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VOLUNTARY REDUNDANCY
Let sleeping bourses lie: Why the new BJP West Bengal govt shouldn't help resurrect Calcutta Stock ExchangeWest Bengal finance minister Swapan Dasgupta, while presenting the 2026 state budget, said the new BJP government plans to revive the Calcu...- Red Cross to shed nearly 3,000 jobs, scale back budget amid donor fatigueIn a bid to adapt to shifting donor interests, the International Committee of the Red Cross plans to trim its budget and workforce by 2026....
- Tata Motors-owned Jaguar Land Rover to cut hundreds of managerial roles in UKTata Motors-owned Jaguar Land Rover (JLR) will cut around 500 managerial roles in the UK through a limited voluntary redundancy programme, ...
- UK’s Cabinet Office to cut nearly 2,100 posts as Labour targets Civil Service reformThe Cabinet Office will cut nearly one-third of its workforce—2,100 jobs—under Labour’s civil service reform agenda led by Pat McFadden. Th...
- Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting driveMercedes-Benz has secured agreement from its works council to implement cost-saving measures, including job buy-outs and halving planned sa...
- Air India rolls out VRS for non-flying staff ahead of Vistara mergerAir India confirmed the developments without sharing the specific details of the twin schemes that the airline rolled out on Wednesday givi...
- Tata Steel to close UK blast furnaces with loss of up to 2,800 jobsTata Steel plans to close its blast furnaces in Britain, resulting in up to 2,800 workers losing their jobs at its steelworks plant in Wale...
- PwC plans to cut around 600 UK jobs- SourcePricewaterhouseCoopers (PwC), one of the renowned "Big Four" accounting firms, has revealed its intention to reduce its workforce by approx...
- Only one fourth of oil major BP's 10,000 job cuts to be voluntary as company reinvents itselfThe oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to...
- JLR brings back 85% furloughed workforce on demand recoverySales in the July-September quarter were 50% more than the previous three months, when most markets around the world were in a lockdown.
- Qantas to lay off pilots in bid to revive profits: ReportsStruggling Australian airline Qantas on Wednesday said it will make dozens of pilots redundant for first time in 40 years.
- Tata Chemicals to recast its European business, cut 220 jobsThe company's soda ash and sodium bicarbonate business in Northwich are being restructured, TCE said in a statement on its website.
- Cash-strapped Britain axed nearly 4,500 Army personnelCash-strapped Britain today axed nearly 4,500 Army personnel in the third and biggest round of job cuts since the 2010 defence review.
- ArcelorMittal vows not to shut European plantsArcelorMittal told trade unions on Tuesday that it does not plan to shut down any of its European plants.
- Nokia to cut 170 jobs worldwide: CompanyNokia, the world's leading mobile phone maker, said on Tuesday 170 more jobs would be cut globally as it reorganises its logistics, product...
- Nokia offers VRS-like plan to cut 1000 jobs;no impact on IndiaNokia is looking to trim its global workforce by as many as 1,000 through a voluntary departure package, but this will not impact the firm'...
- ArcelorMittal plans to cut 9,000 jobs worldwideSteel-making giant ArcelorMittal said on Thursday that it might slash up to 9,000 jobs across the group worldwide through voluntary redunda...
- France's Peugeot Citroen to slash 3,550 jobsFrench carmaker PSA Peugeot Citroen announced plans to slash 3,550 jobs as the automobile sector struggles with the global economic crisis.
- N Rock confirms plans to cut 2,000 jobs by 2011British mortgage bank Northern Rock, nationalised in February, confirmed on Wednesday that it would cut 2,000 jobs by 2011, with 1,300 jobs...
- Australian bank to offshore 400 IT jobs to IndiaNational Australia Bank is expected to send another 400 information technology jobs to India by the end of the year.
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