HSBC won't rule out staff cuts as last resort
Article Abstract:
HSBC Holdings PLC is not eliminating the idea of implementing layoffs as a "last resort." Concerns have been raised about the impact of the September 2001 World Trade Center attacks on the bank.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
ABN Amro to cut staff by 7,000 in Netherlands
Article Abstract:
ABN Amro Holding NV is downsizing its Holland labor force by 7,000 workers. This represents almost three times the original number of layoffs that the company was planning.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
KBC will cut staff 12% by 2004 to boost profit
Article Abstract:
KBC N.V. is planning to layoff 12% of its workforce in an effort to improve its profits. The company will reduce its senior management levels by 15% as part of that effort.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Rolls-Royce to cut 5,000 staff positions as demand drops. Pratt & Whitney to cut U.S. staff by 6.8%. GE's aircraft-engine unit to cut jobs
- Abstracts: Air France's earnings soared in quarter. KLM Airlines adds surcharge to offset costs. French Concordes will continue to be grounded
- Abstracts: Benckiser applies niche strategy. Scotia stock soars after licensing pact. The media battle to inform