JOBS

Royal Bank of Scotland will cut more jobs, Chairman Philip Hampton warned on Friday as he called for an end to public flogging of the state-rescued bank over its past mistakes.

Stock futures pointed to a lower open on Wall Street on Friday, as investors were poised to book a portion of their recent hefty gains ahead of key U.S. monthly jobs data.

World stocks slipped on Friday, handing back some of the gains made after Group of 20 leaders presented a united front to combat the financial crisis as investors grew cautious ahead of a key U.S. jobs report. At their London summit, G20 leaders pledged $1.1 trillion of additional funds to the International Monetary Fund and other institutions and to boost trade finance.

Oil slid to under $52 a barrel on Friday, retreating from the previous session's near 9 percent surge, as expectations of a continued weakness in near-term energy demand prompted investors to take profit.

World leaders drew praise on Friday not so much for the boldness of their $1.1 trillion package to help revive the global economy as for at least not making the crisis worse by failing to agree.

Efforts by G20 leaders convinced investors that policy makers were united enough to keep a risk taking rally alive on Friday, pushing up Asian equities for a fourth day and knocking the yen to a six-month low against the Australian dollar.

Oil slid to under $52 a barrel on Friday, retreating from the previous session's near 9 percent surge, as expectations of a continued weakness in near-term energy demand prompted investors to take profit.

Job losses in the U.S. private sector accelerated in March, more than economists' expectations, according to a report by ADP Employer Services on Wednesday.

Ford Motor Co introduced an incentive covering payments for up to a year if customers lose their jobs, joining rivals in offering heavy discounts to attract consumers sidelined by a deepening recession.

The Walt Disney Co has cut an undisclosed number of workers at its domestic parks this month in a previously announced plan to consolidate behind-the-scenes operations for Walt Disney World in Florida and Disneyland in California, a spokesman said.

Auto interiors and battery maker Johnson Controls Inc said it would close an additional 10 plants and cut more jobs than planned as it expects no near-term recovery in global auto production.

Wal-Mart Stores Inc is closing an optical lab in Ohio that employs roughly 650 workers, the world's biggest retailer said on Friday.

Google Inc is cutting its sales and marketing team by roughly 200 employees, saying it had over-invested in certain parts of the company.

Google Inc is cutting its sales and marketing team by roughly 200 employees, saying it had over-invested in certain parts of the company.

IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources with knowledge of the matter told Reuters on Wednesday.

Corrects to end-2008, not 2009, paragraph 5

German industrial conglomerate ThyssenKrupp plans to cut more than 3,000 jobs or about 1.5 percent of its total staff amid a slump in demand, the Financial Times reported on Friday.

Nokia Oyj will slash 1,700 jobs globally over the coming few months because of falling demand, the world's top cellphone maker said on Tuesday.

Swiss bank UBS will cut 5,000 senior and management jobs in the next few weeks, according to a report.

Switzerland's biggest bank UBS plans to cut up to 5,000 senior and management jobs in the next few weeks, Swiss weekly SonntagsZeitung said on Sunday.

Saab Automobile, the Swedish unit of U.S. carmaker General Motors, announced 750 job cuts as it tries to stay afloat and said on Thursday investors in both Sweden and China were eyeing the company.