News about 'cuts'

UBS set to begin 400 job cuts as early as Wednesday: WSJ

UBS set to begin 400 job cuts as early as Wednesday: WSJ

Oct 24th, 2012 - 08:20h (CET +01.00)

ZURICH (Reuters) - UBS is set to begin cutting jobs at its investment banking arm as early as Wednesday, the Wall Street Journal reported. The Swiss bank will notify roughly 400 bankers in corporate finance but also fixed income and equities they are... [Full Article]

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UBS set to begin 400 job cuts as early as Wednesday - WSJ

UBS set to begin 400 job cuts as early as Wednesday - WSJ

Oct 24th, 2012 - 08:00h (CET +01.00)

ZURICH (Reuters) - UBS is set to begin cutting jobs at its investment banking arm as early as Wednesday, the Wall Street Journal reported. The Swiss bank will notify roughly 400 bankers in corporate finance but also fixed income and equities they are... [Full Article]

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Zynga cuts 5 percent of work force, ending 13 games

Zynga cuts 5 percent of work force, ending 13 games

Oct 24th, 2012 - 03:40h (CET +01.00)

SAN FRANCISCO (Reuters) - Zynga Inc laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as it embarked on a sweeping cost-cutting campaign that may eventually see the "FarmVille" game creator close its Japane... [Full Article]

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Zynga cuts 5 percent of work force, shutters 13 games

Zynga cuts 5 percent of work force, shutters 13 games

Oct 24th, 2012 - 00:50h (CET +01.00)

SAN FRANCISCO (Reuters) - Zynga Inc on Tuesday said it is closing its offices in Boston, has cut 5 percent of its full-time work force and will "sunset" 13 older games. The company provided Reuters with a copy of a memo to employees in whic... [Full Article]

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S&P cuts S.Africa, cites strikes, social tensions

S&P cuts S.Africa, cites strikes, social tensions

Oct 13th, 2012 - 11:10h (CET +01.00)

JOHANNESBURG (Reuters) - Standard & Poor's cut South Africa's credit rating one notch on Friday to BBB with a negative outlook, saying mining strikes and social tensions could reduce fiscal flexibility and hurt growth in the continent&#... [Full Article]

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Wall St cuts gains; Nasdaq turns negative

Wall St cuts gains; Nasdaq turns negative

Oct 11th, 2012 - 20:40h (CET +01.00)

NEW YORK (Reuters) - U.S. stocks edged lower and the Nasdaq turned negative on Thursday as Apple shares fell after a legal ruling involving the sale of Samsung products and retail shares reversed course after rising on jobless claims data. The Dow Jo... [Full Article]

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S&P cuts Spain credit rating to near junk

S&P cuts Spain credit rating to near junk

Oct 11th, 2012 - 02:50h (CET +01.00)

NEW YORK (Reuters) - Standard & Poor's on Wednesday cut Spain's sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government's policy options to arrest the s... [Full Article]

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S&P cuts Spain credit rating to BBB-minus, near junk

S&P cuts Spain credit rating to BBB-minus, near junk

Oct 11th, 2012 - 00:00h (CET +01.00)

NEW YORK (Reuters) - Standard & Poor's on Wednesday cut Spain's sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government's policy options to arrest the s... [Full Article]

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S&P cuts Spain credit rating two notches to BBB-minus

S&P cuts Spain credit rating two notches to BBB-minus

Oct 10th, 2012 - 23:30h (CET +01.00)

NEW YORK (Reuters) - Standard & Poor's on Wednesday cut Spain's sovereign credit rating by two notches to BBB-minus, citing a deepening economic recession that is limiting the government's policy options to arrest the slide. The do... [Full Article]

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Samsung cuts deal for Spotify on its TV sets in Europe

Samsung cuts deal for Spotify on its TV sets in Europe

Oct 10th, 2012 - 01:30h (CET +01.00)

(Reuters) - Samsung Electronics Co said on Wednesday it will become the first TV manufacturer to bring music streaming service Spotify to Internet-connected television sets, with the launch of a new application later this year. Privately held Spotify... [Full Article]

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