Friday, May 07, 2021 | Last Update : 07:36 PM IST

job cuts

Accenture to lay off 5% of its 'low performing' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

27 Aug 2020 3:29 AM

Job cuts, salary reductions to have 'relatively low level' of stress on SBI: Chairman

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:18 AM

Swiss watchmakers fear job cuts as sales hit by COVID-19 crisis

Swiss watch exports plunged 68% in May

18 Jun 2020 2:40 PM

Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 9:07 AM

US job losses in May could raise 3-month total to 30 million

Since mid-March, more than 40 million Americans have applied for unemployment benefits

04 Jun 2020 10:10 AM

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Uber India lays off 600 employees

Uber fired a total of 6,700 employees across the world and with this 25% of its global workforce is now out of job

26 May 2020 1:31 PM

Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 4:04 PM

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM

Immigrants, hard hit by economic fallout, adapt to new jobs

The coronavirus pandemic has devastated sectors of the economy dominated by immigrant labour

24 Apr 2020 12:06 PM

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin

Deutsche had some 4,700 staff at its main regional offices in Sydney, Tokyo, Hong Kong and Singapore, as per its website.

08 Jul 2019 12:42 PM

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Tesla's delivery team gutted in recent job cuts

Some 150 employees out of a team of about 230 were let go in January at the Las Vegas facility.

10 Feb 2019 12:35 PM

Nokia to shed 350 jobs in Finland as part of cost cuts

Nokia and Ericsson could eventually benefit from curbs on Huawei equipment by the US.

16 Jan 2019 11:42 AM

Siemens dismisses report it may cut 20,000 jobs

Siemens expects to lift the annual growth rate and profit margin of its industrial business by 2 percentage points over the medium term.

27 Aug 2018 7:37 AM

Jet Airways pilots, management lock horns over proposed pay cuts

In a filing to the BSE, the airline said it is implementing several measures to reduce cost as well as realise higher revenues.

03 Aug 2018 6:58 PM

Cathay Pacific to reduce head count in two decades

The company is cutting 600 jobs as it seeks to return to profitability.

22 May 2017 2:47 PM

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Cisco Systems announces 1,100 more layoffs

The new round of layoffs comes on top of the 5,500 jobs Cisco announced it was cutting in August.

18 May 2017 4:17 PM

Ford to cut thousands of job worldwide

The company is expected to reduce about 10 percent of its global workforce.

16 May 2017 12:38 PM

IT to layoff up to 2 lakh engineers annually for next 3 years: report

Contrary to media reports of 56,000 IT professionals to lose jobs this year.

14 May 2017 6:22 PM

Layoffs in Indian IT may continue for 1-2 years: experts

Job cuts of 2-3 pc of the overall headcount of nearly 7,60,000 by Infosys, Cognizant, Tech Mahindra and Wipro.

14 May 2017 12:22 PM

SBI may cut 10 pc jobs after merger with sister banks

At present country's largest lender employees 207,000 workforce, a number likely to go up on merger.

28 Mar 2017 2:38 PM

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