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Blackberry-maker’s co-chief executives step down in management shake-up
January 23rd, 2012Research in Motion (RIM) says its co-chief executives will step down, but will retain board positions, as the Blackberry-maker shakes-up its board.
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Mike Lazaridis will become vice chairman and Jim Balsillie will remain on the board without any operational role. Lazaridis founded the company in 1984.
Speaking at RIM’s headquarters, Lazaridis said: “There comes a time in [...] -
Ryanair to create over 1,000 new jobs in 2012
January 19th, 2012The airline announced today that it will create over 1,000 new jobs in 2012 as it grows its fleet and expects millions of extra passengers.
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Ryanair has confirmed it will grow its fleet from 270 to 305 aircraft, which will be based throughout Europe.
This will result in the creation of new roles for pilots, cabin crew, [...] -
Luton Airport to create 6,000 jobs
January 19th, 2012Luton airport is planning a 57% growth, that could lead to the creation of an addition 6,000 jobs and allow the airport to facilitate a further seven million customers a year.
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The London Luton Airport Limited (LLAL) aims to provide services for 18 million passengers each year, following claims of a shortage of air travel options [...] -
Premier Foods set to axe 600 jobs
January 17th, 2012Mr Kipling and Hovis firm Premier Foods has warned that it is to cut 600 jobs – 5% of its workforce – in a bid to save £40 million by next year.
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The debt-laden group, which was recently given extra time by its banks to get its finances in order, wants to reinvest the savings in [...] -
Aon Corp to relocate headquarters to London
January 16th, 2012Aon Corp plans to move its corporate headquarters from Chicago to London to improve its access to emerging markets.
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The organisation currently has about 6,000 employees in London, but plans to move its headquarters to take advantage of the strategic proximity to Lloyd’s and the London market, which it believes to be one of the leading [...] -
David Cameron to tackle “grossly excessive top pay awards”
January 9th, 2012The Prime Minister has announced that he plans to target the rich in an attempt to create a fairer economy.
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Cameron is looking to promote a fairer society by cracking down on extortionate pay at a time when the economy is struggling.
The aim is to create legislation that will give shareholders an effective veto over pay [...] -
Former Disneyland HRD joins Profile
January 9th, 2012Profile, an executive search firm for the hospitality sector, has appointed a HR professional to become its vice president of business development.
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Corinne Winter-Rousset takes up the new role at Profile and will be based in Covent Garden, at the firm’s head office.
Previously, Winter-Rousset was a Divisional Director for EMEA and the Americas at Portfolio, part [...] -
EXCLUSIVE: Yum! Restaurants appoints Chief People Officer
January 9th, 2012The operator of fast food restaurants including KFC and Pizza Hut has made two senior HR promotions.
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Misty Reich has been promoted to Chief People Officer for Yum! Restaurants International. Reich has held the role of HR Director of the KFC UK & Ireland business since August 2007.
Her new role will involve picking up the international [...] -
19,000 jobs at risk as Kodak may file for bankruptcy
January 9th, 2012The camera maker may have to file for bankruptcy if it cannot sell off some of its patent portfolios.
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The Wall Street Journal has reported that if Kodak doesn’t succeed in selling the portfolios, it will have to file for Chapter 11 bankruptcy.
The company currently employs 19,000 people and if Kodak has to file for bankruptcy [...] -
Shell to close final salary pension scheme
January 9th, 2012The global oil and gas company has announced it will be closing its final salary pension scheme in 2013.
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Royal Dutch Shell has declared that from the first quarter of 2013 it will offer a defined contribution pension plan for its employees. Those that are currently involved in the existing plan, and those that join it [...]