Tag: Job Cuts

Siemens to lay off 2,700 employees

With demand for renewable power increasing by the day, Siemens is experiencing low demand for gas turbines. Therefore, the Company plans to lay off...

Cognizant to lay off employees in India

Cognizant, the US-based IT services company, is expected to lay off a significant number of its employees, most of them in India. It is...

Cathay Pacific set to cut overseas jobs as part of restructuring

The airline is attempting to slash HK$4 billion from its books to reverse two consecutive years of losses.

Airtel–Telenor merger costs 700 jobs

Almost the same number of employees were also absorbed into the merged entity. 

Job cuts likely in IBM

India will be the most affected as one-third of IBM’s workforce is based out of here.

Maharashtra Government considering 30% cut in total workforce

The State Government Gazetted Employees’ Union may oppose the cut.

Employees protest against Siemens’ proposal to cut 6900 jobs

The German government has pressed for a fair bargain so that both parties are satisfied.

Now banks cut jobs

The job cuts can be attributed to digitisation and automation rendering staff redundant.

McDonald’s closes 169 outlets in North and East India, staff at...

Thousands of employees await a solution following the Company’s termination of franchise agreement with CPRL.

Seagate cuts 2000 jobs: Shuts down factory in China

The move, a result of subdued market demand, is aimed to optimise operational efficiency.

ZTE cuts 3000 jobs globally

The Shenzhen-based telecoms gear maker, is reportedly laying off about five per cent of its 60,000 strong global workforce.

Shell to move about 400 jobs from Glasgow to India and...

The staff of the oil company were told that the office would be closed and they were facing ‘involuntary severance’.

Ericsson to cut 3,000 jobs: Plans to stop manufacturing in Sweden

The company is apparently planning to cut 3,000 jobs as part of the cost cutting and manufacturing unit shut-down plan.

Infosys to reshuffle 3,000 jobs post RBS’ decision to cancel project

The company will carry out an orderly ramp-down, chiefly in India, over the next few months.

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Continuous learning is the key to future success for organisations

The business scenario these days is so dynamic that it is keeping companies on their toes. It’s not just hard to predict where and...

Employee Benefits & Engagement

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Cat naps can increase productivity!

Risposo in Italy, inemuri in Japan or simply siesta in Spain and other countries— call it what you may, but research has shown that...

Make Monday a ‘Fun’ day

The noun 'blues' refers to a 'sad' feeling, and has nothing to do with the colour blue. This feeling may arise from laziness or...

Eli Lilly plays guardian angel to its employees

In the pharma industry, the sales team comprises remote workers. The work of these salespeople generally requires them to travel, usually on two wheelers,...

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How to turn your managers into great leaders

While travelling for work, a delayed flight had forced me to wait at the airport. Rather than wasting time playing Candy Crush on my...

AkzoNobel appoints Anushree Singh as country HR director

Anushree Singh has joined AkzoNobel as country HR Director, India Subcontinent. In her new role, she will report to Marieke Bos-van den Berg, HR...

Managing culture and values using employee behaviour

“What differentiates these extraordinarily successful firms from others? How have they been able to make it when others have failed? The major distinguishing feature...

Mobile app for recruitment and boosting productivity at Aditya Birla Capital

Realising that the conventional legacy systems were affecting productivity, Aditya Birla Capital has now adopted a mobile app that takes care of all employee...

DIALOGUE

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“A true leader is not dependent on title or designation,” Dwarakanath

It was a Friday afternoon, when the HRKatha team got the opportunity to meet a man who is not just a recognised leader but...

“Successful women are ambitious and focussed on their careers,” Shalini Pillay

She understands the imperatives for an organisation from a talent perspective. She possesses the consulting skills required to provide solutions. She is also a...

“Automation will create a multiplier effect in the economy, which people don’t understand,” Ravi...

Automation and the volatile behaviour of workers have brought in a lot of challenges for HR in the changing automobile industry, which is now...