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Today Samsung makes the screens that even Apple products use. Traditional and small Korean companies became global giants in this period.

Apple dismisses over 200 staff from autonomous vehicle group

The dismissals are seen, internally, as anticipated restructuring under the relatively new leadership of Project Titan.

25 Jan 2019 6:20 AM GMT

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Tesla lays off 3,000 people amidst tough finances

Tesla CEO Elon Musk made the announcement through an open letter to the staff.

20 Jan 2019 6:09 AM GMT

HSBC resumes cutting around 35,000 jobs. (AFP Photo)

HSBC to cut around 35,000 jobs

The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank's...

17 Jun 2020 6:21 AM GMT

German carrier Lufthansa said on Thursday it will slash 22,000 jobs. (ANI Photo)

Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 3:37 AM GMT

IndiGo said it will cut 10% of its workforce as it grapples with declining revenues due to the fallout from the COVID-19 pandemic. (PTI Photo)

IndiGo to cut 10% staff, says CEO Ronojoy Dutta

IndiGo, which had 23,531 employees on its rolls as of March 2019, said it was flying only a small percentage of full...

21 July 2020 3:35 AM GMT

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel to lay-off section of Telenor staff post-merger

Both the companies had entered into an agreement for the deal in February 2017.

16 May 2018 3:07 PM GMT

Cricket Australia chief executive Kevin Roberts. Twitter Photo

Cricket Australia finding temporary jobs for laid off staff at...

Woolworths is among organisations that need more staff at the moment, says CA chief executive Kevin Roberts

22 April 2020 4:59 AM GMT

Supreme Court issued a notice to government and others on PIL against lay-offs and salary cuts in media industry. (PTI Photo)

SC seeks Centre's response on PIL against lay-offs, salary cuts in...

PIL sought court's immediate intervention in the matter and said media employees should be protected during this crisis

27 April 2020 10:08 AM GMT