Showing posts with label slowdown. Show all posts
Showing posts with label slowdown. Show all posts
Friday, July 3, 2009

Will India IT sector miss export target of $60 bn by FY10?

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India's software sector is likely to miss the much-touted target of touching 60 billion dollar exports by FY10, due to unprecedented slo...
Thursday, April 9, 2009

Will the Obama's policy on US firm to pull back jobs have effect on India?

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Sallie Mae, a US-based company which gives loans to students, Monday announced to move back as many as 2,000 overseas jobs, including those ...
Wednesday, April 1, 2009

Global IT spending to drop by 3.8% in 2009, says Gatner

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The ongoing global slowdown will force companies worldwide to reduce their IT expenditure to USD 3.2 trillion this year against $ 3.4 trn in...
Thursday, February 12, 2009

Has British jobless rate hit decade high?

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Britain's official unemployment rate hit the highest level for about 10 years on Wednesday, as experts warned more job cuts would come a...
Sunday, February 8, 2009

Is Infosys getting tougher on poor performers?

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The economic slowdown has made Infosys Technologies, India’s second-largest IT services firm by revenues, take a harder look at employee per...
Wednesday, February 4, 2009

As turmoil continues technology exports to miss target

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Exports of software and services in the year to March will be sharply below an earlier forecast as the global slowdown dents Nine trends for...
Saturday, January 31, 2009

MNC software firms step up hiring in India

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At a time when top Indian tech firms including TCS, Infosys and Wipro plan to slow down their linear growth by hiring less number of people,...
Monday, January 26, 2009

UK firms eye India to beat recession

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India is top on the priority list of many British corporate houses as many companies having business in India have been able to survive the ...
1 comment:
Saturday, January 24, 2009

Harley to cut 1,100 jobs as profit falls

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Harley-Davidson Inc said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a sl...
3 comments:
Tuesday, January 13, 2009

Seagate sacks CEO and to cut 800 workers

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Seagate Technology has replaced its top two executives and said it plans to cut 800 jobs — 10 percent of its US work force — as the hard dri...
Saturday, January 10, 2009

Intel assures employees: No more job cuts

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Intel Corp said job cuts it made three years ago should help it ride out the economic slowdown, indicating that Chief Executive Officer Paul...
Friday, January 2, 2009

Job losses would be temporary, says Montek Ahluwalia

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The government on Friday said the current economic situation could lead to some job losses, but these would only be temporary with economy p...
Thursday, January 1, 2009

Is it tough times ahead for techies in 2009?

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With sinking profits, eroding margins, cost-cuttings and an acquisition bid gone awry, 2008 was a year with more jeers than cheers for the c...
Wednesday, December 24, 2008

Google staff will not get bonus this year

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Google Inc, owner of the world’s most-used search engine, is giving employees mobile phones instead of cash gifts this year as it reins in c...

Warnings by Russia, China dire economic straits in 2009

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Russia and China issued stark warnings on Wednesday about the impact of the crisis on their recently booming economies in 2009, as stocks an...
Wednesday, December 17, 2008

Indian unorganized retail sector to grow to $496 bn in four years

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The unorganized retail sector is expected to grow at about 10 percent per annum to reach $496 billion in 2011-12 despite the steady expansio...
Thursday, December 11, 2008

IT spending to be on a slowdown across Asia

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IT spending in Asia Pacific (excluding Japan) will drop to a growth rate of 7.1% in 2009, a decrease from 10.2% in 2008, said Singapore-base...
Monday, December 8, 2008

Legal firms to make hay in slowdown

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Fortunes of domestic law firms will continue to rise on account of spurt in layoffs and commercial disputes, even though the government inje...
Saturday, December 6, 2008

Will the slowdown benefit BPO industry?

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Indian industry will feel the real impact of the current meltdown in the US and other developed economies in the first quarter of 2009, with...
Thursday, December 4, 2008

40pc of large businesses cut their IT budgets

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More than 40 percent of large businesses have cut their IT budgets this year due to the global economic slowdown, according to a new survey ...