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Occidental Petroleum slashing jobs ‘significantly’ in cost-cutting move
HOUSTON (Reuters) – Occidental Petroleum Corp said on Wednesday it would begin dismissing workers in a new cost-cutting move following its $38 billion acquisition of Anadarko Petroleum. The company has already “significantly” cut staff through a voluntary program, spokeswoman Melissa Schoeb said in an email. She did not respond to requests for information about the […]
American Airlines says bookings still falling, working on more flight cuts
CHICAGO (Reuters) – American Airlines Group Inc <AAL.O> is working on more network reductions “in real-time” as it sees booking continuing to decline, President Robert Isom told employees in a letter on Thursday. American has already slashed its international flying by 75% and domestic flying by 30% in April and plans to reduce it even […]
Boris Johnson’s bid to ‘claw power back’ from devolved parliaments
Budget 2021: Sunak confirms extra funding for devolved nations We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The UK Prime Minister chaired a […]