Thread: Big Companies announcing massive jobs cuts but INDIA is Hiring.

With global companies, such as Cisco, Pfizer and Boeing, announcing massive jobs cuts, it seems the world's economy is headed south.

In an effort to improve their balance sheets, many of the major multinationals have started to lay-off employees, which suggest that they do not expect future demand to justify the head count.

Meanwhile, in a reversal of roles, companies in India instead of planning job cuts are finding it difficult to fill the vacant posts.

Nearly all the big corporations operating in India say they are looking at hiring people and not firing them.

Let us have a look at companies that have recently announced huge lay-offs.


Global job cuts show world economy in trouble - Rediff.com Business





.

but,how long this trend remains it will be nice to see.