Showing posts with label Downturn. Show all posts
Showing posts with label Downturn. Show all posts
Tuesday, April 21, 2009

India's IT export target of $50 bn will be delayed, says NASSCOM

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IT industry association NASSCOM said the export revenue target of 50 billion dollar by 2010 will be delayed by 3-4 quarters due to the globa...
Thursday, April 16, 2009

Will Yahoo layoff hundreds of employees?

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Yahoo Inc is gearing up for its third round of mass layoffs in 14 months, signaling the long-slumping Internet company is still struggling t...
Friday, April 3, 2009

Like Boeing, Bombardier to layoff 3,000 jobs

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Canadian plane maker Bombardier, which is the third largest aircraft company in the world, on Thursday joined giant Boeing in axing 3,000 jo...
Sunday, March 29, 2009

Over 121,000 Filipinos' jobs axed amid global recession

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Over 121,000 Filipino workers have either lost their jobs or suffered pay cuts or reduced work loads because of the economic crisis, a gover...
Saturday, March 28, 2009

Is Infosys eyeing acquisitions in the US?

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Indian software major Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan N...
Thursday, March 5, 2009

Is US new threat to India in BPO sector?

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A downturn in worldwide economy, Satyam's fraud case and the terrorist attacks in Mumbai and supply chain and shipping cost issues in Ch...
Tuesday, January 6, 2009

Logitech to cut 15 percent salaried staff

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Logitech International SA, a maker of mice, webcams and other computer peripherals, said it is cutting its salaried work force by 15 percent...
Thursday, January 1, 2009

Will 2009 be worst year for US credit card companies?

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US credit card companies have little to celebrate as many analysts brace for 2009 to be one of the worst years on record for consumer credit...
Saturday, December 6, 2008

2.5 lakh may lose jobs in BPO sector

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Business Process Outsourcing firms are likely to see 2.5 lakh job losses by the first quarter of 2009 in the wake of downturn in the US and ...
Saturday, November 29, 2008

Despite downturn VCs pour into India

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The global economic downturn notwithstanding, venture capital investments have continued to flow into India and China, with both countries w...