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economy, business and finance »  company information »  layoffs and downsizing
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KOLKATA, Monday, November 10, 2014

HM trade unions frustrated over VRS

The package offers each employee his balance salary dues (around Rs.45,000) plus encashment of earned and sick leave besides gratuity plus a Rs.1 lakh purse. »
More on layoffs and downsizing AND: automobilefinancially distressed companyWest Bengal
LONDON, Tuesday, October 28, 2014

Lloyds Bank to cut 9,000 jobs

Lloyds Banking Group took another 900 million pound charge to compensate customers for mis-sold loan insurance on Tuesday and unveiled plans to axe 9,000 jobs and about 150 branches to cut costs.<... »
LONDON, Wednesday, July 2, 2014

Tata Steel to cut 400 jobs in U.K. plant

Tata Steel, on Tuesday, said it would cut an estimated 400 jobs at its plant in the U.K. as part of the company’s restructuring process and to increase competitiveness amid sluggish demand. <... »
More on layoffs and downsizing AND: iron and steel
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