Business Round up

first_imgBusiness Round upOn 8 Feb 2000 in Personnel Today Technology helps centralisation• Life assurance group Britannic is to cut 350 jobs as part of a plan tocentralise its administration and cut costs. The jobs will be cut across theBritannic branch network as paper work is moved to the group’s head office inBirmingham. Centralisation would use the latest telephone and computertechnology to link the administration centre to the sales force, said thegroup. PAPressure on as service sector booms• Growth in Britain’s booming services sector continued in January, puttingpressure on service providers who are finding it increasingly difficult toexpand capacity and meet demand. The Chartered Institute of Purchasing andSupply says demand is so strong that service providers are reporting outputbottlenecks and intensifying inflationary pressures. “Shortages of staff wereagain linked to rising salaries, and higher wage costs remained a significantfactor driving a further sharp rise in input prices,” the CIPS says in areport today. London Evening StandardFirm cuts 141 jobs as factory closes• Clothing manufacturer Martin International Holdings Plc is furtherrestructuring by closing an underwear and leisurewear factory. At least 141jobs will be lost at the factory in Shirebrook, Nottinghamshire. About 100 ofthe 241 staff are to be offered alternative employment at other sites in thecounty. The company, which is a supplier to struggling retail giant Marks &Spencer, said the restructuring would cost around £1m.All-share deal clinches takeover• The world’s biggest takeover was rubber-stamped last week after VodafoneAirTouch won the backing of the board of Germany’s Mannesmann for a £114bndeal. Weeks of talks ended when Vodafone chief executive Chris Gent finally wonthe support of Mannesmann chairman Klaus Esser for an all-share deal. The movewill create the world’s biggest mobile telephones group with a customer base of42 million. Comments are closed. Previous Article Next Article Related posts:No related photos.last_img read more