Major Layoffs of the Year 2011

By siliconindia  |   Friday, 30 December 2011, 20:54 IST
Print Email


Gannett Co:



The U.S newspaper division Gannett Co’s President Bob Dickey announced that to reduce cost there will be layoffs in the company. According to him, their will be a job cut around 700 employees or 2 percent of the company’s overall workforce.



This layoff is the single largest round since July 2009, when the news paper division had eliminated about 1,400 jobs in that year.This would become the fourth mass layoff since August 2008, reports the Gannett Blog.



 
 
SPOTLIGHT
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..
ISRO unveils 'Young Scientist'
State-run Indian Space Research Organisation (ISRO) on Monday announced the launch of its Young ..
Inland, coastal maritime technolog
The Ministry of Shipping, under its flagship Sagarmala Programme, is setting up a state-of-the-art..