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Cutting jobs will savings of US$200 million and US$300 million to HP.

HP to Leave 3K to 4K Workers Jobless by 2020

Ellie Froilan   | Oct 14, 2016 10:34 AM EDT

HP has announced that it plans to slash 3,000 to 4,000 jobs in the next three years as it continues to struggle with a subdued market.

A financial professional stands in the Goldman Sachs booth on the floor of the New York Stock Exchange April 27, 2010 in New York, New York.

Goldman Sachs to Cut Workforce in Asia by 30%: Reports

Charissa Echavez   | Sep 26, 2016 07:30 AM EDT

Goldman Sachs is going to axe up nearly 30 percent of its 300 investment banking teams in Asia outside of Japan, sources familiar with the matter told Reuters.

IFA 2015 Consumer Electronics And Appliances Trade Fair

Samsung Slashed Thousands of Job in China, Other Countries in 2015

Charissa Echavez   | Jul 06, 2016 11:43 AM EDT

South Korean smartphone giant Samsung has revealed it cut thousands of jobs in China, Europe, Latin America, and Korea in 2015. However, the company continued to recruit for its research and development centers based in the Southeast Asia and Japan regions.

China's coal and steel sectors are expected to layoff 1.8 million workers

China to Layoff 1.8 Million Workers From Coal, Steel Sector

Charissa Echavez   | Feb 29, 2016 12:18 PM EST

China is expected to lay off 1.8 million workers from its coal and steel sector to lessen industrial overcapacity but no definite timeframe has been given, an official from the ministry of human resources and social security revealed on Monday.

Michael Sam

Michael Sam's Hiatus from the NFL May Be a Permanent One

Dino Lirios   | Mar 23, 2015 05:50 AM EDT

Michael Sam, the first openly gay player in the National Football League (NFL), has been out since October. Judging by his performances during the offseason scouts posit that the layoff may be a permanent one.

Apple ad announcing acquisition of Beats

Apple to Lay-off 200 Beats Employees

Marco Foronda   | Aug 04, 2014 02:33 AM EDT

Laid-off employees are redundant.

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