New Delhi: BlackBerry-maker Research In Motion (RIM) is likely to slash around 2,000 jobs worldwide as part of a massive restructuring plan that will begin in the next couple of weeks, according to a report. "RIM is preparing for a major global restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs across its worldwide operations," the Globe and Mail reported citing a...
10:21 AM, May 29, 2012
San Francisco: Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take place all at once, will mostly affect Yahoo's product, research and marketing groups, according to the report in the blog AllThingsD, which cited anonymous sources. Under a plan still...
11:21 AM, Mar 31, 2012
Frankfurt: Nokia Siemens Networks, the world's second-largest maker of mobile phone network equipment, said it will cut about 2,900 of a total 9,100 jobs in Germany, with most to go by the end of this year. "In Germany we are concentrating on our strong customer relations and on research and development in mobile broadband, especially in LTE and optical networks," Hermann Rodler, Country Director of Nokia Siemens Networks in Germany,...
05:26 PM, Jan 31, 2012
San Jose: Adobe Systems Inc plans to lay off more than 7 per cent of its workforce and take a charge of up to $94 million as part of a restructuring to focus on core businesses such as digital media and marketing. The news, announced just months after the world's largest maker of design software had projected better-than-expected fourth-quarter revenue, surprised Wall Street and wiped 9.2 per cent off its...
07:45 AM, Nov 09, 2011
New York: YouTube, the popular video site owned by Google Inc, said on Thursday it is adding 200 jobs, boosting its staff by more than 30 percent in its biggest hiring year. In a blog posting, the company also said more than 35 hours of video are uploaded to its site every minute, with videos viewed over 2 billion times a day. Youtube, with about 650 employees, said most of...
10:52 AM, Mar 11, 2011
Helsinki: Nokia, the world's top cellphone maker by volume, plans to cut 800 jobs in its home Finnish market, the STT news agency reported on Tuesday, citing labour sources. Nokia was not immediately available for comment. STT said the discussions between Nokia and its Finnish employee representatives began in October, when the company announced 1,800 job cuts worldwide. ...
03:12 PM, Dec 15, 2010
San Francisco: Yahoo Inc.'s holiday trimmings will include 600 to 700 layoffs in the Internet company's latest shake-up triggered by lackluster growth. Employees could be notified of the job cuts as early as Tuesday, according to a person familiar with Yahoo's plans. The person asked for anonymity because Yahoo hadn't made a formal announcement. The planned cutbacks represent about 5 percent of Yahoo's work force of 14,100 employees. It will...
12:30 PM, Dec 14, 2010
Job cuts in June had fallen 33 pc to 74,393. ...
02:52 PM, Aug 06, 2009
HR firm says attrition rate in city highest in the country. ...
12:30 PM, Jul 25, 2009
Boeing says it must reduce staff as per the size of contracts from clients. ...
08:57 AM, Jul 16, 2009
The percentage suggests that about 400 people will lose their jobs. ...
09:28 AM, Jun 17, 2009
The Minister spoke in reference to Satyam's plans to downsize. ...
02:59 PM, May 31, 2009
Microsoft had announced in Jan that it will fire 5,000 employees. ...
07:59 AM, May 06, 2009
Pranab Mukherjee urges Indians to share the pain of economic crisis. ...
04:54 PM, Feb 20, 2009
Employees say they were asked to leave an hour before their shifts. ...
04:21 PM, Feb 17, 2009
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