Mass layoffs in 2025: Microsoft, Meta, and more big names slash jobs — is yours next?In 2025, layoffs persist across technology, retail, and space exploration, driven by AI and automation. Companies like Meta, Boeing, and Ch...
05 Jul, 2025, 01.31 AM IST
Elliott builds $1.5-billion stake in Hewlett Packard EnterpriseElliott has a long history in technology investments, having owned stakes in Dell Technologies and Salesforce, and the firm has often sat o...
16 Apr, 2025, 12.07 PM IST
Meta layoffs 2025: Facebook parent to cut 3,600 jobs in major workforce reshuffle – What it means for employeesMeta layoffs 2025 are set to impact around 3,600 employees, marking another major job cut by the tech giant. CEO Mark Zuckerberg has emphas...
10 Feb, 2025, 10.43 PM IST
Activist Elliott builds stake in oil major BP, source saysActivist investor Elliott Investment Management has acquired a significant stake in BP, aiming to boost shareholder value. BP is undergoing...
09 Feb, 2025, 06.43 PM IST
BP cuts over 5% of workforce in CEO cost cut driveBP will reduce its workforce by around 4,700 staff and cut 3,000 contractor positions as part of CEO Murray Auchincloss' cost-cutting plan....
16 Jan, 2025, 05.06 PM IST
HUL training its executives in tech tools to get future-readyHindustan Unilever is focusing on talent development and technology to drive growth. The company is using digital tools and AI to optimize ...
29 Nov, 2024, 12.00 AM IST
Job Market Turmoil: European companies cut to the chase with layoffsRising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...
27 Aug, 2024, 05.35 PM IST
Oil giant BP unveils employee share award planChief Executive Bernard Looney, who is overseeing a transition away from crude oil and toward greener energy, revealed the share award sche...
17 Feb, 2021, 08.04 PM IST
Shell's profit slumps in 2020 as the pandemic bitesThe Anglo-Dutch oil major's annual profit slumped 71% to $4.8 billion as its oil and gas production and profits from refining crude into fu...
04 Feb, 2021, 08.24 PM IST
Shell raises dividend as CEO says oil output past peakThe Anglo-Dutch company hit record earnings from its vast retail division, despite the impact on demand of the COVID-19 pandemic, which it ...
29 Oct, 2020, 10.19 PM IST
Only one fourth of oil major BP's 10,000 job cuts to be voluntary as company reinvents itselfThe oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to...
16 Oct, 2020, 05.04 PM IST
Why Covid-19 is Big Oil’s asteroid strikeFor this horrible year, the International Energy Agency sees global oil demand 8.4 million barrels a day lower than it was in 2019.
11 Oct, 2020, 03.33 PM IST
Royal Dutch Shell plans to cut 9,000 jobs in transition planShell, which had 83,000 employees at the end of 2019, said that the reorganisation will lead to annual savings of $2 billion to $2.5 billio...
30 Sep, 2020, 01.05 PM IST
BP to cut 10,000 jobs worldwide amid coronavirus pandemicBernard Looney told employees in a global online town hall call that the London-based company will cut 10,000 jobs from the current 70,100,...
08 Jun, 2020, 06.33 PM IST
Cloud computing is a reality today: Dana S DeasyIn an exclusive interview with ET, Dana Deasy of BP Plc talked about technology trends, adoption of new platforms like cloud computing, how...
09 Feb, 2010, 08.17 PM IST
Shell transferring thousands of jobs to India, PhilippinesShell will soon transfer additional office jobs from Houston.
17 Dec, 2009, 11.10 AM IST
- The next biggest worry for Mahindra Satyam is staff exodus
With the slump ebbing, Satyam employees have many options before them. Holding on to talent is biggest challenge for Mahindra Satyam. The b...
14 Dec, 2009, 09.51 PM IST