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Companies

Egon Zehnder

Hang on to your high potentials

In the face of fierce global competition for top talent, many companies are now focusing on programmes to retain and develop their high potentials. However, a recent study conducted by the Harvard Business Review and executive firm Egon Zehnder...[more]

 
Novartis

Jobs move to Asia

Novartis, Europe's second-biggest pharmaceutical company, plans to eliminate 2,000 jobs in Switzerland and the U.S. and add employees in China and India to offset the effect of drug-price reductions.[more]

 
Siemens

A billion euro for Russia

German industrial giant Siemens will take an active part in Russia's plans to innovate and modernize, with one billon euro expected to be gradually invested in the economy during the next three years.[more]

 
Booz

The Global Innovation 1,000

Booz & Company's annual study on innovation shows that spending more on research and development won't drive results. The most crucial factors are strategic alignment, great talent and a culture that supports innovation.[more]

 
Indian Outsourcing

HCL Tech to create 10,000 jobs in US & EU

The Indian IT services company HCL Technologies said it will create 10,000 jobs in the US and the EU in the next 5 years, emphasising that it does not want to be "seen as a company which takes away jobs". The announcement comes at a time when...[more]

 
Cost cutting

Defence group BAE Systems to cull further 3,000 jobs

Defence group BAE Systems is planning to axe a further 3,000 jobs in a blow to the industry the unions call "devastating". The job cuts come after the company cut 15,000 roles worldwide over the past two years in a cost-cutting programme that many...[more]

 
Campus Hiring

Ernst & Young campus hiring returns to pre-recession levels

Ernst & Young in the Americas will hire approximately 9,000 students from across the area, including 5,200 from US campuses, in the 2012 fiscal year. This marks the return of the organization's campus hiring to pre-recession levels.[more]

 
Eon

Job cuts at Germany's EON

Eon, Europe's largest power company responded to the German government's headlong exit from nuclear power with plans to cut as many as 11,000 jobs, almost 15 per cent of its workforce, a painful restructuring that reflects the plight of the entire...[more]

 
IT-Trends

Computer science graduates wanted in the UK

As the UK's technology sector struggles to attract computer science graduates, start-ups have clubbed together to offer more than 500 jobs in an attempt to lure talent away from joining the financial industry in London.[more]

 
Automobile

Volvo and Siemens plan joint venture to develop electric cars

Siemens, Europe's largest engineering company, will develop electric motors and charging systems with Sweden-based Volvo. Siemens will try out as many as 200 Volvo electric cars under real-life conditions by late 2012 following test- track studies...[more]

 
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