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The World Bank has imposed an eight-year ban on doing business with India's Satyam Computer Services , India's fourth-largest outsourcing company, reports The Register. The ban began in Septe... More >
Indian software services provider Wipro will buy Citigroup's Citi Technology Services for about $127 million in cash, reports Bloomberg . The India-based Citigroup subsidiary with 1,650 emplo... More >
Asian tech companies increasingly are trying to cut labor costs without losing workers by cutting their work week to four days and other measures, according to a Reuters story in The Washington P... More >
Boy, the grim job news continues unabated. Leading the pack Wednesday was this report that hard-drive maker Western Digital plans to lay off 2,500 people , or about 5 percent of its global work forc... More >
In an effort to staunch the bleeding, telecommunications equipment maker Alcatel-Lucent announced Friday plans to cut costs by 1 billion euros (US$1.3 billion) in each of the next two years, which in... More >
It's pink slip day for Yahoo employees, reports Kara Swisher at All Things Digital . The company announced in October it would be laying off 1,500 workers as it attempts to right the ship... More >
AT&T's adding to the hurt in its announcement Thursday that it will lay off 12,000 people , about 4 percent of its work force. The Associated Press , in a story in the Seattle Post-Intell... More >
According to this article from vnunet.com , Egypt could become a major player in the outsourcing market next year. The Egyptian government is looking to build on the success of its Smart Village te... More >
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