Showing posts with label job cuts. Show all posts
Showing posts with label job cuts. Show all posts

Friday, 19 September 2014

Microsoft cuts another 2,100 jobs as it nears 18,000 target

Microsoft has confirmed another 2,100 redundancies as part of a plan to cut 18,000 jobs, some 14% of its workforce.
The software giant said 747 jobs will go in the Seattle area, with the rest spread across its global operations.
Microsoft had already cut 13,000 jobs, with the bulk at the Nokia phone division bought by the US company.
In July, chief executive Satya Nadella announced radical plans to move Microsoft away from software to online services, apps and devices.
Microsoft, which has about 127,000 people on its payroll, will take a charge of between

Wednesday, 27 August 2014

After disasters, stricken Malaysia Airlines staff brace for job cuts

As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines (MASM.KL) flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
The 19,500 staff of Malaysia Airlines (MAS) now face a new ordeal - a quarter of them may lose their jobs at the unprofitable airline, hit by two jet disasters this year. Flight MH370 remains untraced since its disappearance en route from Kuala Lumpur to Beijing in March.
Deep job losses, route cuts and a change of leadership are expected to feature in a restructuring plan being prepared by Malaysia's government for announcement as early as