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Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Jet Airways hands over pink slips to 20 employees

Jet Airways has been reducing staff since it announced the second consecutive quarterly loss in August.

26 Oct 2018 12:16 PM GMT

Toshiba currently expects an annual net profit of 145 billion yen, up 45 percent from an earlier estimate, on sales of 5.4 trillion yen.

Toshiba to shed troubled assets, cut jobs; shares jump nearly 12 per...

Toshiba cut its annual operating profit forecast to 60 billion yen from the previous estimate of 70 billion yen.

8 Nov 2018 5:10 AM GMT

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors shares fall 4 per cent after JLR's job-cut plan

Shares of Tata Motors opened at Rs 351.50, then fell to an intra-day low of Rs 341.90

16 April 2018 6:28 AM GMT

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Nissan to double global job cuts to over 10,000: source

The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low...

24 July 2019 5:05 AM GMT

The companys subsidiary L&T Finance had sacked 500 employees earlier for poor performance.

L&T sacks 14,000 employees during Apr-Sept

Lay-offs amount to 11 per cent of construction company's total workforce.

23 Nov 2016 6:10 AM GMT

VW, which employs some 600,000 people globally, has set aside some 18 billion euros to cover the fallout of the scandal.

Volkswagen set to slash up to 30,000 jobs

Two-thirds of the job losses will be at VW plants in Germany, the others in North America and Brazil.

18 Nov 2016 8:33 AM GMT

The integration between Ford and Amazon is official and will be rolling out in the weeks to come.

Ford to cut 1,400 jobs in North America, Asia

Company will be communicating to employees in early June the full details of its separation programme.

18 May 2017 4:19 AM GMT

The new office in London will make way for 3,000 jobs in the first wholly owned office building outside the US. (Photo: Pixabay)

'Domestic opportunity can help IT cos tide over job losses'

Information technology and business process management industry has grown at a healthy clip for nearly two decades.

17 May 2017 9:46 AM GMT

As many as 12,431 firms together have shelled out over Rs 18,625 crore CSR activities in the last two financial years.

IT sector 'robust', layoffs part of appraisal process: Govt

IT sector will continue to hire and has added five lakh jobs in the last 2.5 years.

17 May 2017 3:57 AM GMT

Performance-linked workforce realignment impacts about 0.5-3 per cent of the talent pool and there is no change this year.

IT Layoffs: Re-skill or perish, says Nasscom

Nasscom could not clarify the reason why there was noise around the layoffs this year.

18 May 2017 12:16 PM GMT

Reliance communications Chairman Anil Ambani

RCom asks 380 staffers to go for non-performance

RCom had reported its first ever consolidated net loss of Rs 531 crore in the December quarter.

7 April 2017 2:50 PM GMT

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

Snapdeal to lay off 600 people over next few days

The reduction will include employees across levels and the process will be completed in the next few days.

22 Feb 2017 7:05 AM GMT