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.
The German government has pressed for a fair bargain so that both parties are satisfied.
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.
Thousands of employees await a solution following the Company’s termination of franchise agreement with CPRL.
FITE is working closely with the affected employees to ensure organisations take responsibility for their illegal actions and employees get their job back, since the beginning.
Things are getting worse for Tech Mahindra after the recent firing fiasco, which brought negative publicity.
The media industry has been going through a tough phase, forced to cut down many copy editing jobs due to digital disruptions.
In a recent official mail to the entire staff, founders Kunal Bahl and Rohit Bansal admitted to the need to tighten the belt and in the process, let go of some people.
The company is reportedly looking at laying off around 10 per cent of its pan-India workforce.
Operations managers across the country have been sent e-mails to “right size” their respective teams.
Journalists who have spent more than two decades have been promised a basic salary till their retirement age.
The layoffs happen at a time when the company is focussing and investing heavily on software, robotics and AI.
The company plans to cut six percent of its global workforce because of fourth-quarter results going way below expectations.
The move, a result of subdued market demand, is aimed to optimise operational efficiency.
About 15 per cent of the company's total India workforce, of approx. 600, will lose their jobs.
The cash crunch and resulting demand slump have taken a toll on small and medium enterprises, as companies are looking to lay off 25 per cent of their workforce.