Lenovo, a technology giant, is said to have initiated workforce reductions due to a significant downturn in its PC business.…
Browsing: cut costs
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…