HSBC Holdings Plc is planning to cut up to 10,000 jobs 'high paid' as part of a major cost-cutting drive as interim Chief Executive Officer Noel Quinn is seeking to reduce costs across the banking group, according to Financial Times reports published on Sunday.
Automaker Volkswagen is ruling out compulsory layoffs at its core brand's German plants for the next 10 years even as it looks to cut costs and adapts to increasing digitalization.
According to Rolls-Royce, about a third of the job cuts are expected to happen by the end of 2018 and the programme is expected to continue throughout 2019, with full implementation by mid-2020.
The catch would be 'right' talent which HR experts broadly define as those who are able to re-skill themselves as per the changing work profile requirements.
The government has categoric assurance from the industry in this regard, IT Secretary Aruna Sundararajan emphasized today
Beijing: China's Lenovo Group, the world's biggest personal computer maker will lay off about 3,200 workers after profits more than halved in the second quarter of 2015, the company announced on Thursday, becoming the first
Sydney : The rapid decline of traditional letters due to emails has led the Australia Post to announce 1,900 job cuts over the next three years, authorities said on Friday.The Australia Post said losses in
New Delhi: Amid continuing economic uncertainties, a lesser number of companies at plan to create new jobs in the coming months, while some employers also expect job cuts, says a survey by job portal Naukri.com.Just
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