Bank of America Corp will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional positions, a media report says.
Hiring during a recession and leveraging a stable succession gameplan are just a few amongst many other things that this firm did right.
Steven Gerrard will know by the middle of this week whether he faces another lengthy layoff or will be back in action for Liverpool soon after being diagnosed with an infected ankle.
Manchester City suffered a third loss in four matches as Steven Gerrard earned Liverpool a 1-0 victory in the first leg of their League Cup semi-final at the Etihad Stadium Wednesday.
'The world and India likely won't have a vaccine that is widely administered till the end of 2021.' 'In the meantime, clear communication would help,' observes Rahul Jacob.
Roger Federer's return from a six-month injury layoff suffered a setback when German teenager Alexander Zverev shocked the Swiss great 7-6(1) 6-7(4) 7-6(4) in an entertaining Hopman Cup tie on Wednesday. The 17-times grand-slam winner underwent knee surgery last February and, after missing the French Open with a back injury, announced in July that he needed extensive rehabilitation and would be sidelined for the rest of the season.
Tata Steel's arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year purchase contract.
'India is nowhere near the peak of the infection given its large population of 1.3 billion'
A summary of Sunday's action in Serie A and Bundesliga.
South African strike bowler Dale Steyn could miss next week's third Test against England as he has yet to recover from a shoulder problem while fellow paceman Vernon Philander has been ruled out of the series, Cricket South Africa said.
Switzerland's other major big bank, UBS, said in August it was trimming 3,500 jobs to save 2 billion francs annually.
More than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months in their efforts to slash costs and those from the financial services space are among the worst hit.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
Daniela Hantuchova beat Venus Williams for the first time in 11 career meetings to advance to the semi-finals of the Eastbourne International grass court tournament on Thursday. The Slovak overcame difficult, windy conditions to triumph 6-2, 5-7, 6-2 and cut short Williams' comeback before she begins her bid for a sixth Wimbledon singles title next week.
Australia, with Steve Smith back in their line-up, will retain the Ashes with victory in the fourth Test, while a win for England would set up a decider at the Oval next week.
The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
With quality bowling attacks, Australia and India may have the edge at the World Cup in England where fortunes are likely to be made or marred in the middle overs.
Many things you do when you're actually in the office could be making you sick. Here's what you need to know about office habits that could be making you sick.
Serena Williams won her second straight tournament and proved her mettle ahead of the U.S. Open with a convincing 6-4, 6-2 win over Australia's Samantha Stosur in the Toronto Cup final on Sunday.
French Open champion Li Na played like a 'junior' while Vera Zvonareva, Maria Sharapova and Petra Kvitova were all also sent packing after rusty performances in the third round at the Toronto Cup on Thursday.
Serena Williams let victory slip from her grasp but gained plenty in defeat at the Eastbourne grasscourt tournament on Wednesday while sister Venus continued her winning return after a five-month injury layoff.
Mohammed Shami has been ruled out of the upcoming Asia Cup.Bhuvneshwar Kumar has been named as the replacement.
World number one Rafa Nadal called on tennis authorities to enforce a two-year rolling ranking system to preserve the health of players.
World number two Kim Clijsters has confirmed she will make her comeback from a two-month injury layoff at the French Open, the Belgian said on Monday.
Chelsea defender Jose Bosingwa faces a three-month layoff after undergoing knee surgery, the English Premier League leaders said on Wednesday. Chelsea said on their website that the 27-year-old Portuguese international had arthroscopic surgery on his left knee this week.
Leading job portal Naukri.com's survey showed that 80 per cent respondents anticipate addition of new jobs in the first half of 2011.
Inter Milan goalkeeper Julio Cesar was called up by Brazil for the first time since the 2010 World Cup on Tuesday for next month's friendly away to France. The 23-man squad picked by coach Mano Menezes includes uncapped midfielders Jadson of Shakhtar Donetsk and Renato Augusto of Bayer Leverkusen.
News of all that's transpired on and off the football field.
Recruiters are now in search of candidates with soft skills alongside tech-based knowledge, says Ambrish Sinha.
Rafa Nadal will make himself available for Spain's Davis Cup quarter-final against United States or Chile in July, the world number one said after Saturday's victory over Belgium.
Defending champion Fernando Verdasco ended Juan Martin del Potro's hopes of reaching a first final following a long injury layoff with a 6-4, 6-4 victory in the semi-finals of the San Jose Open on Saturday.
The airline has been defaulting on salaries for some time, making partial payments in some cases or not paying at all, as it continues to lose money mainly in domestic routes where it can't raise fares facing competition from low-cost airlines.
Tiger Woods has accepted that he will 'never feel great' again after suffering a number of back and knee injuries in recent years.
Australian fast bowler Brett Lee needs more cricket after a six-month layoff with an elbow injury, chairman of selectors Andrew Hilditch has said. Lee remained "very much" in contention for the World Cup on the subcontinent in February.
A battle-tested Serena Williams booked her spot in the semi-finals of the Toronto Cup on Friday after overcoming a sluggish start to grind out a 4-6, 6-3, 6-2 win over Czech Lucie Safarova.
His father Rakesh Roshan puts a rest to all rumours.
Kingfisher Airlines may cut jobs, UB group chairman and CEO Vijay Mallya said on Thursday.
The thin boundary between work and life has become increasingly blurred, which is taking a toll on employese's mental well-being, says Prachi Ghogle.
Michael Ballack will resume his duties as Germany captain when he returns to the national team after an injury layoff, winning a tug-of-war against Philipp Lahm who replaced him at the World Cup in South Africa.
