News for 'job cuts'

Warner-Head duo key to Australia's batting success

Warner-Head duo key to Australia's batting success

Rediff.com22 Jun 2024

Warner and Head have turned up on numerous occasions for the Baggy Greens laying the foundation for their successful totals.

Citi India may slash over 1,000 jobs

Citi India may slash over 1,000 jobs

Rediff.com22 Nov 2008

Days after Citi's global CEO Vikram Pandit said the group planned to reduce head-count by 52,000, there are reports that the financial major will lay off over 1,000 employees in India. The financial services company has around 10,000 employees in India.

GOAT Review: No Logic Here

GOAT Review: No Logic Here

Rediff.com6 Sep 2024

Divya Nair recommends that non-Vijay fans save their money and wait for GOAT to drop on Netflix instead. At least you can fast forward and get to the climax faster.

Lost Your Job? How To Get REHIRED

Lost Your Job? How To Get REHIRED

Rediff.com31 Jan 2022

With accurate strategies you can create an online presence, reach out to employers and maximise your chances of getting employed.

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Rediff.com28 Jun 2024

To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.

UK cuts more jobs for non-EU workers

UK cuts more jobs for non-EU workers

Rediff.com15 Nov 2011

The David Cameron government has accepted the recommendation of the Migration Advisory Committee to specialist jobs such as pharmacists, veterinary surgeons, and speech and language therapists.

Europe job-losses not due to offshoring: Report

Europe job-losses not due to offshoring: Report

Rediff.com8 Aug 2008

"Less than 10 per cent of all publicly announced job cuts at European banks since 2002 are due to offshoring. Internal restructuring accounts for the lion's share," according to a latest research report by German banking giant Deutsche Bank.

91 killed during stir against PM Hasina in Bangladesh; curfew imposed

91 killed during stir against PM Hasina in Bangladesh; curfew imposed

Rediff.com4 Aug 2024

The clashes broke out this morning when protesters attending a non-cooperation programme to demand the government's resignation faced opposition from the supporters of the Awami League, Chhatra League, and Jubo League activists.

'Indian American Young Men May Vote For Trump'

'Indian American Young Men May Vote For Trump'

Rediff.com1 Nov 2024

'One of the big findings is that younger men seem to have shifted towards the Republican Party.' 'In 2020, about 23% of younger men said they would vote Trump.' 'Now that number is 48%.' 'It is like a 25 point shift, and you don't actually see shifts that big in surveys.'

Nokia to cut 10,000 jobs; shut units

Nokia to cut 10,000 jobs; shut units

Rediff.com14 Jun 2012

"Nokia plans to reduce up to 10,000 positions globally by the end of 2013. Nokia is beginning the process of engaging with employee representatives in accordance with country-specific legal requirements," it said in a statement.

'I Walk 7 Km Daily. I Am Not Losing Weight. Pls Help'

'I Walk 7 Km Daily. I Am Not Losing Weight. Pls Help'

Rediff.com5 Jun 2024

rediffGURU Komal Jethmalani offers advice on how to alter your lifestyle so that you can stay healthy.

How to manage loans when you lose your job

How to manage loans when you lose your job

Rediff.com24 May 2013

Sell unwanted assets, get out of costly loans, get out of assets generating low returns and negotiate with your bank, says experts.

Hewlett-Packard to slash 14,500 jobs

Hewlett-Packard to slash 14,500 jobs

Rediff.com20 Jul 2005

Hewlett-Packard has targeted 14,500 jobs cuts worldwide or about 10 per cent of its regular full-time staff, including an unspecified number from its Houston campus, over the next 18 months. \n

Are You At Risk Of LOSING Your JOB?

Are You At Risk Of LOSING Your JOB?

Rediff.com11 Jul 2022

Remember, the security of your job primarily depends on two major factors -- how relevant you are for the organisation and how the organisation is aligned to its stakeholders (investors, clients and employees)

India, UK to resume trade talks this month

India, UK to resume trade talks this month

Rediff.com7 Jul 2024

With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.

Ferguson makes history as New Zealand maul PNG

Ferguson makes history as New Zealand maul PNG

Rediff.com18 Jun 2024

New Zealand bowler Lockie Ferguson joined Canada skipper Saad Bin Zafar as only the second bowler in T20I history to bowl each of the allotted four overs as maidens, returning figures of 4-4-0-3. Zafar recorded 4-4-0-2.

'Manthan Is My Most Influential Film'

'Manthan Is My Most Influential Film'

Rediff.com18 May 2024

'The censor board asked me for some strange cuts.' 'Otherwise, they would have given me an 'A' certificate.' 'One cut was where Girish Karnad was explaining artificial insemination in cattle.' 'These cuts never made any sense to me.'

7 Countries Where Indians Can Study MBBS

7 Countries Where Indians Can Study MBBS

Rediff.com5 Sep 2024

rediffGURU Dr Pananjay Tiwari lists the options and cost of pursuing an MBBS education outside of India.

Credit Suisse to cut 1,500 jobs globally

Credit Suisse to cut 1,500 jobs globally

Rediff.com1 Nov 2011

Switzerland's other major big bank, UBS, said in August it was trimming 3,500 jobs to save 2 billion francs annually.

Tata Steel to cut up to 3,000 jobs in European plants

Tata Steel to cut up to 3,000 jobs in European plants

Rediff.com19 Nov 2019

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.

'I'm Still Struggling'

'I'm Still Struggling'

Rediff.com3 Sep 2024

'At the age of 25, there are still no work offers coming your way, so how do you move ahead in life?'

Facebook's parent Meta to fire another 10,000 people

Facebook's parent Meta to fire another 10,000 people

Rediff.com14 Mar 2023

Facebook's parent company Meta announced on Tuesday it will fire another 10,000 people, implementing a second round of jobs cuts after it slashed 11,000 positions in November last year, to improve its financial performance in a "difficult environment". Meta founder Mark Zuckerberg said in a post that overall "we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired." The company has said that in its "Year of Efficiency", the company aims to make itself "a better technology company and to improve our financial performance in a difficult environment so we can execute our long-term vision."

HP pay cuts not to affect ex-EDS employees

HP pay cuts not to affect ex-EDS employees

Rediff.com2 Mar 2009

HP employs around 60,000 people in India, including former employees of EDS, which it had acquired for $13.2 billion in May last year. However, a good number of EDS India employees who were transferred to HP India will not be so lucky, industry sources said. "HP CEO Mark Hurd's plan to effect pay cuts between 2.5 per cent and 5 per cent will affect all EDS employees who were moved to HP," an industry source added.

Credit Suisse to cut 2,000 jobs worldwide

Credit Suisse to cut 2,000 jobs worldwide

Rediff.com28 Jul 2011

Credit Suisse has seen more than 50 per cent fall in quarterly profit.

US job losses drop; unemployment rate at 9.4%

US job losses drop; unemployment rate at 9.4%

Rediff.com7 Aug 2009

The number of jobs lost in the United States came down sharply by 247,000 as the unemployment rate declined to 9.4 per cent in July, one of the strongest indications yet that recession in the world's largest economy is easing.

Tata's Jaguar Land Rover to cut 450 more jobs

Tata's Jaguar Land Rover to cut 450 more jobs

Rediff.com14 Jan 2009

Company chief executive David Smith said that he did not expect sales to return to normal levels "for some time." He added, "It is only right and proper that our response to the unavoidable impact of the credit crunch and a severe reduction in demand includes actions across all grades and functions in the company. It is critical that Jaguar Land Rover becomes a more efficient and dynamic organisation to face up to the challenges that we will meet in the years ahead."

Pick The Right Career After Class 12

Pick The Right Career After Class 12

Rediff.com23 May 2024

Considering factors like job prospects, growth potential and industry trends can provide valuable insights into selecting a suitable career path, suggests rediffGURU Rohit Gupta.

Obama keen to cut tax sops to cos outsourcing jobs

Obama keen to cut tax sops to cos outsourcing jobs

Rediff.com21 Sep 2010

Making a strong pitch to discourage outsourcing of jobs, United States President Barack Obama on Monday said that America's current tax structure gives incentives for shipping jobs overseas, a trend that needs to be reversed with incentives aimed at creating jobs inside the country.

Citigroup cutting 11,000 jobs, taking $1 bln in charges

Citigroup cutting 11,000 jobs, taking $1 bln in charges

Rediff.com6 Dec 2012

The cuts, which amount to about 4 per cent of the bank's workforce, carry the fingerprints of Citigroup's Chairman Michael O'Neill.

<I>Boston Globe</I> to lose 55 jobs to India

Boston Globe to lose 55 jobs to India

Rediff.com2 Mar 2007

The New York Times Company, which owns the Boston Globe, had recently announced the elimination of more than 120 jobs at the Boston Globe. Of these, 55 jobs in advertising finance will be outsourced to India.

Why Hindustan Unilever may cut jobs

Why Hindustan Unilever may cut jobs

Rediff.com28 Apr 2017

The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.

Google to axe 12,000 workers; CEO Pichai says 'sorry'

Google to axe 12,000 workers; CEO Pichai says 'sorry'

Rediff.com20 Jan 2023

Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant after Microsoft, Facebook and Amazon to retrench staff en mass amid the global economic downturn. In an email to employees, the Indian-origin CEO said: "I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles." Pichai said the layoffs at Google were carried out after a "rigorous review" of its operations.

Great jobs on offer as firms cut costs!

Great jobs on offer as firms cut costs!

Rediff.com20 Apr 2010

Job opportunities arise as companies try to cut costs and conform to laws, says Joyita Chatterjee.

Vodafone incurs loss; to cut 400 jobs

Vodafone incurs loss; to cut 400 jobs

Rediff.com30 May 2006

Vodafone, the mobile phone giant headed by NRI chief executive Arun Sarin, on Tuesday announced annual losses of 14.85 billion pounds and said it planned to cut 400 jobs at its headquarters in Newbury in the UK.

'I Am Proud To Be A Transgender Woman'

'I Am Proud To Be A Transgender Woman'

Rediff.com30 Jul 2024

'Nobody accepted me when I was a boy, but now people ask me to bless them.'

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Ex-Agniveers to get 10% reservation, age relaxation in CAPFs

Rediff.com24 Jul 2024

A provision has been made for relaxation in the upper age limit and exemption from the Physical Efficiency Test in the recruitment to the post of constable (general duty) and rifleman in the CAPFs and Assam Rifles for ex-Agniveers, Minister of State for Home Affairs Nityanand Rai said in response to a written question.

Microsoft to axe 10,000 jobs, nearly 5% of global workforce

Microsoft to axe 10,000 jobs, nearly 5% of global workforce

Rediff.com18 Jan 2023

Microsoft will lay off 10,000 workers, about five per cent of its total workforce, its CEO Satya Nadella announced on Wednesday, terming it a hard choice that the tech giant had to make to remain a "consequential company" amid global economic uncertainties. Microsoft is the latest company after Facebook and Amazon to cut jobs as the bloodbath continues in the technology sector in 2023. Describing the current times as "significant change", Indian-origin Nadella said customers who accelerated their digital spend during the Covid-19 pandemic, are now optimising their digital spend to do more with less.

Lost your job? This HR company could help you

Lost your job? This HR company could help you

Rediff.com11 May 2020

'It could take 12 months or more for hiring to get back on track.' 'New opportunities would come up and there will be demand for skillsets that can help dealing with the current situation.'

Nokia Siemens Networks may cut 5,760 jobs

Nokia Siemens Networks may cut 5,760 jobs

Rediff.com3 Nov 2009

The company, a joint venture between Finnish cell phone maker Nokia and German conglomerate Siemens AG, is planning to bring down its annual operating expenses and production overheads by 500 million euros by the end of 2011.

New jobs: IT sector shines, manufacturing lags

New jobs: IT sector shines, manufacturing lags

Rediff.com20 Oct 2015

From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.