Tag Archives : Job Cuts

The Organization for Economic Co-operation and Development (OECD) has come up with disturbing figures about the job market. The global recession could still cost the jobs of nearly 25 million people. Although there was positive signs of recovery in 30 member countries, recession is still the toll on many lives. According to OECD, already approximately [...]

The internet search engine giant, Google Inc. has begun to feel the ripple effect of the economic storm as well. As a measure to cut costs, 200 marketing and sales jobs are to be cut from its international operations. Google broke its record of over ten years of not cutting the mainstream jobs, as an unavoidable step to cope with the recession. The [...]

IBM will cut as many as 5000 jobs in the United States this year, which will amount to over 4 percent of the total IBM’s workforce. Sources say that the job cuts will be administered mainly in the IBM’s global outsourcing and consulting services. These turn of events are only expected after the economic recession, probably the worst in the history. [...]

Cell phone maker, Nokia plans to cut 1,700 jobs due to the sluggish sales in al the global markets. The jobs cuts will affect the devices and markets, corporate development office and global support functions. Earlier in February, Nokia has announced that it will temporarily layoff at least 20 percent to 30 percent employees in one manufacturing [...]