Job cuts | UwidoNews

Opel confirms slashing 9,500 jobs in Europe

The US auto maker General Motors has confirmed it will retain all four plants of its European subsidiary Opel in Germany but will cut 9,500 jobs IN Europe as part of restructuring to make the company profitable again.

Sun Microsystems to cuts 3,000 jobs as awaits Oracle deal

http://sify.com –

Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

Microsoft may cut more jobs if economy worsens

http://www.business-standard.com –

To continue to hire and create jobs in line with recovery and growth of the Indian economy.Global software giant Microsoft today said it might dismiss more employees if economic conditions worsen.The company plans to dismiss 1 per cent of its 5,000 employees in India, part of a plan to shed around 5,000 jobs globally.