Swiss bank UBS AG plans to slash around 3,500 jobs, almost half of them from its investment bank, as it seeks to shave some 2 billion Swiss francs from annual
Ford workers approved a cost-cutting agreement with management that includes shutting down a manufacturing plants in Canada in 2011, a move that will cut 1,500 jobs.
Standard Chartered, HSBC and ABN Amro have cut their workforce by a few hundreds
Alternate ways to pull the firm out of its troubles are being discussed
Even the New Year seems to have a liking for layoffs, with nearly one lakh emplo
Tata Steel is to merge its British unit Corus
The Philippine branch of Ford Motor Co has laid off 30 executives.
Notwithstanding the financial crisis forcing cos worldwide into cost-cutting.
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