Fri, Nov 08, 2024
Nissan announces plans to reduce jobs and scale back production in response to shifting market demands.
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Thu, Oct 03, 2024
Samsung is laying off workers in Southeast Asia, Australia and New Zealand as the company is reducing global headcount by thousands of jobs, Bloomberg reported citing people in the know. The layoffs could affect about 10% of the workforces in those markets and the numbers for each subsidiary may vary, the report added. Job cuts are planned for other overseas subsidiaries and could reach 10% in certain markets, it claimed.
Thu, Jun 06, 2024
According to the company, the decision to let go of employees is a "continuation of our organisation-wide efforts to become a fiscally prudent company and achieve profitability by mid-2025."
Sun, Feb 25, 2024
The only major companies holding media events are France's Renault, China's SAIC, and BYD, two of a number of the country's automakers that have set their sights on Europe.
Wed, Feb 14, 2024
While the CEO did not mention the exact number of workers who will be let go, CNN, citing sources, reported that about 800 employees, or roughly three per cent of the company's workforce, will be affected.
Tue, Nov 07, 2023
The reorganization, known internally as "Project Bora Bora" according to CNBC, is intended to give Fraser more direct control as she seeks to simplify the Wall Street giant and boost its stock price.
Thu, Oct 19, 2023
At least 40-45 workers in Google News have lost their jobs, according to an Alphabet Workers Union spokesperson, CNBC reported late on Wednesday.
Wed, Sep 13, 2023
Jobs Vacancies: 5.2 crore formal jobs have been created in the last four years. 47 percent of these people got a job for the first time
Tue, May 09, 2023
Linkedin Cut Jobs: LinkedIn makes money through ad sales and also by charging for subscriptions to recruiting and sales professionals who use the network to find prospects.
Sat, Apr 22, 2023
The fresh Lyft layoffs will happen on April 27. The company laid off 13 per cent of its staff in November last year.
Mon, Feb 20, 2023
The company in November last year announced it will lay off nearly 4,000-6,000 employees by the end of 2025, which is between 7-11 per cent of its workforce.
Fri, Jan 20, 2023
Swiggy layoffs 2023: Online food delivery platform Swiggy is likely to lay off up to 10 per cent of its employees, or about 600 workers, after an extensive performance review that was concluded late last year, amid global uncertainties and recession fears.
Tue, Nov 15, 2022
According to Sridhar Vembu who is CEO and Co-founder of Zoho Corporation, told IANS that Silicon Valley has always faced big booms and huge busts in the past and this is the first time it has hit employees in India to such a large extent.
Tue, Aug 02, 2022
The report also said layoffs in Canada, India and parts of Europe were expected in the coming weeks and months.
Wed, Aug 05, 2020
It's a good news for employees of OYO as hospitality firm has confirmed that it is restoring the full salaries of staffers in India and South Asia.
Sun, Aug 02, 2020
The pandemic-stricken Dutch airlines, KLM has announced that it would cut 4,500 to 5,000 positions.
Sun, Dec 10, 2017
India Inc is promising better pay hikes of 10-15 per cent for the right talent in 2018 after a challenging year for the job market, stunned by post- demonetisation layoffs in traditional sectors like textiles and due to the advent of artificial intelligence in new-age ones.
Mon, Dec 04, 2017
The machines are taking overs! And this time it may cause loss of work productive hours and jobs in India.
Wed, Nov 29, 2017
The company will also be setting up a premium division to meet customer requirements around niche and premium beverages such as smart-water, frozen fruit desserts, mixers and tonic water, and amalgamating its existing alternate beverages division to the mainstream distribution system.
Tue, Nov 28, 2017
Bottling giant, HCCB, may be gearing up to cut a number of jobs alongside focusing on stronger sales in the coming years.
Wed, Nov 15, 2017
Steep job cuts in the telecom sector were witnessed as the highly competitive sector consolidates into a five-player market.
Fri, Jul 07, 2017
Technology giant Microsoft is undertaking a major reorganisation in its sales and marketing units that will likely see the company cutting about 4,000 jobs from its workforce, mostly outside the US.
Mon, Jun 26, 2017
British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.
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