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McKinsey to sack 2000 employees in one of its biggest layoffs

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A global management consulting firm, McKinsey & Co is planning to cut about 2,000 jobs. This is in one of its biggest rounds of...

Layoffs again: HP, Twitter, MyGate to sack hundreds of employees

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Layoffs are a tough decision for any company. However, there have been various companies that have been announcing layoffs. Now, the leading companies HP, Twitter,...

Philips to cut 6000 jobs in drive to improve profitability

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A Dutch multinational conglomerate corporation, Philips will cut nearly 6000 jobs in a drive to improve profitability. The company plans to cut half of the...

Philips to cut 4,000 jobs after weak Q3 results

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A Dutch multinational conglomerate corporation, Philips has said that the company will lay off nearly 4,000 jobs. The job cut represents over five per...