Procter & Gamble to Cut About 9600 More Jobs Worldwide
Procter and Gamble plans about 9 600 job cuts representing roughly nine percent of its global workforce as part of a reorganization to boost competitiveness and earnings growth. Chief executive officer A G Lafley announced the plan on Thursday, with about 40 percent of cuts in the United States. Including earlier reductions, total cuts reach 17 400 of 110 000 staff. The program is expected to cost 1 4 billion after taxes, with most expense in the year starting July 1. Savings are projected at least 600 million per year after taxes by fiscal 2003 04.
MENTIONED IN THIS ARTICLE
Procter & Gamble
G. Lafley
Procter & Gamble Co
United States
P&g
Schwab to cut up to 3400 jobs amid market woes
Charles Schwab Corp plans as many as 3400 job cuts, about 13 percent of staff, to trim pretax operating expenses by 40 to 45 million. The online broker cites weak first quarter revenue and profits while noting assets and accounts remain steady. Schwab expects first quarter operating income near 8 cents a share on about 1.2 billion in revenue, down from 23 cents and 1.7 billion a year earlier.
MENTIONED IN THIS ARTICLE
Charles Schwab Corp
Schwab
Dow falls into bear territory as markets slide
Investors sour and blue chips retreat with the Dow plunging to 9,379 in opening trading, dropping over 20 percent from January 2000 highs. A late rally trimmed losses but the Dow closed down 97.52 at 9,389.48, while Nasdaq and S&P also moved lower in a broad market retreat.
MENTIONED IN THIS ARTICLE
New York
Dow
Teens map path to work at city Job Fair
Dozens of Lawrence teens attended the Teen Job Fair at the Lawrence Public Library to learn interview skills resumes and job opportunities. Organizers Kim Patton and Cheryl White urged flexibility and early action with age guidelines for teens 14 to 18 and guidance on possible roles from offices to concessions stands and lifeguarding. Jennifer Green 14 said tips from the fair could keep her ahead of competitors while Mark Fagan notes the event.
MENTIONED IN THIS ARTICLE
David Reynoldson
Reynoldson
Lawrence Public Library
Ment
Kim Patton
Kansas Department of Human Resources
Cheryl White
Lawrence
Ohio
White
Jennifer Green
Baldwin
Terri Rockhold
Lacey Rockhold
Applying yourself is for filling out a job application
Lawrence Workforce Center guidance advises thorough completion of job applications. It stresses neat handwriting, answering all questions with n a for non applicable items, and presenting good reasons for leaving previous jobs. It also warns against revealing expected salaries and suggests writing open to avoid pricing oneself out of opportunities.
MENTIONED IN THIS ARTICLE
Lawrence
Weekly farm market and livestock quotes from multiple markets
Thursday quotations show prices across Farmers Cooperative Assn South Elevator and Midland Elevator for wheat soybeans milo and corn with USDA loan deficiency payments. St Joseph and Dodge City livestock markets report lower barrows higher sows and slow trade with week totals around 57 800 head. Nonferrous metal prices in New York list aluminum gold and silver values.
MENTIONED IN THIS ARTICLE
Farmers Cooperative Assn
South
Milo
Midland
North
USDA
Dodge City
New York
London
Handy & Harman
Economy Shows Slower Growth as Leading Index Falls
The Conference Board reports February leading economic indicators slipped 0.2 percent to 108.8, a fourth decline in five months, while coincident indicators rose 0.1 percent to 116.5 and lagging indicators dropped 0.4 percent to 1071, signaling continued weak growth but no recession yet.
MENTIONED IN THIS ARTICLE
New York
U.S
Conference Board
Ken Goldstein
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Nyse
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Standard & Poor
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Mark Fagan
Ljworld.com
Richard Gwin
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St. Joseph
St. Joseph, Mo
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Realty Executives
Hedges Real Estate Inc
HedgesRealEstate.com
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