cuts in news
RSS cuts in newsHSBC job cuts to hit techies
News HSBC has confirmed IT workers will be hit by the 1,100 job cuts the bank announced on Friday, as fallout from the global credit crunch continues. The cuts will affect the bank's global banking and... [26 Sep 2008]
EC calls for more cuts on the cost to roam
News The European Commission is pushing for further cuts to roaming charges in Europe. The proposed cuts must be submitted to the European Parliament for approval before they can become law. The Commission on... [24 Sep 2008]
Airports spending $3bn to be tech high fliers
News Reflecting the economic downturn, 26 per cent of respondents said their main obstacle to implementing tech is a lack of investment or budget cuts. Airport operators are shelling out on technology in an effort to attract... [23 Sep 2008]
Global IT spending growth slumps
News Global growth in IT spending will slow for the fourth year in a row as the credit crunch compounds the problems of the already stagnant market. A record number of companies - slightly more than 60 per cent - will cut their IT budgets or... [18 Sep 2008]
HP to slash tens of thousands of jobs
News The company said that, once it has finished with the cuts, it expects the moves to save $1.8bn in costs annually. HP on Monday announced plans to cut tens of thousands of jobs over the next three years as it digests its... [16 Sep 2008]
Publisher ditches mainframe for €1m savings
News Tough bargaining forces outsourcing price cuts Profile: Nandan Nilekani, co-chairman, Infosys India losing status as offshore king? International publishing company International Masters Publishers (IMP) has... [12 Sep 2008]
US, Europe tighten IT spend as India, China boom
News Tough bargaining forces outsourcing price cuts Profile: Nandan Nilekani, co-chairman, Infosys India losing status as offshore king? IT budgets are being slashed in the US and Europe as bullish growth in China,... [11 Sep 2008]
Indian outsourcers haemorrhaging staff
News Tough bargaining forces outsourcing price cuts Profile: Nandan Nilekani, co-chairman, Infosys India losing status as offshore king? Indian outsourcers are facing record staff turnover according to a new report,... [05 Sep 2008]
Ex-BT CEO to head up Alcatel-Lucent
News The company also announced 12,500 job cuts in February 2007. Alcatel-Lucent has appointed former BT CEO Ben Verwaayen as its new chief executive. The appointment follows the news, back in July, that chief executive Pat... [02 Sep 2008]
iPhone 3G apps, Microsoft cloud OS, Facebook ban, YouTube police...
News Companies urged not to ban Facebook iPhone 2.0 cuts business mustard, says Gartner The iPhone 3G may have blasted off on 11 July but August was the month Apple's shiny handset was put through its paces and managed to... [01 Sep 2008]
Dell records slide in quarter profits
News Cost cuts, changes to the portfolio of products and an effort to push growth would also impact operating margins, he added. Dell has posted a surprisingly steep drop in quarterly earnings and said companies around the... [29 Aug 2008]
Online auction slashes gov't laptop costs in half
News The government's buying body has slashed the cost of procuring laptops and desktop PCs using online reverse auctions. The e-auction, facilitated by the Office of Government Commerce (OGC) and sponsored by OGCbuying.solutions, was for... [22 Aug 2008]
Tech spend to top $3.4tr
News However, a separate survey has revealed more than half (52 per cent) of UK IT directors are reporting cuts in their budget, despite 91 per cent saying they face greater demands in their departments than last year. [19 Aug 2008]
Bank job losses: Offshoring not to blame
News In the report, author Thomas Meyer said: "Offshoring does not explain job cuts. The use of offshoring is not the main contributor to job losses in the banking sector. According to a report from Deutsche Bank,... [18 Aug 2008]
Indian outsourcing takeover is imminent
News Tough bargaining forces outsourcing price cuts Profile: Nandan Nilekani, co-chairman, Infosys India losing status as offshore king? The US outsourcing giants will be knocked off their throne by the emerging Indian... [14 Aug 2008]
