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Siemens To Cut Up To 5,000 Jobs In Automation Business After Downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
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Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
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Samsung Defends Indian Wages as Strike at Plant Enters Third Week
More than 1,000 workers have disrupted operations and protested in a makeshift tent close to Samsung's home appliances factory near the city of Chennai since September 9.
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Kiran Mazumdar-Shaw Opposes Karnataka's Job Quota Bill, Minister Responds
Kiran Mazumdar-Shaw, the founder of pharmaceutical giant Biocon, on Wednesday opposed the proposal to reserve private jobs for local hires in Karnataka, which houses the country's information technology hub Bengaluru.
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Karnataka Job Quota May Force "Companies To Relocate": Software Body
A day after the Karnataka cabinet approved a bill mandating reservation for locals in the private sector jobs, software body Nasscom has sought its withdrawal saying the provisions "threaten to drive away companies".
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Officials Visit Foxconn iPhone Plant, Question Executives About Hiring
The labour officials visited a Foxconn factory this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs
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Employer Contacts Man 6 Months After Firing Him, Asks For Laptop Password
The employer requested him to share the laptop password to perform a factory reset to prepare the device for a new user to use in future.
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In Tejashwi Yadav's Dig At Nitish Kumar, A Hrithik Roshan Reference
Labelling the BJP as a "factory of lies", former Bihar deputy chief minister Tejashwi Yadav on Sunday asserted that his RJD stands for 'Rights, Jobs and Development'.
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Apple Supplier Foxconn Said to Invest $500 Million to Build Component Factories in India
Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million (roughly Rs. 4,115 crore) to build two component factories in India. At least one of the factories that the Taiwanese company plans to construct in Karnataka will produce Apple parts, including for iPhones, people familiar with the matter said.
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Foxconn Unit FII to Sign $194 Million Agreement to Set Up Components Factory in Tamil Nadu
A Foxconn unit will on Monday sign an agreement with India's Tamil Nadu state to build a new facility for electronic components that will create 6,000 new jobs, a senior state government source with direct knowledge said.
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Tata Group To Invest Over $5 Billion In UK Electric Battery Factory
Indian conglomerate Tata Group will invest over 4 billion pounds ($5.2 billion) in a giant battery plant in southwest England that will create thousands of jobs, the UK government and the company said on Wednesday.
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Vedanta Deepens Tech Push With $4 Billion Display Factory in India, to Create 3,500 Direct Jobs
The newly appointed CEO of Vedanta's untried display business is seeking to hire global talent to build and run a $4 billion (roughly Rs. 32,811 crore) factory in western India. YJ Chen says the display venture will soon begin recruiting from South Korea, Taiwan, Japan and other regions to set up a liquid crystal display panel fabrication unit in I...
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Micron Confirms Up to $825 Million Investment to Set Up Chip Factory in Gujarat
US memory chip firm Micron Technology said on Thursday it would invest up to $825 million (roughly Rs. 6,760 crore) in a new chip assembly and test facility in Gujarat, India, its first factory in the country.
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Over A Century Old Australian Chocolate Company Collapses, Dozens Of Workers To Lose Jobs
This is the second time that chocolate maker Ernest Hillier Chocolates has faced bankruptcy in the last eight years.
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Apple Supplier Foxconn to Start iPhone Production in Bengaluru Plant by April 2024
Apple supplier Foxconn will start manufacturing iPhones in Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1. The project, valued at Rs. 130 billion, is expected to create around 50,000 jobs.
-
Siemens To Cut Up To 5,000 Jobs In Automation Business After Downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
-
Boeing To Cut 17,000 Jobs Worldwide Amid Factory Strikes
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region.
-
Samsung Defends Indian Wages as Strike at Plant Enters Third Week
More than 1,000 workers have disrupted operations and protested in a makeshift tent close to Samsung's home appliances factory near the city of Chennai since September 9.
-
Kiran Mazumdar-Shaw Opposes Karnataka's Job Quota Bill, Minister Responds
Kiran Mazumdar-Shaw, the founder of pharmaceutical giant Biocon, on Wednesday opposed the proposal to reserve private jobs for local hires in Karnataka, which houses the country's information technology hub Bengaluru.
-
Karnataka Job Quota May Force "Companies To Relocate": Software Body
A day after the Karnataka cabinet approved a bill mandating reservation for locals in the private sector jobs, software body Nasscom has sought its withdrawal saying the provisions "threaten to drive away companies".
-
Officials Visit Foxconn iPhone Plant, Question Executives About Hiring
The labour officials visited a Foxconn factory this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs
-
Employer Contacts Man 6 Months After Firing Him, Asks For Laptop Password
The employer requested him to share the laptop password to perform a factory reset to prepare the device for a new user to use in future.
-
In Tejashwi Yadav's Dig At Nitish Kumar, A Hrithik Roshan Reference
Labelling the BJP as a "factory of lies", former Bihar deputy chief minister Tejashwi Yadav on Sunday asserted that his RJD stands for 'Rights, Jobs and Development'.
-
Apple Supplier Foxconn Said to Invest $500 Million to Build Component Factories in India
Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million (roughly Rs. 4,115 crore) to build two component factories in India. At least one of the factories that the Taiwanese company plans to construct in Karnataka will produce Apple parts, including for iPhones, people familiar with the matter said.
-
Foxconn Unit FII to Sign $194 Million Agreement to Set Up Components Factory in Tamil Nadu
A Foxconn unit will on Monday sign an agreement with India's Tamil Nadu state to build a new facility for electronic components that will create 6,000 new jobs, a senior state government source with direct knowledge said.
-
Tata Group To Invest Over $5 Billion In UK Electric Battery Factory
Indian conglomerate Tata Group will invest over 4 billion pounds ($5.2 billion) in a giant battery plant in southwest England that will create thousands of jobs, the UK government and the company said on Wednesday.
-
Vedanta Deepens Tech Push With $4 Billion Display Factory in India, to Create 3,500 Direct Jobs
The newly appointed CEO of Vedanta's untried display business is seeking to hire global talent to build and run a $4 billion (roughly Rs. 32,811 crore) factory in western India. YJ Chen says the display venture will soon begin recruiting from South Korea, Taiwan, Japan and other regions to set up a liquid crystal display panel fabrication unit in I...
-
Micron Confirms Up to $825 Million Investment to Set Up Chip Factory in Gujarat
US memory chip firm Micron Technology said on Thursday it would invest up to $825 million (roughly Rs. 6,760 crore) in a new chip assembly and test facility in Gujarat, India, its first factory in the country.
-
Over A Century Old Australian Chocolate Company Collapses, Dozens Of Workers To Lose Jobs
This is the second time that chocolate maker Ernest Hillier Chocolates has faced bankruptcy in the last eight years.
-
Apple Supplier Foxconn to Start iPhone Production in Bengaluru Plant by April 2024
Apple supplier Foxconn will start manufacturing iPhones in Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1. The project, valued at Rs. 130 billion, is expected to create around 50,000 jobs.
