Northrop Grumman plans additional job cuts
Article Abstract:
Northrop Grumman said the commercial aircraft division wil face job cuts of 2,100 by the end of 2000 as part of an expenses-reduction plan. The job downsizing forms part of the firm's plan to cancel 8,400 jobs by the end of 2000 because the B-2 stealth bomber program is about to end. Most of the job loss, which will be felt in California, will cause a 15% decrease in the defense contractor's workforce. Other divisions, however, will be faced with additional jobs of 2,500. Northrop Grumman said it had to extend to 2003 its objective of surpassing $12 billion in annual revenue because commercial aircraft production was affected by economic problems in Asia.
Comment:
Says the commercial aircraft division wil face job cuts of 2,100 by the end of 2000 as part of an expenses-reduction plan
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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FedEx pilots mull Christmas strike
Article Abstract:
FedEx pilots union has agreed to ask 3,200 members for permission to stage a strike weeks before the start of the firm's Christmas shipping season. The union, FedEx Pilot Association, expects to count the votes by November 20, 1998. The call for a strike has been prompted by lack of progress in contract negotiations between the union and the company. The company averages 3.1 million packages a day, but that is expected to increase by 10% to 20% during the Christmas season.
Comment:
Pilots union agrees to ask 3,200 members for permission to stage a strike weeks before start of firm's Christmas shipping season
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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Phones, devices in cars probed
Article Abstract:
The National Highway Traffic Safety Administration is launching a major study into electronic driving distractions which include cellphones, Internet devices and dashboard navigation systems. The agency declared that 44% of drivers have cellphones, 3% have the ability to get faxes and 7% have e-mail access. The study has been fueled by growing concern over the amount of electronic equipment in cars and the increasing number of accidents caused by driver distraction.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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