Tag: Job Cuts
Siemens to lay off 2,700 employees
Cognizant to lay off employees in India
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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