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EMPLOYEE LAYOFFS HSBC
Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salaryA Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Cit...- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- TCS to announce Q2 results today: 10 things to track and how to tradeTata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates...
- It’s not just Microsoft, Google, or Amazon — top European companies have also laid off a massive number of employees since April; here’s what you need to knowEuropean firms are reducing workforce due to economic challenges. Several companies including Stellantis, Volkswagen, and Volvo Trucks have...
- HSBC lays off bankers on bonus day, no payouts givenHSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are par...
- HSBC cutting staff numbers by 900 at China Pinnacle unit, sources sayHSBC is cutting its China digital wealth business Pinnacle by nearly half, reflecting challenges in boosting growth and profitability in th...
- Goldman Sachs job cuts hit investment banking, global markets hard: SourceThe long-expected jobs cull at the Wall Street titan is expected to represent the biggest contraction in headcount since the financial cris...
- Lockdown, Day 57: Jet, set, goThe government is slowly charting out ways to bring back life on track even as the coronavirus pandemic rages on. After a two-month long sh...
- Bonuses go up to 400 per cent as firms look to retain talentBusinesses are expecting to do well in 2012, and the focus will be on attracting talent and retaining through innovative strategies.
- Compensation in banking, financial services and insurance sector may limit to single digit in FY13The banking, financial services and insurance cos are likely to limit their compensations to single digit nos this fiscal due weak economic...
- HSBC axes 200 employees from Hyderabad offices, 350 in PuneHSBC India has undertaken a massive layoff exercise . It is estimated that a total of 750 employees have been asked to leave across locatio...
- 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 sparedMore than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months.
- Top brass in small firms see higher salary growthDespite the slowdown , salaries of the senior management at small-cap and mid cap cos still managed to grow at a pace which far outdid the ...
- Funds for NGOs trickle in, but volunteers swell to a floodContributions from corporates and individuals are at least a fifth less than what they were a year ago when the country's economy was on a ...
- HSBC to cut 500 jobs, Credit Suisse to lay off 650: ReportThe banking sector continues to be hit by mass layoffs with financial service major Credit Suisse and HSBC announcing additional 1,150 job ...
- HSBC to cut 450 jobs in Hong Kong amid worsening economyHSBC said that it has cut 450 staff in Hong Kong in anticipation of a deteriorating global economy next year.
- Credit Suisse to cut 150 jobs due to subprime crisisAn estimated 50,000 job cuts have come into effect so far this year in the mortgage industry.
- Job losses in 2007 cross 40k markAt the North Carolina offices of mortgage lender HomeBanc, Archie Clark is the only employee left. But in a few days, he’ll be gone too.
- Severance packages take form of cash/stock optionsIndia Inc’s making sure layoffs post-M&As are not such a bitter experience. Employees are being handed out lucrative severance packages and...
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