Last Updated: Tuesday, November 19, 2013, 19:50
The US-based company had implemented a global restructuring plan, which included reducing its global workforce by about 600 employees.
Last Updated: Tuesday, October 29, 2013, 13:48
Standard Chartered has cut about 2,000 jobs across the bank in the past year and expects little change in the rest of 2013, marking the first time for many years it has cut staff as it tightens costs in the face of slowing growth.
Last Updated: Tuesday, October 01, 2013, 21:33
US pharmaceutical giant Merck said on Tuesday it would eliminate an additional 8,500 jobs worldwide as it seeks to cut costs by USD 2.5 billion by the end of 2015.
Last Updated: Sunday, September 29, 2013, 19:21
Siemens is to shed 15,000 jobs over the next year, a third of them in Germany, as part of a 6 billion euro (USD 8.1 billion) cost cutting program, a spokesman said on Sunday.
Last Updated: Tuesday, September 24, 2013, 16:47
<i>A quiet revolution is unfolding on campuses as universities go that extra mile to create excellence and skilled man power, <b>Prachi Rege</b> discovers.</i>
Last Updated: Friday, January 11, 2013, 19:22
American Express has said that it will cut 5,400 jobs worldwide by the end of 2013.
Last Updated: Thursday, November 08, 2012, 13:13
Qantas is cutting another 500 engineering jobs in Sydney and Victoria as the airline steps up the consolidation of its heavy maintenance bases from two to one.
Last Updated: Thursday, September 06, 2012, 23:58
Myron Miller, 46, told a US District Court jury that he had been concerned about cult-style "brain-washing" by the group.
Last Updated: Tuesday, July 31, 2012, 11:12
16 people charged in beard- and hair-cutting attacks on fellow Amish rejected government plea bargain offers of leniency and will go to trial.
Last Updated: Thursday, July 12, 2012, 21:04
As part of the BBC`s relocation plans to cut costs, the World Service has moved from Bush House to Broadcasting House.
Last Updated: Thursday, May 03, 2012, 16:06
Germany's top airline Lufthansa said on Thursday that it intended to shed 3,500 administrative jobs in the next few years as part of a radical cost-cutting programme.
Last Updated: Saturday, April 14, 2012, 19:33
IPL team Kings XI Punjab on Saturday announced Kyle Abbott and Benjamin Cutting as replacements for the injured bowling duo of R Satish and Stuart Broad.
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