HRD
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
Malaysia Airlines axes 6,000 jobs; plans break-even in 2018
02 Jun 2015
Newly-appointed CEO Cristoph Mueller wants to cut costs by 20 per cent to bring the ailing carrier into line with the region’s top peers, Cathay Pacific and Singapore Airlines
Bank employees get 15% hike under new wage pact
25 May 2015
Siemens to cut another 4,500 jobs worldwide
07 May 2015
The latest round of job cuts takes the total announced since December to 13,100 — or about 4 per cent of the global workforce
Cisco names Chuck Robbins as CEO; John Chambers is executive chairman
04 May 2015
Chuck Robbins joined Cisco in 1997 and has moved quickly through the company’s ranks, most recently serving as Cisco’s senior vice president of worldwide operations
Cairn India to cut 40% jobs amidst tax dispute, oil price fall
23 Feb 2015
Cairn said it has been hit by financial constraints of a bar on transfer of assets in India worth $1 billion and the impact of a sharp fall in global oil prices
Tesco to cut around 9,000 jobs
16 Feb 2015
Sony to cut 1,000 more jobs as smart phone losses mount: report
28 Jan 2015
With the latest round of job-cuts, Sony’s workforce will shrink by roughly 30 per cent to 5,000 as of the end of the fiscal year through March 2016
IBM to trim workforce, but denies reports of mass layoffs
28 Jan 2015
IBM has been steadily reshaping its 400,000-plus staff for several years, laying off workers in some areas and hiring others in new growth businesses
Sensitive to staff: N Chandrasekaran
16 Jan 2015
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