Nearly 700 employees laid off by Cisco -R s

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SiliconIndia Daily dose

Monday, July 20, 2009
Top news
Due to slow sales, computer networking giant Cisco has laid off between 600 and 700 employees in an attempt to cut costs.
A dramatic meltdown after boom years globally has made Indian firms smarter in employee engagement and talent management, which will help it grow faster when recovery begins, predicts a study by global consulting firm Deloitte.
With the recruitment market shrinking due to the global economic slowdown, job portals are working on new strategies like launching city-specific portals or targeting fresh graduates.
During the India-Latin America Business Seminar in Buenos Aires July 2, when it was announced that a senior vice president of Tata Consultancy Services (TCS) in charge of Latin America, Spain, Portugal, would make a presentation.
Executive Program in Applied Finance from IIM-C
India-Bangladesh bilateral trade can double by 2011, says the Federation of Indian Chambers of Commerce and Industry (FICCI), which has suggested a multi-pronged action agenda for creating a favourable investment climate.
Japanese auto giant Nissan Motor Co is betting big on India not only for manufacturing cars for domestic and overseas markets but also for sourcing components for its global operations.
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The Indian equities wrapped the week with a massive gain of 9.2 percent on the back of good global cues and heavy institutional buying seen among the foreign investors (FIIs) as compared to last week slump of 9.4 percent.
The Indian arm of U.S. based merchant banker Morgan Stanley was Saturday authorised to undertake primary dealer business in government securities and bonds with effect from July 20.
Featured communities
This community is to provide IT jobs for fresher and experienced candidate who preferred to work in and Bangalore.
Hi i am inviting you people to join this community to share your opinion about SAP technology in India.
Hi, I welcome all the cisco employees to this community. The idea of creating this community is to help and share.
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Its not going to help India, in any deal with Americans, those people have earned more than we earned.
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A district minister arrived one Sunday morning in a small rural town. The local minister asked the district minister to help with a local problem.
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Startup city
Aloqa, a developer of context based mobile solutions has raised $1.5 million in Series A funding. Wellington Partners led the round, and was joined by individual angels of the company...
Who says niche players can't be billion-dollar companies?
Sashi Reddi, Entrepreneur, FXLabs Studios
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CXO Insights
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