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  • Citigroup, Citigroup, citigroup to shed 4 500 jobs to trim costs makeover losses, Job cuts

    Citigroup to shed 4,500 jobs to trim costs, makeover losses 04 January 2012

    Citigroup is drawing up plans to eliminate about 4,500 jobs, or 1.5 percent of its global work force of 267,000. This impediment is certain as the US financial major seeks to trim costs in a bleak global economic environment. The...

    Keywords: Down sizing Citi, hedging losses, Job Cuts, Citigroup

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    Kingfisher airlines, Job Cuts, kingfisher plans massive cost cutting exercise job cuts and longer working schedules, Job cuts

    Kingfisher plans massive cost-cutting exercise, job cuts, and longer working schedules 05 January 2012

    Cost– cutting has been the mantra, to reduce debt burden, adhered across the globe. In a latest bid the private airliner which had a severe financial crunch in the recent past is trying to work out a major a cost-cutting...

    Keywords: Kingfisher airlines, Debt Crisis, Debt trap, Debt trap

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    jobs, IPTV services, nokia siemens to cut 17000 jobs, Job cuts

    Nokia Siemens to cut 17000 jobs 24 November 2011

    On Wednesday Finnish-German telecom equipment maker Nokia Siemens Networks announced a restructuring plan entailing 17,000 job cuts world-wide by the end of 2013. Nokia Siemens Networks, which on November 1 counted 74,000 employees, "plans to reduce its global workforce by approximately...

    Keywords: Nordea Bank, Finnish-German telecom equipment maker, Finnish-German telecom equipment maker, IPTV services

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