job cut

Sanofi considering up to 1,680 job cuts in Europe

One source said the job measures would be carried out over three years.

Jun 26, 2020, 17:47 PM IST

AT&T plans to cut 3,400 jobs, shuts down 250 stores

These cuts come amid devastations caused by the Covid-19 pandemic.

Jun 17, 2020, 17:47 PM IST

HSBC revives 35,000 job cut plan after coronavirus outbreak

It will also maintain a freeze on almost all external hiring, Chief Executive Noel Quinn said in a memo sent to HSBC`s 235,000 staff worldwide on Wednesday.

Jun 17, 2020, 15:30 PM IST

Maruti Suzuki cuts temporary jobs to cope with slowdown in auto sales

The vehicle industry, accounting for nearly half of India`s manufacturing output, is facing one of its worst slowdowns in nearly a decade, with vehicle sales falling rapidly. 

Aug 03, 2019, 07:17 AM IST

Tata Motors cuts up to 1,500 managerial jobs

Tata Motors on Wednesday said it has reduced its managerial workforce by up to 1,500 people domestically as part of an organisational restructuring exercise.

May 23, 2017, 22:58 PM IST

Al-Jazeera says to cut around 500 jobs

Broadcaster Al-Jazeera said today that it is to shed around 500 jobs, most of them at its Qatar headquarters, as part of a "workforce optimisation initiative"

Mar 27, 2016, 18:11 PM IST

No job cut in transformation of Postal Dept: Prasad

There will be no job losses during transformation of the Department of Posts, Communications and IT Minister Ravi Shankar Prasad assured Friday.

May 22, 2015, 22:25 PM IST

Broadcom cuts 2,500 jobs in wind-down of baseband unit

The Irvine, California company is the latest chipmaker to abandon the baseband market. Texas Instruments Inc cut 1,700 jobs in 2012 after failing to sell its mobile chip business.

Jul 23, 2014, 09:46 AM IST

BBC News to cut 400 jobs in austerity drive

BBC News currently employs around 8,400 people, including around 5,000 journalists, the corporation said.

Jul 17, 2014, 15:48 PM IST

Tata Steel's UK plant to cut 400 jobs

The proposed changes are aimed at enabling the UK Strip Products business to compete in Europe's lower market demand era by reducing costs.

Jul 01, 2014, 18:22 PM IST

Germany's Siemens to axe about 11,600 jobs

German industrial giant Siemens plans to eliminate around 11,600 jobs around the world.

May 30, 2014, 17:31 PM IST

Intel trims marketing staff ahead of new chief's arrival

Intel Corp is shedding jobs in its marketing department ahead of the arrival of new chief marketing officer Steven Fund.

May 14, 2014, 21:35 PM IST

RIM to cut at least 2000 jobs worldwide: Report

BlackBerry maker’s Research In Motion Ltd (RIM) is planning to do a major job cut in the next couple of weeks worldwide.

May 26, 2012, 20:07 PM IST

Recession 'responsible for 2,000 deaths in London'

This is according to a study published in the 'British Medical Journal'.

Jan 28, 2012, 14:57 PM IST

Britain cuts 400 Gurkha jobs

Up to 2,900 members of the British
Army including 400 Gurkhas will lose their jobs.

Jan 17, 2012, 22:02 PM IST

RBS, Societe Generale may cut over 11,500 jobs

More than 11,500 banking jobs could be axed globally as a result of separate restructuring initiatives being undertaken by two European banks, RBS and Societe Generale, media reports have said.

Jan 05, 2012, 17:00 PM IST

Global giants plan thousands of job cuts to save costs

As companies battle the economic slowdown, the employees at large companies in the US and Europe seem to be facing the axe in a major way.

Oct 31, 2011, 16:15 PM IST

Bank of America layoffs to hit 30,000: Report

Bank of America Corp executives are discussing plans to potentially shed 25,000 to 30,000 jobs over the next several years, the Charlotte Observer said.

Sep 03, 2011, 10:08 AM IST

HSBC may cut thousands of jobs: Report

HSBC Plc is close to announcing that it will cut thousands of jobs as it embarks on a cost-cutting drive, Sky News reported, citing people close to Europe's biggest bank.

Jul 28, 2011, 10:52 AM IST

JAL to cut 15,600 jobs, faces 860 billion yen in liabilities

Japan Airlines Corp is expected to cut 15,600 jobs, or about 30 percent of its group workforce, by the business year through March 2013 under a rehabilitation plan being compiled by a government-backed body.

Jan 11, 2010, 18:40 PM IST