Searched for
PHILIPS LAYOFFS
US stocks set to trim quarterly gains as shutdown nears, threatens data flowUS stock markets saw declines on Tuesday. A government shutdown possibility created investor anxiety. This shutdown risks delaying economic...
Plastic Treaty 2025: Will world leaders finally address the $1.5 trillion health crisis in Geneva?Global plastic treaty talks in Geneva 2025: Global leaders are meeting in Geneva to discuss a treaty on plastic pollution. A new report hig...
Traders jack up Fed tightening bets in wake of latest jobs dataBond traders have increased expectations of another Federal Reserve interest-rate hike taking place in July, leading to an increase in tigh...
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
Fed to deliver two 25-basis-point hikes in Q1, followed by long pauseIn response to an additional question, more than 60% of respondents, 55 of 89, said the Fed was more likely to hold rates steady for at lea...
Covid-19: Signify sees a ray of hope in ultraviolet light-based productsThe UV-C disinfection system is designed and manufactured in India and will be available here first, followed by Latin American countries a...
US must improve COVID-19 strategy to keep millions from falling into poverty: UN expertThe US must take urgent additional steps to prevent tens of millions of middle-class Americans hit by the COVID-19 pandemic from plunging i...
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 spared
More 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 operations
The 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.