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Auto sector job crisis: Honda lays off 700 contract workers at Manesar plant amid demand slump, production cuts

A few workers who lost the job at HMSI had been working with the two-wheeler manufacture for the past about 10 years.

AMD To Lay Off 10% Of Workforce By 2012

Plan to save about $200 million of operating costs in 2012 by slashing workforce and streamlining internal processes.

Twitter to shut down Bengaluru development centre, 60-100 employees may lose job

Last year, Twitter had acquired Bengaluru-based mobile marketing and analytics company ZipDial Mobile Solutions, its first acquisition in India.

Flipkart's Sachin Bansal says he was removed because of 'performance'

Bansal's disclosure comes after India's largest e-commerce company said last month that it was laying off at least 300 people who were non-performers

Flipkart denies laying off employees

Reacting to media reports that it is set to lay off 700-1000 employees for poor performance, leading e-tailer FlipKart on Friday denied any such move.

Ericsson plans to lay off thousands in a move to cut costs

Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets

Yahoo looking to slash 10 percent or more of its workforce: Report

Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, reveal sources.

Malaysia Airlines likely to lay off its entire workforce of 20,000; re-hire two-thirds

Debt-ridden Malaysia Airlines (MAS) is likely to lay off its entire workforce of 20,000 to start afresh as as a smaller airline with a regional focus rather than international, a media report said on Monday.

One graphic that explains why TCS doled out Rs 2,628 cr bonanza for staff

The company management has admitted that the increase in attrition is serious but downplayed the concern

Philips steps up cost cuts, more jobs to be lost

Philips Electronics stepped up its cost-cutting drive yesterday and said more jobs would go as part of a drastic overhaul of its business, which began...