Founder And CEO Of F...ย โขย 11m
Siemens to Restructure Workforce, Plans to Reduce Up to 5,000 Jobs Siemens to Cut Thousands of Jobs Amid Profit Decline German tech giant Siemens is set to cut up to 5,000 jobs in its factory automation division. This decision comes after a significant 46% drop in profits at its digital industries business. CEO Roland Busch attributed the need for restructuring to unexpected negative developments. "Sometimes we have to do some re-engineering because the developments weren't as positive as we expected them to be," Busch stated. While the exact number of job cuts is still being determined, the company currently employs 70,000 people in its digital industries segment globally... If you want to know more click ๐ below the link
Betterment, Harmony ...ย โขย 9m
BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures. The proposal, seeking โน1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT)
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Tesla's share price is on a rollercoaster, driven by its relentless innovation! The latest strides in self-driving technology have investors buzzing with anticipation. But there's more - the introduction of Optimus AI robots opens up a world of possi
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NPCI is gearing up to establish a 5,000-capacity research and development (R&D) center to drive its global expansion efforts. Meanwhile, MMRDA has allocated a plot in Mumbaiโs Bandra Kurla Complex for NPCIโs new global headquarters, further cementin
See MoreHey I am on Medialย โขย 1y
Layoff has become a trend nowadays..... if one starts, others begin to follow. Hard to trust. Its not that companies are not profitable, they are.... Why do you hire when you have to restructure.... while hiring the vision should be clear for 10 year
See MoreNever take anyone as...ย โขย 1y
Nike is going to crash? Nike is currently facing financial challenges due to significant losses attributed to the high costs of opening and maintaining its Direct-to-Consumer (D2C) stores. This strategic shift has led to operational difficulties, as
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