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Job cuts

264,000 South Asians lost jobs in Gulf: Survey

264,000 South Asians lost jobs in Gulf: Survey


About 264,000 people from South Asia have lost jobs in the Middle-East on account of the global melt...
Nov jobless rate falls to 10%, 11K job cuts in US

Nov jobless rate falls to 10%, 11K job cuts in US


The unemployment rate fell to 10 percent in November as employers cut the smallest number of jobs si...
Sony Ericsson to cut 2,000 jobs globally

Sony Ericsson to cut 2,000 jobs globally


Mobile handset maker Sony Ericsson on Thursday said it will cut 2,000 jobs globally as it phases out...
Microsoft to cut jobs worldwide; minimal impact on India

Microsoft to cut jobs worldwide; minimal impact on India


Global software major Microsoft will slash hundreds of jobs globally as part of its effort to real...
Shell to cut 5000 jobs as part of restructuring

Shell to cut 5000 jobs as part of restructuring


Owing to the weak global economy, Royal Dutch Shell reported on Thursday a sharp drop in third-quar...
British Airways cabin crew may go on strike over job cuts

British Airways cabin crew may go on strike over job cuts


A strike by the cabin crew of the British Airways seems eminent following UK carrier’s provocative m...
US Postal Service seeks 30,000 job cuts via buyouts

US Postal Service seeks 30,000 job cuts via buyouts


The US Postal Service, the nation`s second-largest employer, offered buyouts on Tuesday to quickly s...
Slowdown? High potential employees still find greener pastures

Slowdown? High potential employees still find greener pastures


Even as economic gloom descended upon the job market worldwide, high potential employees seemed to b...
More firms plan to reverse salary cuts, freezes

More firms plan to reverse salary cuts, freezes


An increasingly larger number of companies are planning to roll back salary cuts and freezes impleme...
Gulf Air plans to sack 272 workers: Union

Gulf Air plans to sack 272 workers: Union


Gulf Air trade unions on Sunday alleged the struggling Bahrain-owned carrier is planning to dismiss ...
US: 97,000 job cuts in July

US: 97,000 job cuts in July


Job cuts announced by US employers jumped 31 percent in July to over 97,000.
Continental Airlines to slash 1,700 more jobs

Continental Airlines to slash 1,700 more jobs


US-based Continental Airlines is slashing 1,700 jobs following a drop in passenger numbers during ...
Citigroup cuts nearly 30,000 jobs in second quarter

Citigroup cuts nearly 30,000 jobs in second quarter


Citigroup has slashed nearly 30,000 jobs in the second quarter of this year as the banking major res...