Tag Archive
Nokia cuts some 400 jobs
Nokia is the latest in the queue. The world’s leading mobile phone company, Nokia, on Wednesday, has declared more than 400 job cuts. The company also announced it plans to reorganize its research and development operations in its native Finland and to shut down its Jyvaeskylae site. This follows Nokia’s last month statement which listed... »
Jan sees 9,000 job losses every day
As the financial chaos continues to jolt the world economies, from electronics to telecom to pharma sectors, almost every industry is cutting on thousands of its employees every day. Marred by the deepening recession, the first month of the year 2009 alone has seen a staggering average of 9,000 employees facing the axe everyday!... »
Crisis woes: Workers losing jobs at an alarming rate
Actor Nicolas Cage took just a minute to vanish away with one car in the 2000 Hollywood blockbuster ‘Gone in 60 Seconds’, but jobs today according to reports seem to be disappearing at a faster rate, with companies laying off at least one employee every 10 second to cut costs and fight the economic... »
