SWITZERLAND'S CIBA EYES JOB CUTS

Swiss specialty chemicals maker Ciba said it would shed 17 percent of its workforce after reporting a bigger-than-expected loss in the second quarter, sending its shares up 7 percent. CNN Money (http://money.cnn.com/2006/08/17/news/international/bc.chemicals.ciba.reut/index.htm?section=money_news_international)