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HUAWEI JOB CUT
Enough with mythologies: India needs new state-sponsored AI entities to create essential strategic capabilityA new AI model called Mythos can find software flaws. Its restricted release raises concerns about misuse by hackers or foreign governments...- Apple turns 50: Can AI shape the tech giant's future or signal its end?Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another c...
- Samsung plans global job cuts of up to 30% in some divisionsSamsung Electronics is cutting up to 30% of its overseas staff in some divisions by the end of this year. The reductions will impact sales,...
- Qualcomm forecasts sales below estimates as smartphone slump persistsQualcomm said its forecast also takes into account the impact of macroeconomic headwinds, weaker global handset units and the fact that pho...
- Huawei cuts India revenue target by 50%, lays off more than half of the staffNew Delhi has already barred state-run carriers from sourcing equipment from Chinese companies Huawei and ZTE, and is believed to have info...
- Nokia to cut a third of jobs at French arm Alcatel-LucentFinland's Nokia plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the local workforce...
- Anti-China protests grow in Nepal even as Beijing claims bonhomie over Xi visitA protest was held in front of Chinese Huawei company office for its involvement in the hacking of around 200 Nepali websites, including so...
- Chinese handset maker Honor scales down India operations, cuts jobsMove follows rapid fall in demand after US imposed trading curbs on parent Huawei.
- Huawei’s troubles are a big opportunity for Ericsson and NokiaNokia and Ericsson have recently wrested notable long-term contracts from Huawei.
- Huawei sanctions: Trai for local telecom gear manufacturingIn August last year, the regulator had proposed a Rs 1,000-crore fund to boost local production of telecom gear, aiming to cut net imports ...
- Volkswagen brand to accelerate margin hike for core brandThe Volkswagen brand now aims to raise its profit margin to at least six percent in 2022, three years earlier than initially forecast. Most...
- ZTE sees BSNL & Airtel orders lifting India revenue for 2018The Chinese vendor that competes with the likes of Huawei, Ericsson and Nokia, suffered some business losses because it was not able to sup...
- Huawei asks senior director, mid-level managers to quit on compliance issueThe source also shared a list of several mid-level managers, who were allegedly asked by Huawei CBG management to quit in last couple of qu...
- Nokia, Huawei eye enterprises for growthHuawei has also increased its focus on India’s smartphone market to shore up its revenue.
- Huawei cuts India workforce by a thirdAfter cuts, the company has a workforce of more than 8,000 individuals spread across sales, supply chain, R&D and network engineering funct...
- China must worry about jobs as firms move production to India"China needs to worry about effect of industrial transfer to India on production chain," an article in the state-run Global Times said toda...
- Will Cisco lose 14,000 hardware hands to turn soft-centric? Top brass denies such rumourThe cuts are expected within the next few weeks, the report said, as the company transitions from its hardware roots into a software-centri...
- Huawei India shifts staff to foreign projectsChina’s Huawei, the world’s second-largest maker of telecom gear by revenue, has shifted about 360 senior managers in its India arm to work...
- Nokia Siemens to cut 2,900 jobs in Germany & 1,200 in FinlandThe 2,900 cuts in Germany equate to roughly every third Nokia Siemens' job in the country, causing uproar among unions.
- Nokia Siemens to cut 17,000 jobs worldwideNokia Siemens Networks will eliminate 17,000 jobs worldwide in its biggest cull to narrow the gap behind market leader Ericsson AB.
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