India Forums



Go Back   India Forums > Education, Jobs & Immigration > Jobs in India
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 01-28-2015, 09:52 AM
SwatiSood SwatiSood is offline
Senior Member
 
Join Date: Jul 2014
Posts: 356
Default IBM to reduce 5k employees in India

IBM is expected to lay off a few thousand people in India in the coming months as the company moves towards newer technologies such as cloud computing and mobile and as it seeks to deal with dropping revenues and growing margin pressures.

Multiple sources put the likely figure in India at about 5,000 employees, though they also said many of these could be replaced by contract staff. This will help margins, and facilitate just-in-time hiring in the current volatile market.

Reply With Quote
  #2  
Old 01-28-2015, 12:24 PM
AditiArora's Avatar
AditiArora AditiArora is offline
Senior Member
 
Join Date: Aug 2014
Posts: 495
Default

This is really shocking news if this happen then it will be very difficult for those people who layoff from their jobs.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT +5.5. The time now is 07:11 PM.


Powered by vBulletin Version 3.5.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.