobs, or one-sixth of its work force, to cut costs.
The company says it has eliminated more than 7.6m metric tons of emissions from its supply chain and is on track to cut 18m metric tons by 2015.
