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Swedish fashion conglomerate, H&M, has recently undertaken a restructuring exercise which has led to job cuts in Singapore. This move comes as the retailer transfers its Southeast Asian hub from Singapore to Kuala Lumpur in Malaysia. The restructuring…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
Apple had high hopes for this year, setting its sights on capturing the admiration of customers with its ultra-thin iPhone, named the iPhone Air. This model was primed to break away from the pack and shine amongst Apple’s other releases. Interestingly, you…
PostFinance has announced plans to implement job cuts by the end of November 2025, unveiling a consultation procedure aimed at increasing operational efficiency amidst ongoing restructuring efforts. Job Cuts Affecting Administrative Roles The Swiss financial…
Japanese auto giant Nissan announced earlier this week that it will downsize its workforce globally by firing 12,500 employees. This includes the manufacturer’s India operations as well. A report by ETAuto now states that over 1700 employees from the Indian…
Cisco has revealed plans to cut up to 5,500 jobs after reporting flat revenue for its full financial year a 2% decline in revenue for the fourth quarter. The networking vendor said it will restructure to cut costs in lower growth areas, and allow it to focus…
