Major Layoffs of the Year 2011

By siliconindia  |   Friday, 30 December 2011, 20:51 IST
Print Email


Goldman Sachs:



The fifth largest bank in Unites States, Goldman Sachs has planned to cut around 1,000 jobs by the year end to reduce the costs by $ 1.2 billion in expenses. Goldman’s CFO David Viniar told the analysts that they are not much focused on the dollars that the savings will create than the number of heads.



Even though it I cutting down in the U.S, the bank has planned to hire 1,000 new employees for its Singapore office as reported by the Fox News.



 



 
SPOTLIGHT
Inland, coastal maritime technolog
The Ministry of Shipping, under its flagship Sagarmala Programme, is setting up a state-of-the-art..
ISRO unveils 'Young Scientist'
State-run Indian Space Research Organisation (ISRO) on Monday announced the launch of its Young ..
Presidency University to offer
Presidency University is coming up with a specialised course in cyber security at its new campus, ..
IISc database on peninsular Indian
The Indian Institute of Science (IISc) on Sunday announced its database of flora in peninsular..