IBM to lay off 5,000 in US, outsource to IndiaMarch 26th, 2009 NEW YORK - US computer firm IBM plans to lay off 5,000 workers in its service area in the US, and outsource the majority of them to India, the US business daily Wall Street Journal reported Thursday, citing an insider. At year's end IBM employed around 400,000 people worldwide, with the Wall Street Journal reporting that the company had laid off around 4,600 workers in areas of software, sales and semiconductors at the start of the 2009.
Now IBM axing jobs in CanadaMarch 27th, 2009 TORONTO - IBM Canada, which has 19,600 employees on its rolls, announced Thursday that it is axing a number of jobs to contain costs. The US software giant, which is reportedly in the process of laying off 5,000 staff in America and transferring a lot of them to India, said the Canadian cuts will affect the staff from customer care positions to executives.
Union expresses anger over British Council outsourcing jobs to IndiaJuly 29th, 2009 LONDON - A decision to recruit at least 100 Indian workers, if not more, to fill finance and IT posts at the British Council in New Delhi and other parts of India has infuriated unions, who fear that this could be the blueprint for Whitehall. Final decisions about which jobs will go to India will be taken in the next few weeks, but they are expected to include 58 finance posts, up to 40 IT posts and 15 posts for a new centre of excellence, The Times reports.
IBM cutting 5,000 jobs in US, shifting them to IndiaMarch 26th, 2009 WASHINGTON - International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said Thursday.
Microsoft starts laying off 5000, plans more for futureMay 5th, 2009 Microsoft moves forward on plan to lay off 5,000
SEATTLE — Microsoft Corp. said Tuesday it is pulling the trigger on thousands of the 5,000 job cuts it announced earlier this year.
Google shuts an office in India for 2 days after a worker tests positive for swine fluJuly 15th, 2009 Google shuts office in India over swine flu fearsHYDERABAD, India — Internet search leader Google Inc. shut one of its offices in southern India for two days after an employee tested positive for swine flu, a company statement said Wednesday.
NASSCOM chief sees US visa limits as 'business killer'October 1st, 2009 WASHINGTON - The head of an Indian trade group fears proposals in US Congress to limit visas for foreign high-tech workers would be a "business killer" for India's burgeoning information technology industry and would not reduce US unemployment. Som Mittal, president of India's National Association of Software and Service Cos.
Obama stand on outsourcing is purely politics, comments US expertMay 5th, 2009 BANGALORE - US President Barack Obama's announcement to end tax sops to those US firms outsourcing jobs to countries like India has come under flak from Phil Harkins, a leading US management expert and chief executive of Linkage Inc, a global firm specialising in leadership development 'What Obama is doing is just politics. It's the arrogance of the US to think creating jobs overseas will result in job losses back home.
Bill Gates says US curb on skilled migrant labour will be a 'mistake'July 24th, 2009 NEW DELHI - Microsoft founder Bill Gates Friday said it would be a "big mistake" if the US imposes curbs on the entry of skilled workers from abroad, putting his weight behind "smart people" from countries like India who want to work overseas. "I can't make any predictions.
Africa-Europe fiber optic cable laid, launching 'new era' for African communicationsJuly 23rd, 2009 Africa-Europe fiber optic cable laidJOHANNESBURG — Telecoms companies SEACOM and Cisco Systems say an undersea fiber optic cable linking Africa to Europe has been laid and will help Africa develop better high-speed Internet services. The companies said in a statement Thursday marking the completion of the project — and the start of service — that the cable will make fast Internet cheaper and more accessible in places like Tanzania, Uganda and Mozambique.
Dying jobs force migrant labourers out of BangaloreMarch 30th, 2009 BANGALORE - He may not know the nitty-gritty of recession, but Sriram Prasad, owner of a 'dhaba' in India's Silicon Valley, knows that these are hard times. In the last few months his clientele - mostly construction workers and daily wagers - has come down by nearly 70 percent.
'Big mistake' if US blocks overseas skilled workers: Bill GatesJuly 24th, 2009 NEW DELHI - Microsoft founder Bill Gates Friday said it would be a "big mistake" if the US curbs the entry of skilled workers from abroad, rallying behind the "smart people" from countries like India that has a globally recognised outsourcing industry. He also said Microsoft will like to partner the Indian government in its ambitious plan to give a unique identity number and a biometric card to each of its 1.17 billion people.
Half-million jobs lost, actual count seen higherFebruary 20th, 2009 NEW DELHI - An estimated 500,000 jobs were lost in India from September to December last year in areas like textiles, automobiles and information technology, and the actual numbers across the country could be higher, parliament was informed Friday. Quoting a study by the labour ministry, Corporate Affairs Minister told the Lok Sabha, the lower house, that total employment in the areas covered fell from 16.2 million in September to 15.7 million in December.
Steve Jobs admits of a liver transplantSeptember 10th, 2009 SAN FRANCISCO - The Apple chief executive Steve Jobs, making his first public appearance since his return to work in June after six months' medical leave, has admitted of a liver transplant. Jobs admitted this on the sidelines of a press conference San Francisco, where he was announcing a new iPod nano.
Apple's Steve Jobs to take medical leaveJanuary 14th, 2009 SAN FRANCISCO - Apple's iconic founder and chief executive Steve Jobs said Wednesday that he was taking medical leave from the company, leaving Chief Operating Officer Tim Cook in charge. Jobs, who battled pancreatic cancer in 2004, announced the movie in an email to all Apple employees just a week after he blamed a hormonal imbalance for his gaunt appearance in recent months.