Tag: Jobs Cut
All units of TS Textile Park shut, nearly 1000 people to lose...
The owners of these units have faced a heavy financial crunch so they had to close the units shut shop total of the 117-odd...
Robinhood to lay off 9% of full-time employees
The U.S. financial services company Robinhood Markets Inc. declared that it would be laying off about 9% of its full-time employees by removing the duplicate...
Unilever to cut jobs across all regions
Unilever PLC plans to slash thousands of management positions across its operations, a source familiar with the matter said on Monday.
The job cuts will...
Volkswagen CEO tells staff there are no plans to cut 30,000...
Volkswagen has no plans to cut 30,000 jobs, CEO Herbert Diess told staff in an internal video message, hoping to fix his damaged relationship...
IT companies to cut 3 million jobs by 2022, Reports
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million...
Volkswagen to cut up to 4,000 jobs via early retirement
Volkswagen to cut up to 5,000 jobs via early retirement
Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by...
Tatas-owned JLR takes to job cuts in India to achieve agility
Tatas-owned JLR takes to job cuts in India to achieve agility
Tatas-owned Jaguar Land Rover (JLR) is reducing its workforce in India in a bid...
Tech Mahindra to cut BPO staff by 5,000 in FY21
Tech Mahindra to cut BPO staff by 5,000 in FY21 due to automation
Despite rising revenues, IT major Tech Mahindra is set to reduce its business process...
Siemens Energy to shed 7,800 jobs worldwide
Siemens Energy to shed 7,800 jobs worldwide
Energy technology company Siemens Energy said Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as...
TikTok owner ByteDance to cut down its 2,000-plus India team
TikTok owner ByteDance to cut down its 2,000-plus India team
China’s ByteDance is cutting the size of its 2,000-plus India team and is unsure when...