Tag: Job Cuts
Tata Steel may lay off 3,000 in Europe
Tata Steel, the Indian multinational steel manufacturing company, is all set to strengthen its European business and increase profits. In the process, it plans...
Infosys to layoff at least about 12000
Infosys is reportedly planning to lay off about 2,200 senior managers, that is, those belonging to the job level 6, as well as about...
HSBC to layoff staff across North Africa, Turkey, and the Middle...
HSBC Holdings is planning another round of layoffs, wherein hundreds of its employees in the Middle East, North Africa and Turkey may be rendered...
HP India to slash 7000 – 9000 jobs globally in 3...
Multinational information technology company, Hewlett-Packard (HP), is expected to lay off 500 employees in India. The Company is gearing up to restructure globally and...
HSBC expected to lay off about 10,000 jobs
HSBC, the British multinational investment bank and financial services holding company, may lay off about 10,000 employees in a major step towards cutting costs....
Sanofi to lay off hundreds in Japan
It is not just the automobile industry that is facing a slump. The pharmaceutical sector is also facing pressure. Sanofi SA, the French multinational...
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.
LEARN- ENGAGE- TRANSFORM
What do tech professionals expect from L&D programmes today?
Technology professionals have the luxury of being in demand in today’s world. All thanks to the fast- paced technological change happening across sectors. To...
Employee Benefits & Engagement
Invest in culture to ensure employee engagement
Engaged employees are highly productive, are able to maintain great relations with the customers, and remain loyal to the organisation. Studies suggest that engaged...
Is employee voice essential for employee engagement?
What is employee voice? It is the employees’ means of communicating their opinions and views to their employers. It is the means by which...
Good mentors can ensure employee engagement
We have all had mentors at some point in life — people whom we admired or looked up to for their success, accomplishments, expertise...
Latest
How competency-based learning helps bridge the skill gap
The reason for the skill gap that exists in India is the outdated curriculum that our educational institutions are following. Take the case of...
Trade unions oppose Tata Steel’s layoff announcement in Europe
Trade unions have been up in arms ever since they heard of Tata Steel’s intention to lay off 3000 employees in Europe. The unions...
How to benefit from Apprenticeship regulations
Before we dive into the scope of how apprenticeships can benefit organisations, let us understand the correct meaning of the term. Vocabulary.com defines “Apprenticeship...
Square Yards to hire 1,500 fresh graduates from campuses
Square Yards, the technology-enabled real-estate transaction platform is gearing up to hire freshers directly from university and college campuses. It plans to add more...
DIALOGUE
“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...
Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...
“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...
Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...
“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...
