P&G layoffs: Procter & Gamble lays off the employees in promotion
To cut costs , P & G announced that it would lay off 1,600 people , including extension workers. Interestingly , P & G Chief Executive Officer CEO Robert McDonald began to realize that can not indefinitely increase the advertising budget .
2012 World Economic Forum Davos was concluded
2012 in Davos, Switzerland World Economic Forum Annual Meeting has been concluded on January 29 . During five days , about 2,600 political , business , academic men from more than 100 countries from around the world took part in it, and focused on the theme of “great transformation : create a new model”, the global economy, politics, technology, energy , culture, arts and other issues have been extensively discussed.
Spanish airline suffered sudden bankruptcy, which affected 22,000 tourists
January 27, Spanish airline suddenly announced the ceased operations , resulting in a number of passengers was stranded at the Spanish airport .
Spanish airline said in a statement that due to deteriorating financial situation of enterprises , for security reasons, decided to stop operations, ” expressed regret , apologized to all the affected passengers .”
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