Showing posts with label economic slowdown. Show all posts
Showing posts with label economic slowdown. Show all posts
Wednesday, May 13, 2009

Will Capgemini layoff 100 in Chennai?

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Consulting and outsourcing firm Capgemini has laid off nearly 100 employees at its Chennai centre. The pink slips were issued for employees ...
Wednesday, January 14, 2009

ING cuts 750 jobs due to economic slowdown

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Dutch financial services group ING Groep NV will cut 750 jobs, or 7 percent of its US workforce, as part of a global programme to cope with ...
Saturday, December 27, 2008

Caretel Infotech hires 600 people for BPO operations

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Dalmia group company Caretel Infotech is upbeat about the opportunities in the BPO space and has hired about 600 people, even while others a...
Thursday, December 25, 2008

World Bank rejects Satyam's demand for an apology

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The World Bank has rejected Satyam Computer Service’s demand to withdraw a statement by which the organisation imposed an eight-year ban on ...

MphasiS asks 1,300-1,500 employees to relocate or quit

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IT services firm MphasiS has asked all 1,300-1,500 employees at its Noida office to either move to a low-cost location or quit. Most of the ...
Tuesday, December 16, 2008

Over 65,000 jems and jewellery workers may be laid-off

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The cgems and jewellery industry has already laid-off 65,000 workers and might be forced to lay-off a like number in the next two months, an...
Tuesday, December 9, 2008

World Bank warns of a very deep global recession

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Economic growth prospects for both high income and developing countries have deteriorated substantially and the deep global recession cannot...

Is the slowdown, an opportunity in itself?

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The current slowdown will also give an impetus to many technologies, some of which include Green IT, cloud computing, graphics and Web, writ...
Monday, December 8, 2008

Booster shots for global meltdown victims!

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As the global economic slowdown spreads, countries after countries have announced rescue packages. The United States has so far committed $8...