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Sesa Sterlite to move court on lay offs: Official

Last Updated: Thursday, March 13, 2014, 12:58

The company's lay off order was stalled by State and Union labour departments.

Qantas cuts 5,000 jobs, posts AUD 235 mn loss in first half

Last Updated: Thursday, February 27, 2014, 11:40

Disclosing AUD 235 million half- year loss, Australian national airlines Qantas today announced axing 5,000 jobs in a bid to cut costs.

Qantas may cut 5,000 jobs: Report

Last Updated: Tuesday, February 25, 2014, 11:45

The airline has been battling record fuel costs and fierce competition from subsidised rivals and in December said 1,000 jobs would go while warning it faced a half-year loss of up to Aus$300 million.

Coca-Cola vows to press on with layoffs in Spain

Last Updated: Saturday, February 22, 2014, 02:25

US drinks giant Coca Cola vowed today to press on with laying off workers at its bottling plants in Spain after unions refused to strike a deal.

Rahul Dravid concerned with Zaheer's long-term prospects

Last Updated: Thursday, February 20, 2014, 17:22

Former captain Rahul Dravid feels it is time for Zaheer Khan to start deliberating on his future as it would be difficult for the senior pacer to survive the rigours of five Test matches when India tour England later this year.

EADS to cut 5,800 jobs in Europe in restructuring

Last Updated: Tuesday, December 10, 2013, 09:26

European aerospace giant EADS, the maker of Airbus aircraft, announced plans Monday to cut 5,800 jobs in its defence and space division over three years.

Qantas to cut 1,000 jobs, says challenges `immense`

Last Updated: Thursday, December 05, 2013, 13:11

Australian carrier Qantas said it would axe 1,000 jobs and anticipates "immense" challenges ahead in a shock profit warning Thursday, flagging a half-year loss of up to Aus dollar 300 million (USD 271 million).

Colour-coded alert - 1

Last Updated: Thursday, September 19, 2013, 17:57

Pink slipped? Geetanjali Pandit gives you coping strategies to emerge stronger, wiser, better.

Portugal to lay off 30,000 government workers

Last Updated: Saturday, May 04, 2013, 11:37

Portugal received a 78 billion euro rescue in 2011 after overspending.

JPMorgan to cut up to 17,000 jobs by end of next year

Last Updated: Wednesday, February 27, 2013, 09:37

Many banks are looking to automate more of their businesses to make their staff more productive and improve profits.

Volvo Car to cut 1,000 jobs

Last Updated: Thursday, February 21, 2013, 13:27

In the summer of 2012 Volvo Car let go about 800 employees working in the factories.

American Express to cut 5,400 jobs

Last Updated: Friday, January 11, 2013, 10:40

The job cuts will be seen mainly in the company’s travel division, and would take about USD 600 million in after-tax charges in the fourth quarter.