lay off

Helsinki, Aug 22: Software giant Microsoft plans to close its plant in Salo in Finland, media reported. The plant was taken over from Nokia as a part of Microsoft's acquisition of Nokia's mobile phone sector, reported Xinhua news agency.…

The US Army has announced that it will cut 40,000 soldiers by the end of 2018, shrinking its size from 490,000 to 450,000 due to budget constraints, an official statement said. The statement issued by the US Department of Defense on…

Coca-Cola has announced plans to lay off about 1,800 employees globally, in an effort to cut costs by roughly $3 billion. The beverage giant, based in the city of Atlanta in the US, said in a statement Thursday that it has begun notifying…