
London: Global banking major HSBC on Monday said it plans to slash around 30,000 jobs worldwide by the end of 2013, as part of a broader cost-cutting drive. "Five thousand roles had already gone so far this year and another 25,000 would need to be removed from the 296,000 global workforce," bank's Chief executive Stuart Gulliver was quoted as saying by 'The Guardian'. "There will be something like 25,000 roles...

05:57 PM, Aug 01, 2011

This is apart from 5,000 jobs already cut under a plan to reduce costs. ...

10:08 AM, Nov 05, 2009

He cited example of Japan airlines that shed 6,800 jobs to shed costs. ...

10:54 PM, Oct 01, 2009

The airliner has also posted a net loss of Rs 1,609 cr for FY ending March 31. ...

10:20 AM, Jul 29, 2009

Move will save time and costs, besides fast-forwarding recruitment process. ...

02:53 AM, May 26, 2009

They're all above 60 yrs and in the rank of managers and senior managers. ...

11:39 PM, Apr 30, 2009

Jet Airways slashed salaries by upto 25 pc for its senior employees. ...

12:52 PM, Apr 24, 2009

Tata says would like to see a 10 pc yr-on-yr improvement in cost reduction. ...

10:27 AM, Apr 21, 2009

How to deal with meeting the basic requirements with less means to buy. ...

11:09 AM, Mar 13, 2009

Jet CEO Wolfgang Prock-schauer says signs are good for the first half of this year. ...

03:18 PM, Jan 06, 2009

Us and them is the divide Jet Airways chairman Naresh Goyal is dealing with. ...

02:48 PM, Nov 26, 2008

Expat pilots get a tax-free salary of around $25,000 per month. ...

02:12 PM, Nov 25, 2008

FM has been nudging India Inc to lower prices. ...

09:19 PM, Nov 20, 2008

The bank will keep its branches open for nine hours instead of its 12 hours schedule. ...

01:30 AM, Nov 15, 2008

Vodafone announced a cost cut of £1bn due the rising price of raw material. ...

11:39 AM, Nov 12, 2008