Ericsson eyes $1.2 bn savings, may cut more jobs
Telecom equipment maker Ericsson is looking at various measures, including job cuts, to increase operational efficiencies and reduce cost by SEK 9 billion (USD 1.2 billion) by 2017.
Nov 13, 2014, 18:56 PM ISTCisco to lay off 6,000 people; India may see job cuts
Networking solutions giant Cisco will lay off up to 6,000 employees globally, including India, after it reported a marginal decline in profits and revenues for the fourth quarter.
Aug 14, 2014, 17:31 PM ISTMicrosoft CEO signals changes, defers talk on job cuts
Microsoft Corp Chief Executive Satya Nadella deferred any comment on widely expected job cuts at the software company on Thursday, after circulating a memo to employees promising to "flatten the organization and develop leaner business processes."
Jul 11, 2014, 00:59 AM IST