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Virginia Businesses in the News
Cutbacks

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For the Record
Virginia Business Magazine
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Richmond, VA 23293
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Capital One Financial Corp., a financial services company headquartered in McLean, cut 384 jobs in Henrico County. The cuts are part of 750 layoffs announced last fall. The Richmond operations were to lose 490 positions but attrition made up the difference. The remainder of the announced job cuts will be in Washington state. (Richmond Times-Dispatch)

Cruise line companies Celebrity Cruises and Radisson Seven Seas will not sail from Norfolk in 2006. Celebrity Cruises sold its ship, Horizon, to Island Cruises of Britain, and the Radisson Seven Seas Navigator was assigned to replace another vessel in Europe. Holland America and Carnival Cruise Lines will continue to home port in Norfolk. (Daily Press)

US Airways Inc. of Arlington laid off 34 ramp workers at Richmond International Airport in a move long-expected as part of the airline's restructuring under bankruptcy. US Airways will replace a total of 600 ramp jobs at 26 airports through outsourcing. Jetstream Ground Services of West Palm Beach, Fla. will take over ramp services in Richmond. (Richmond Times-Dispatch)


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