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PHILIPS LAYOFFS
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- Britain's BT Group to lay off up to 55,000 by 2030 after fibre roll-out endsBT would use AI to deliver better customer service, driven by customer needs, he said, as well as capturing other business opportunities. "...
- In a bold move, a bald Brit sues firm for sacking him due to baldness, gains Rs 70 lakh in damages!The former sales head successfully sued his former firm for discrimination.
- Philips to lay off 6,000 employees in drive to improve profitabilityThe new reorganisation comes on top of a plan announced last October to layoff 4,000 employees
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- Midlife crisis takes on new meaning in IT servicesIndia has about 1.4 million mid-rung employees in the IT sector, who typically have eight to 12 years of experience and earn Rs 12-18 lakh ...
- Travel companies hit as note ban keeps holidayers awayAccording to India Tourism Statistics, India received more than 9 lakh tourists in December last year, the highest during the year.
- Wipro Q2 earnings: Five things to watch out forInfosys, TCS and HCL Technologies have delivered on their guidance when they declared second quarter numbers.
- 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.
- Philips job cuts to impact India operationsThe cuts are mainly going to be in functions like IT, finance, real estate, human resource, manufacturing and supply chain.
- 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.
- 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.
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