Showing posts with label economic downturn. Show all posts
Showing posts with label economic downturn. Show all posts
Thursday, May 14, 2009

Will BT cuts 15,000 more jobs in 2009?

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Britain's BT Group cut its dividend and said a further 15,000 jobs would go after a 1.58 billion pound ($2.4 billion) write down and res...
Friday, December 26, 2008

50,000 Indian IT jobs may go, says UNITES

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Over 50,000 IT professionals in the country may lose their jobs over the next six months as the situation in the sector is expected to worse...

Will oil prices rebound in post-Christmas trade?

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World oil prices rebounded in Asian trade on Friday after tumbling to four-year lows before the Christmas break, with economic gloom weighin...
Tuesday, December 23, 2008

Wipro to buy Citi unit for $127 million

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Wipro Ltd, India's third-ranked outsourcer, said on Tuesday it had agreed to buy Citi Technology Services Ltd for $127 million in cash a...

Asian tech firms force workers to take leave

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When the global recession began to take a toll on high-tech manufacturers in Taiwan, the factories gave their workers a vacation that many w...
Saturday, December 6, 2008

Hong Kong to create 250K jobs through infra projects

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Hong Kong's government aims to create 250,000 jobs by launching 10 big infrastructure projects in 2009, its financial secretary said on ...
Tuesday, November 11, 2008

IT industry in India safe, says Nasscom chief

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We need not worry about the slowdown in the US economy. It is all a temporary phase and very soon, the US dollar will reach a stable positio...
Monday, November 3, 2008

'Indian R&D centers need to pull up'

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Current economic downturn is an ideal opportunity for R&D subsidiaries in India to showcase their value proposition says a new study . Z...