Fighting economic downturn in Europe, TATAs are working to lower costs at its Jaguar Land Rover and steel operations there including a possible sale of any piece of business but the outgoing group chairman Mr Ratan Tata said that "Will try ...
Tags: economic downturn, lower costs, steel operations, slab making activity
Google's plan to cut 20% of the workforce at its Motorola Mobility unit has reignited internal fears that the Internet giant primarily had its eye on 17,000 Motorola patents when it acquired the mobile device maker in May. Google earlier ...
Chip company Advanced Micro Devices on Thursday said it would lay off 15 percent of its workforce as it tries to inch back to profitability at a time when the PC market is slumping. The company will lay off close to 1,800 people, and it ...
Tags: Advanced Micro Devices, AMD, chip, market, PC
Amid stiff competition from the likes of Google and Apple, Research In Motion is planning a series of sweeping changes that will see the company delay a key update to its BlackBerry operating system, reduce the number of phones it sells, ...
Tags: RIM, BlackBerry 10, iconic smartphones
Yahoo's new CEO, Marissa Mayer, was absent from the company's quarterly earnings call on Tuesday, disappointing any analysts who might have been hoping for an early clue about the direction she will chart for the company. Yahoo CFO Tim ...
Tags: Yahoo, CEO, Marissa Mayer
The Boise-based computer chip maker Micron Technology Inc. is scaling back on its plans to develop energy-efficient lighting technology, leading to the layoff of at least 30 workers. Micron spokesman Dan Francisco confirmed the decision ...
Tags: LED light, North America Micron
HP’s layoff count has increased again as the company said, in a U.S. Security and Exchange filing it will eliminate 29,000 positions, 2,000 more than the previous figure. In May, HP announced plans to cut 27,000 employees by 2014, ...
Tags: employment, highlightedpost, HP, layoffs, Meg Whitman, Staff cuts
About a year ago,Xerox told some 600 employees,many of them engineers,that their jobs were being transferred to an India-based IT services firm. How has that worked out?Neither company is disclosing detail about what's been going on,but ...
Tags: Xerox, India-based IT services firm, Ursula Burns, HCL
Taipei, Dec. 14, 2012 (CENS)--Contrasting most of their peers having carried out layoffs and unpaid furloughs to counter global economic doldrums, Asustek Computer Inc. and Acer Inc., Taiwan’s top two PC brand vendors, both have moved ...
Reuters reported that it is unwise for governments to intervene to avoid the closure of steel plants in the euro zone's oversupplied market. The chief executive of Austrian steelmaker Voestalpine said that in the last few weeks both the ...
Tags: steel plants, steel production, Eurofer
The multi national mining company Rio Tinto has long promised that its proposed new copper mine near the small town of Superior, Ariz., would provide 4,000 jobs and economic salvation for a local population that has struggled to find work ...
Over the past few years much has been said about the amazing economic and industrial growth achieved by China.Let's be honest,China's growth has been absolutely remarkable and is the envy of the world.In 2010 China became the world's ...
Tags: China, Remarkable, Growth, Clay
The job cuts amount to about 5% of TI's nearly 35,000 employees worldwide US based semiconductor firm Texas Instruments (TI) is planning to cut about 1,700 jobs globally to reduce costs as part of its plans to shift focus from ...
Tags: semiconductor, Texas Instruments, smartphones, slash jobs
Philips Lighting plant in Bath has held a meeting on Wednesday, and told workers of the impending closure. It wasn't immediately clear when layoffs will begin, but the company told employees that the plant will close by the end of 2013, ...
Tags: Europe Philips Lighting, Lighting
Silgan Containers Manufacturing in Menomonee Falls, Wisconsin, US has announced its decision to relocate its production line to another one of its manufacturing facilities. The company, which manufactures metal food packaging, is set to ...