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JAL mulls cutting 5,000 jobs to save costs
Tokyo: Cash-strapped Japan Airlines Limited (JAL) is considering slashing about 5,000 employees or 10 per cent of its group workforce by March 2012 to reduce costs by $1.6 billion, the Japanese media reported on Tuesday. Most ReadToyota Kirloskar's Fortuner @ Rs 18.45 lakhYahoo to compete with Bing despite Microsoft deal Pranab Mukherjee to speak with Swiss banks on secret accountsNew tax code: NGOs,
Tokyo: Cash-strapped Japan Airlines Limited (JAL) is considering slashing about 5,000 employees or 10 per cent of its group workforce by March 2012 to reduce costs by $1.6 billion, the Japanese media reported on Tuesday. Most ReadToyota Kirloskar's Fortuner @ Rs 18.45 lakhYahoo to compete with Bing despite Microsoft deal Pranab Mukherjee to speak with Swiss banks on secret accountsNew tax code: NGOs,
'97,000 jobs cut in US in July '
Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months, warning of a further hike in downsizing activity by the last quarter of
Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months, warning of a further hike in downsizing activity by the last quarter of
Continental Airlines to cut 1,700 jobs
The US-based Continental Airlines today posted a loss of $213 million in the second quarter and said it will slash up to 1,700 jobs as a part of cost-cutting measures.
The US-based Continental Airlines today posted a loss of $213 million in the second quarter and said it will slash up to 1,700 jobs as a part of cost-cutting measures.
Boeing to cut 1,000 defence jobs
Boeing Co told employees it will have to cut around 1,000 jobs in its defence division because of Pentagon budget reductions, the Associated Press said, citing an internal memo from Jim Albaugh,
Boeing Co told employees it will have to cut around 1,000 jobs in its defence division because of Pentagon budget reductions, the Associated Press said, citing an internal memo from Jim Albaugh,
Unemployment still a problem for US
New Delhi: The US economy is believed to have hit the bottom of the slowdown, according to most economists, said Diane G. Farrell, Member, Board of Directors, Export-Import Bank of the US
New Delhi: The US economy is believed to have hit the bottom of the slowdown, according to most economists, said Diane G. Farrell, Member, Board of Directors, Export-Import Bank of the US
Jaguar Land Rover plans extended shutdown and job cuts
The Tatas-owned Jaguar Land Rover plans an extended shut down of its UK plants and a new round of staff layoffs as it struggles to cope up with the slump in the world car market, a media report said
The Tatas-owned Jaguar Land Rover plans an extended shut down of its UK plants and a new round of staff layoffs as it struggles to cope up with the slump in the world car market, a media report said
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