Tag Archives: axe

Nissan plans job cuts, where will axe fall in India?

CHENNAI: Japanese automobile giant Nissan Motor Corporation’s announcement of plans to cut over 12,500 jobs globally has provoked intense speculation in the country on where the axe will fall in its Indian operations. While in their announcement made on Thursday, Nissan has not listed the 14 sites or locations where it will cut the jobs, there are reports circulating that 1,700 jobs will be lost ... Read More »

Coca-Cola to axe 1,200 jobs as it shifts to new cluster model

Marketing jobs could be at risk as part of Coca-Cola’s plans to axe 1,200 jobs. The cuts are part of wider plans to restructure the business around five “strategic clusters” as it looks to transform into a consumer-centric total beverage company. Speaking on an investor call this afternoon (25 April) following Coca-Cola’s quarterly results announcement, incoming CEO James Quincey said ... Read More »