1,200 jobs axed by P&O Sep 28 2004
QUOTE
Shipping giant P&O is to close four of its 13 ferry routes with the loss of about 1,200 jobs.
Reducing the number of ships it operates from 31 to 23, the company said it would be closing all its Western Channel routes except Portsmouth-Bilbao.
The move, which is being bitterly opposed by shipping union the RMT, is expected to save A£55 million a year.
P&O said its tourist traffic had been "adversely affected by fewer day trips and the expansion of the low-cost airlines".
It added that on its Western Channel routes the number of ships operated will be reduced from six to one.
One of the surplus ships will be redeployed elsewhere, one will be redelivered to the owner and three will be chartered out - two to Brittany Ferries and the other subject to ongoing discussions with third parties.
On the Dover-Calais route, six ships will be operated compared with seven at present but, through rescheduling, service frequency and capacity in peak periods will be unchanged.
The company added that "new, more flexible manning arrangements and changes in work practices are proposed".
The company also said that as many as 350 jobs would be transferred.
Food group to shed 1,000 jobs Sep 28 2004
QUOTE
Northern Foods is set to close two pastry factories with the loss of 1,060 jobs.
The group - best known for Fox's biscuits, Dalepak frozen foods and Goodfella's pizzas - revealed plans to shut its plants at Evesham in Worcestershire and London Road, Carlisle, next year.
The proposed move, which follows a cull of 30 senior management jobs already this year, is expected to generate annual savings of A£10 million.
Northern said production would be transferred to its other UK plants, which have received more investment in recent years and offer greater space for expansion.
Closing the two factories and other cost-cutting measures in the current financial year would lead to an exceptional charge of A£45 million, it added.
Food manufacturers have been forced to overhaul their production bases in order to protect margins against the backdrop of a price war in the supermarket sector.
Last week, Richmond Foods announced that the proposed closure of its ice cream factory at Ivybridge, near Plymouth. could lead to up to 175 jobs being lost.
In a trading update on Tuesday, Northern said underlying sales rose by 5.5% in the 11 weeks to September 18 and trading had remained in line with expectations.
The improvement compared with a 1.5% uplift in the 13 weeks to July 3 and reflected softer comparisons last year when the group adjusted to the loss of a major savoury products contract with Sainsbury's.
The cost of raw materials rose by 2% in the period, but Northern said this had been offset by a similar increase in selling prices.
480 Panasonic jobs lost Sep 28 2004
QUOTE
Almost 500 workers at a Panasonic electronics plant are being issued with redundancy notices which were threatened earlier this year.
In January manufacturer Matsushita Electric, which trades as Panasonic, announced it was proposing to stop manufacturing colour televisions and set-top boxes in Cardiff by the end of 2004.
Plans to transfer production of the items to the Czech Republic were announced.
At the time, the company, which had a workforce of more than 1,000 in Cardiff, said "increasingly intense competition from global manufacturers and sharply falling prices" had prompted the proposal.
Around 600 job losses were initially threatened - but now the company says there would be 480 redundancy notices.
A company spokesman said: "We have started issuing redundancy notices. We expect the process to be over shortly.
Question:are all these people
"unhelpful and brain-dead" too.