The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates.
24 Jul 2019 10:35 AM
Toshiba cut its annual operating profit forecast to 60 billion yen from the previous estimate of 70 billion yen.
08 Nov 2018 10:40 AM
Jet Airways has been reducing staff since it announced the second consecutive quarterly loss in August.
26 Oct 2018 5:46 PM
Shares of Tata Motors opened at Rs 351.50, then fell to an intra-day low of Rs 341.90
16 Apr 2018 11:58 AM
Nike Inc said the layoffs represent about 2 per cent of its 70,000 employees around the world.
16 Jun 2017 9:21 AM
Nasscom could not clarify the reason why there was noise around the layoffs this year.
18 May 2017 5:46 PM
Company will be communicating to employees in early June the full details of its separation programme.
18 May 2017 9:49 AM
Information technology and business process management industry has grown at a healthy clip for nearly two decades.
17 May 2017 3:16 PM
IT sector will continue to hire and has added five lakh jobs in the last 2.5 years.
17 May 2017 9:27 AM
RCom had reported its first ever consolidated net loss of Rs 531 crore in the December quarter.
07 Apr 2017 8:20 PM
The reduction will include employees across levels and the process will be completed in the next few days.
22 Feb 2017 12:35 PM
Lay-offs amount to 11 per cent of construction company’s total workforce.
23 Nov 2016 11:40 AM
Two-thirds of the job losses will be at VW plants in Germany, the others in North America and Brazil.
18 Nov 2016 2:03 PM