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Added on the 20/05/2020 11:00:00 - Copyright : France 24 EN
French agro-food giant Danone, badly hit by the Covid-19 pandemic, announces that it wants to cut up to 2,000 jobs at its headquarters in France and abroad. IMAGES of Danone France HQ
CNN reports that Royal Dutch Shell will slash as many as 9,000 jobs as the oil giant accelerates a shift away from fossil fuels. On Wednesday, the company said it would cut between 7,000 and 9,000 positions by the end of 2022. That's ten percent of its workforce. The total includes 1,500 people who have volunteered to leave the company this year. Shell expects the overhaul to deliver annual cost savings of up to $2.5 billion by 2022. Shell said the job losses are part of a restructuring, aimed at cutting costs and simplifying the company's structure as it moves into low-carbon energy.
Paris, May 29 (EFE), (Camera: Yoan Valat).- Renault presented a restructuring plan on Friday that will cut some 15,000 jobs worldwide and trim annual costs by some 2 billion euros following a drop in sales as a result of the coronavirus pandemic.FOOTAGE OF THE USINE DE CHOISY-LE-ROI PLANT.
Cisco Systems is laying off about 14,000 employees, nearly twenty percent of its global workforce, according to sources close to the company. Bobbi Rebell reports.
Airlines cancel over 7,600 flights as a potentially record-breaking blizzard pummels the Washington, D.C. area. Rough Cut (no reporter narration).
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