Saturday, January 24, 2009

Now iGATE joins L&T, Essar, in expressesing Interest in Satyam

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There seems to be light at the end of the tunnel for the fraud-ridden Satyam Computer Services. After Larsen & Toubro and Essar showed i...

Toyota considers layoff of 1,000 full-time jobs

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Toyota Motor Corp is considering cutting more than 1,000 full-time jobs in North America and the United Kingdom to cope with faltering globa...

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...
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Friday, January 23, 2009

Sun Microsystems begins laying off 6,000 across all ranks

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Sun had earlier last year announced a series of changes designed to align its cost model with the global economy and accelerate the introduc...

Intel to shut sites in Malaysia, Philippines; To layoff 6,000 jobs

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Intel Corp said on Wednesday it would close manufacturing plants in Malaysia and the Philippines, as well as its only remaining factory in S...

Apple logs record $10-bn sales; beats recession

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Apple Inc rose as much as 6.8% in Nasdaq trading as holiday demand beat estimates last quarter, helping allay concerns the recession and the...

Due to drop in profits, Ericsson to cut 5,000 jobs

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Wireless equipment maker LM Ericsson on Wednesday said profits dropped 31 per cent in the fourth quarter, citing restructuring charges and w...