News Source: India Abroad
| about 1 year ago
Consumer goods major Unilever Plc has announced slashing of 250 research jobs across the world as a part of its restructuring plan to consolidate its research and development activities. The reshaping programme has been announced to combine and...
News Source: The independent
| about 1 year ago
Ford may sell its Volvo subsidiary as part of plans to strengthen its balance sheet and boost the case for a $25bn (£17bn) government bail out of the US automotive industry. The loss-making brand is already laying off around 6000 staff and Ford has...
News Source: Dutch News
| about 1 year ago
Another 53 will have to move to positions elsewhere in the company, the paper says. In total over a thousand people work in the Vlaardingen unit which is the company’s global headquarters for research and development into washing powders and...
News Source: Press TV
| about 1 year ago
Luxury car maker, Aston Martin, plans to axe up to 600 jobs which would represent a third of its British workforce. The company which planned to shutdown business from December 23 to January 5 during the Christmas holidays has extended the date to...
News Source: BBC
| about 1 year ago
The white 1976 Lotus Esprit was sold to a private US collector who was bidding over the telephone at the Bonhams sale. The buyer described himself as a Lotus and James Bond aficionado and said the car would be going to Atlanta, Georgia...A Bonhams...
News Source: The independent
| about 1 year ago
The pain in the motor industry showed little sign of abating yesterday, with Aston Martin warning it could have to cut up to a third of its workforce and Honda launching a voluntary headcount reduction plan. Aston Martin, the luxury car maker famous...