Saturday 4 July 2015
 
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Gap to close 175 stores, cut jobs at headquarters

Apparel retailer Gap said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake

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Gap to close 175 stores, cut jobs at headquarters

Apparel retailer Gap said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake

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Mena private sector claims 83pc of managerial posts

The private sector is responsible for the majority of all managerial (83 per cent) and non-managerial (82 per cent) hires in the Mena region, a report said. Specifically, multinational companies account for 26 per cent of manageri

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Emirates Global Aluminium to cut 4pc jobs

Emirates Global Aluminium (EGA) on Thursday said it is cutting its workforce by 4 per cent as part of a strategic restructuring to reduce costs and boost operational efficiency. EGA was created by the merger of two state-owned alu

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Emirates Global Aluminium to cut 4pc jobs

Emirates Global Aluminium (EGA) on Thursday said it is cutting its workforce by 4 per cent as part of a strategic restructuring to reduce costs and boost operational efficiency. EGA was created by the merger of two state-owned alu

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HSBC prepares to axe jobs, businesses

HSBC is set to cut thousands of staff, axe businesses in Brazil and Turkey and shrink its investment bank in a fresh attempt to become simpler and improve its financial performance. Chief executive Stuart Gulliver is due to outlin

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HSBC set to cut thousands of jobs worldwide

HSBC Holdings  could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of chief executive Stuart Gulliver's overhaul plan that could also see him sell operations in Brazil and Turkey and take

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VPS Healthcare to train 1,000 youth for jobs

Abu Dhabi-based healthcare conglomerate VPS Healthcare will train 1,000 youth by the end of 2017 as part of the new initiative launched at the World Economic Forum on Mena, recently held at Jordan. With more than half of its popul

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VPS Healthcare to train 1,000 youth for jobs

Abu Dhabi-based healthcare conglomerate VPS Healthcare will train 1,000 youth by the end of 2017 as part of the new initiative launched at the World Economic Forum on Mena, recently held at Jordan. With more than half of its popul

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BlackBerry cuts jobs worldwide after revenue plunge

Canadian smartphone maker BlackBerry is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. The company did not specify how many employees would be affect

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