Securitas

Securitas – To cut 400 jobs

Swedish security services group Securitas, (SECUb.ST: Quote) which has posted seven straight quarterly earnings drops, is to cut costs and merge two divisions, it said on Wednesday. The company, the world’s second largest security firm after British-Danish G4S, (GFS.L: Quote) has suffered from weakness in Europe during the sovereign debt crisis, affecting key contracts. Profitability … Continue reading →