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Airport ground-handling staff fear job loss, approach MNS
21 Nov 2008, 2028 hrs IST

Several ground-handling staff of 14 companies at the Mumbai airport on Friday approached the Raj Thackeray-led MNS, seeking help from the party leader to protect their jobs.

Will Citigroup go for lay-offs in India? 
21 Nov 2008, 1747 hrs IST

Citi is axing 52,000 jobs worldwide and cutting costs by a fifth, but will it be reluctant to give up any of its hard won presence in Asia? Reshape your career | Job trends

US news agency AP to cut staff by 10% 
21 Nov 2008, 0520 hrs IST

The US news agency the Associated Press plans to reduce its staff by 10 percent by some point in 2009, mostly through attrition, AP president and chief executive Tom Curley said Thursday.

ONGC rains perks to counter attrition 
21 Nov 2008, 0000 hrs IST, Rajeev Jayaswal & Soma Banerjee

ONGC plans to retain employees, company offered bouquet of perks and facilities to 30,000-odd employees. Trends in job mkt | Time management

Downturn seen hurting executive pay in 2009 too 
20 Nov 2008, 2224 hrs IST

Plunging financial markets may finally compel boards to do what governance critics never could: get tough on lavish executive pay.

BAE Systems to cut 200 jobs 
20 Nov 2008, 2201 hrs IST

British defence manufacturer BAE Systems said it was cutting immediately 200 jobs at its land systems business.

France slashes auto jobs as crisis hits manufacturing 
20 Nov 2008, 2159 hrs IST

France's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs as the global economic crisis cut a swathe through the world's auto sector.

AstraZeneca to axe 1,400 jobs in Europe, shuts three plants 
20 Nov 2008, 2157 hrs IST

Anglo-Swedish pharmaceuticals giant AstraZeneca said that it would slash 1,400 jobs by 2013 as it shuts factories in Belgium, Spain and Sweden.

Governments scramble to protect jobs as losses mount 
20 Nov 2008, 1624 hrs IST

Govts scrambled to cushion the impact of the finance crisis with France launching a sovereign wealth fund and China unveiling a jobs protection plan as the car industry made huge new cuts.

France's Peugeot Citroen to slash 3,550 jobs 
20 Nov 2008, 1618 hrs IST

French carmaker PSA Peugeot Citroen announced plans to slash 3,550 jobs as the automobile sector struggles with the global economic crisis.

Career Corner
EQ a tool to de-stress employees Govt approves higher pay for CPSU officers
In a bonanza to officers of Central Public Sector Undertakings, the govt announced a hefty 50 to 300% increase in pay-packages.
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ET Cetera

Cine workers resume work for four days
The Federation of Western India Cine Employees (FWICE) has managed to pacify the industry workers to resume work for four days till a solution is arrived at between the two.

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