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HP lays off 22,700 jobs till Jul as part of restructuring plan

Last Updated: Monday, September 9, 2013, 21:40

Computer maker Hewlett-Packard (HP) has laid off about 22,700 jobs as of July as part of its multi-year restructuring programme to cut costs.

4,500 British soldiers to be axed

Last Updated: Tuesday, June 18, 2013, 17:59

Cash-strapped Britain axed nearly 4,500 Army personnel in the third and biggest round of job cuts since the 2010 defence review.

RBS to cut 1,400 jobs over next two years

Last Updated: Friday, May 17, 2013, 10:44

The Royal Bank of Scotland (RBS) has that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain, a media report said.

HSBC to slash down another 14000 jobs

Last Updated: Thursday, May 16, 2013, 19:49

HSBC is determined to slash 14000 jobs despite earning huge profits and plans for a cost-cutting worth 2 billion pounds over the next three months.

Greece adopts bill to cut 15,000 civil servant jobs

Last Updated: Monday, April 29, 2013, 12:57

The Greek parliament has voted to adopt a law that provides for the dismissal of 15,000 civil servants as part of austerity measures imposed by the country's international creditors.

Tata Steel to shut UK technology centres, job cuts expected

Last Updated: Sunday, April 28, 2013, 19:18

A source told 'The Sunday Times' that Tata Steel may then shift this research to the Netherlands and India, resulting in 300-400 job cuts in the UK.

Boeing to cut up to 1700 engineering jobs this year

Last Updated: Friday, April 19, 2013, 13:27

The head of engineering at Aerospace giant Boeing’s Commercial Airplanes unit has said that the firm will reduce its engineering workforce by up to 1700 positions this year, with as many as 700 job cuts coming through layoffs.

Angry steel workers block Belgian-Dutch border

Last Updated: Friday, March 8, 2013, 17:58

Hundreds of Belgian steel workers are blocking a busy border crossing between Belgium and the Netherlands to protest against planned job cuts by ArcelorMittal.

Motorola Mobility shuts India website, cuts 1200 jobs globally

Last Updated: Friday, March 8, 2013, 14:46

The company will cut around 1,200 jobs across 13 countries, including India and China, in addition to 4,000 lay offs it announced last year.

Swedish energy giant to cut 2,500 jobs

Last Updated: Thursday, March 7, 2013, 13:13

The company's operations in Germany were most affected by the job reduction plan where it had to let go 1,500 employees, reported Xinhua citing the Swedish daily Dagens Nyheter (DN).

Nokia cuts 300 jobs; to outsource 800 staff to TCS, HCL Tech

Last Updated: Thursday, January 17, 2013, 16:35

Nokia on Thursday said it will outsource the IT function to Indian technology firms TCS and HCL Technologies, a move that will see the Finnish handset maker cutting up to 300 jobs.

Tata Communications cuts 300 jobs worldwide

Last Updated: Tuesday, December 11, 2012, 19:12

"It (300 job cuts) is around the world, including India and multiple other locations," the source added.