Tag: cost-cutting exercise
Major job cuts at Macy’s
In response to sluggish sales, Macy’s, an American departmental store chain, has announced the reduction of its workforce by 3.5 per cent. The move...
Cisco is cutting over 4,000 jobs
As part of an attempt at rightsizing some businesses, Cisco, the networking company, has begun the process of job cuts, doing away with about...
Is Amazon hiring again after letting go 10,000 globally?
It hasn’t been long since Amazon announced its intention to lay off 10,000 from its global workforce.
Now, media reports seem to suggest that the...