Tag: Layoff

Employees in the Company’s mortgage operations have been given 60 days’ notice

The Company reveals plans to add 10,000 jobs in its Internet of Things unit by 2025.

The multinational will downsize at the top level, to make way for the juniors.

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

The layoffs are across functions, including technology, quality assurance and business development.

IBM is relocating manufacturing of its power systems product to a facility in Guadalajara, Mexico from a manufacturing plant at Tampines, in Singapore Technology Park.

Forum of IT Professionals (FoIP), a union for IT professionals has termed this layoff as illegal retrenchment. 

The transportation network company will replace self-test drivers with mission specialists.

Telecom company Reliance Communication has exited the B2C business and transformed into a B2B company.

Employees to be affected by this layoff will be informed by end of this week. Tesla will provide significant salary and stock vesting to those affected.

The instant messaging service had acquired two startups last year.

The number of full-time equivalent positions is expected to fall from the current 97,000+ to well below 90,000.

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

All officers and supervisors have been instructed to weed out irregular employees from the rolls after following due processes.

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

Following the layoff, Huawei’s team strength in India has reduced to 8000. 

The Company had laid off 100 employees earlier in July. 

Interviewers don’t go easy on candidates who carry the ‘fired’ tag. Here are tips from CHROs on how to face the storm.

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

The new rule has come into effect from November 1, 2017.

Finding a job in a dismal scenario while holding on to your market value, is a tough task. Here’s what one should keep in mind as the job hunt begins.

The Company will also be hiring new employees considering the high demand for its vehicles.

The objective is to focus on efficiency by embracing a simple business model.

The merged entity will be the second largest steel company in Europe.