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CONSUMER ELECTRONICS LAYOFFS
Xbox to raise console prices worldwide from AugustGroups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memo...
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
UAE shoppers pull back and stash cash as war drags onUAE households are cutting back on non-essential spending and saving more. This shift comes as the Iran-Israel conflict continues. Fuel pri...
IT layoffs cloud recovery hopes as consumption firms brace for slowdownIndia's consumption-driven recovery is threatened by rising IT sector job cuts, impacting discretionary spending on apparel, electronics, a...
Retailers, restaurants in tech hubs fear festive slump amid TCS, IT layoffsTata Consultancy Services' layoff announcement has sparked concerns among pubs, restaurants, and retailers, particularly in IT hubs like Be...
Panasonic pulls plug on washing machines, refrigerators in IndiaPanasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machine...
How Super Bowl can serve desi exportersTentpole events like Super Bowl and IPL have economic implications on inclusions, exclusions, and creatives. They raise brand awareness, se...
Amazon's devices chief David Limp to retire after 13 yearsAmazon.com's devices chief David Limp would retire in the coming months, in a high-level departure from a division that has struggled to br...
Govt notifies online gaming rules; Binny Bansal's fund leads Rs 300 crore infusion into CurefoodsThe referee has finally notified the final rules for online gaming. On Thursday, the government unveiled a number of measures to regulate t...
TV, smartphone firms go for 30% production cutsManufacturers of consumer electronics including smartphones, appliances and televisions have cut production by up to 30% since the beginnin...
Global giants like HSBC, Nokia, Barclays plan thousands of job cuts; employees in India largely sparedMulti-national cos have announced job cuts totalling more than 1,35,000 across the world, but the impact on India is estimated to be for le...
- Global Cos plan large scale layoffs, Indians spared
More than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months.
Five going jobless every passing minute this yearHowever, as a saving grace for employees, most of the layoffs of '09 so far happened in Jan.
Durable cos see volumes soar in 2009Robust consumer spends on durables seem to defy logic about recessionary trends impacting discretionary purchases.
Rising layoffs: 9,000 job vanishing every dayAs financial turmoil continues to rattle world economies, layoffs so far this year have crossed the 2,77,000 -mark.
- Tech sector may lose 180,000 jobs
The technology sector is on pace to lose 180,000 jobs this year, the most since 2003, amid economic downturn. Trends & turmoil in job mkt I...
- Tech sector facing most job cuts since 2003
The IT sector may lose 180,000 jobs this year, the most since 2003, amid a global economic downturn. Reshape your career | Project to save ...