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  Whirlpool implements 1,000 job cuts amidst stagnant US appliance demand

  Business | April 25, 2024 9:30 IST

  Whirlpool, the parent company of household appliance brands Maytag and Amana, is initiating a workforce reduction of approximately 1,000 salaried positions globally due to sluggish demand in the US home appliance market.

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  Online marketplace, OLX strategically exit the Auto business, cutting around 800 jobs

  Technology | June 21, 2023 6:42 IST

  Online marketplace OLX Group is exiting its Olx Autos business and discontinuing operations in several countries, including Chile, India, Indonesia, and Turkey, as it seeks to optimize its operations and focus on local market sales.

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  Indian startups continue to bleed but THIS firm is hiring startup professionals affected by layoffs

  Business | April 19, 2023 15:29 IST

  The mobile advertising and digital publishing solutions provider has said that it envisions to hire 150 professionals in the current fiscal

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  Techie sells home and car to join Amazon in Europe, fired

  World | January 19, 2023 7:43 IST

  Tom Mboya Opiyo was among the 18,000 people impacted by Amazon's mass layoffs. Impacted by the layoff, Opiyo, took to LinkedIn, where he shared his ordeal.

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  Philips to cut 4,000 jobs in the coming days, and here is the reason

  Technology | October 25, 2022 11:59 IST

  Philips appointed Roy Jakobs as the new CEO, a week back and recently it was reported that the company is set to lay off around 4000 people working in the R&D, warehouses, consolidating suppliers and more. The decision has been taken, post witnessing the drop in Q3 this year.

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  Tata Steel confirms job cuts of up to 3,000 across European operations

  Business | November 19, 2019 15:33 IST

  The Indian steel giant said it plans to lower employment costs with the "estimated reduction" in employee numbers, about two-thirds of which are expected to be office-based white-collar roles – a majority expected at its Netherlands unit.

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  HP plans major restructuring; hundreds of job cuts in store

  Business | October 07, 2019 13:57 IST

  HP Inc last week announced a fiscal year 2020 restructuring plan to simplify its operating model and become a more digitally-enabled company.

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  Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki

  Business | August 16, 2019 20:09 IST

  MSI Chairman R C Bhargava said contracts of the temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted.

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  Maruti Suzuki, India's biggest carmaker, cuts temporary jobs as sales plunge

  August 03, 2019 8:34 IST

  Maruti Suzuki, India's biggest automaker, has cut the number of its temporary workers to cope with a slowdown in auto sales. This was revealed in a report by Reuters.

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  Qualcomm to lay off 1,500 employees to cut costs

  Business | April 21, 2018 9:37 IST

  The San Diego-based wireless giant had plan to trim 1,231 jobs in San Diego and 269 at its offices in San Jose and Santa Clara in mid-June, a report said.

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  Telecom sector on course to cull 90,000 jobs in next six to nine months

  Budget | January 15, 2018 17:50 IST

  The report is based on a survey among around 100 senior and mid-level employees of 65 telco and software and hardware service providers to telecom companies.

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  How an engineer became an auto driver

  India | September 09, 2015 14:54 IST

  A decade back or before no one would have imagined that an engineer would have to ply an auto to make his ends meet. India is producing around 1.5 million engineers annually which has resulted

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  HSBC shuts brokerage arm in India; around 300 lose jobs

  October 17, 2013 19:40 IST

  MUMBAI: British financial giant HSBC today said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290 million.Nearly 300