This company is cutting 800 jobs in 2017

December 2, 2016

London, Dec 2: British engine maker Rolls-Royce said Thursday it was slashing 800 jobs worldwide in its marine business, where its order book is "very weak".

rrThe marine sector employs 4,800 people in 34 countries, with Norway the most significant with 1,900 workers. The division designs ships and systems, largely for the oil and gas market.

Rolls said the job cuts would be made in 2017 in a bid to make savings of around £45 million to £50 million ($57 million to $63 million; 53 to 59 million euros).

Rolls had already cut its marine division workforce back from 6,000 last year in response to a slump in the offshore oil and gas market caused by low crude prices.

"The ongoing market weakness that has followed the dramatic fall in the price of oil continues to have an adverse impact upon our order book and profitability," said Mikael Makinen, president of the Rolls marine division.

"Reducing our workforce is never an easy decision, but we have no option but to take further action beyond the changes we have made to date."

Rolls said in a trading update in November that its order book in the marine division was "very weak" and it did not envisage a recovery in offshore oil and gas markets.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Media Release
May 26,2020

The Department of Business Administration organised a Webinar on Career Planning and Development for the Under Graduate and PUC students of various colleges on 23 May 2020. Sr Dr Venissa A.C, Principal, inaugurated the programme and conveyed her best wishes. Mr Abhilash K, Managing Director of Abhijnya Education Private Limited was the Resource speaker.

Mr Abhilash said that a student should assess themselves, evaluate their career skills, set career goals in order to implement and maximise their career plan. He listed out the various courses available after completion of PUC/Degree. He also said that the students need to create their own future, assess their strengths, build personality and explore various options available to build their own career. He gave a few tips on how to prepare for the various competitive exams and manage time.

The Webinar had 125 participants from various colleges who actively participated by asking their doubts on Career Planning. The programme was conducted on Google Meet. Dr Neethu Suraj, Assistant Professor of BBA welcomed the Resource speaker and the participants, Mr Elson Dsouza Assistant Professor of BBA delivered the vote of thanks and Mrs Sabina Dsouza HOD of BBA coordinated the programme.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Press Release
January 3,2020

Mangaluru, Jan 3: Vishruth Bhat, a Class VI student from CFAL is the topper in Dakshina Kannada District in the first round of the VVM examination (VI Standard category) and now advances to the ‘State Level Camp’.  Proving their mettle, 12 students from CFAL have qualified for the “State Level Camp” of Vidyarthi Vigyan Manthan (VVM) - a national programme to educate and popularise science for classes VI – XI. A total of 129 students are selected from Karnataka to participate in the State Level Camp, out of which around 9.30% students are from CFAL. These students were selected on the basis of their performances in the first stage, an online exam. The State level camp shall include written test, observational analysis of video clips, situation problem solving and hands on activities.

The selected students are:  B Vishruth Bhat, Pratham D, Chinmayee Adiga, Chirag J Sunil, Nidhi Noronha, K Sai Prathiksha, Aryan Atul Surana, Rakshith K R, Anupama Kamath, Krithi, Mavith Saldanha and Vignaraj. Among the selected students Kirti, Mavith and Vihnaraj are TLC PU College students.

About VVM:

VVM is a national program jointly organized by Vijnana Bharati, NCERT and Vigyan Prasar for educating and popularizing science among the school students of Classes VI to XI. The main objective of the program is to identify keen knowledge seekers in Science and then nurture them for higher level of science education. Students participating in VVM undergo the following multi-level testing procedures:

•        Objective type question answering

•        Comprehensive writing

•        Presentation and Group discussion

•        Role play

•        Practical examination

•        Methods of Science

The program also includes organising visits to reputed National Science Laboratories and Centres. To enable deserving students to have interaction with renowned scientists of the Nation. The VVM will identify Vigyan Jigyasu (Keen Knowledge Seeker of Science) at National level.  

This exam is conducted in three phases.  The first phase is an online exam conducted in the school itself.  In the second phase (State level camp) top 20 rankers per class, per state will be identified to participate in two days State Level Camp. Eminent scholars and scientists from different fields will guide the students. Practical examination will be conducted to select top 2 students from each class to participate in the national camp. Toppers will get certificates and cash awards.

In the third phase (National camp) which is a 2-day camp, comprise presentations, scientific understanding, innovation, and creativity, out of box activities and assessment of leadership qualities. Toppers are awarded with certificates and cash awards.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.