Job Cut

Coronavirus Outbreak: Berger Paints says no plan for retrenchment or salary cut during pandemic crisis

Berger said it has decided against any involuntary furloughs or organisational restructuring that may lead to downsizing of headcount and consequent loss of livelihood during the time of widespread uncertainty.

Cognizant Q3 net profit rises 4.1% to $497 mn; company to slash 7,000 jobs as part of cost reduction drive

Cognizant will remove about 10,000-12,000 mid-to-senior level associates worldwide from their current roles in coming quarters, it said.

Cognizant may lay off more employees to bring down costs; plans to reinvest in talent, digital solutions to drive growth

Cognizant will opt for job cuts as the firm’s headcount additions were not in sync with the revenue growth in the past two quarters.

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.

Shares of Tata Motors fall by 3.9% as British unit Jaguar Land Rover announces job cuts at UK plant

Tata Motors stock was the biggest percentage loser on the indexes and posted its biggest daily fall since 13 November

Nokia cuts more than a thousand jobs in Finland

Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement.

Nokia to start job cuts following Alcatel deal

Finland's Nokia launched a job cutting programme on Wednesday following its acquisition of France's Alcatel-Lucent, but did not say how many positions it was planning to axe.

Snapdeal puts 200 employees on 30 day notice, might ask them to leave: Reports

According to reports, online marketplace Snapdeal has put 200 employees on notice. They have been put on a 30 day performance improvement plan and their fate will be decided on basis of their performance during this period

Yahoo to cut more than 300 jobs, shuts down digital magazines: Report

The layoffs cover 128 employees at Yahoo's headquarters in Sunnyvale, California; 46 employees in San Francisco and 60 in Los Angeles

Yahoo announces first round of layoffs as it trims 15 percent of workforce

Yahoo Inc announced Wednesday it will lay off 107 employees in the first of what is expected to be more than 1,500 job cuts.