Amazon’s endeavour to cut costs is now set to impact the managers in its global workforce. If news reports are…
Browsing: cut costs
Cargill is gearing to trim its 1.65 lakh strong global workforce by five per cent. The crop-trading company has been…
Lenovo, a technology giant, is said to have initiated workforce reductions due to a significant downturn in its PC business.…
Medtronic Medtronic, a leading medical company in Minnesota, has announced that it will be reducing its global workforce in an…
Livspace, a Singapore-based omni-channel home interior and renovation platform, has recently laid off a small percentage of its workforce in…
Bounce, an electric 2-wheeler manufacturer and scooter rental company, has reportedly laid off around 5 per cent of its workforce,…
The Kerala State Road Transport Corporation (KSRTC) has been considering getting rid of excess staff from across departments, as it…
As part of cost-cutting measures, the Uttarakhand government has slashed increments of its staff for the ongoing fiscal year and frozen…
General Electric (GE) recently revealed its plans to freeze pensions for almost 20,000 salaried American employees and also take other…
Layoffs are not really a strategy, but an option resorted to when a company is not doing well or in…