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Rolls-Royce to slash 2,600 jobs from its aerospace division

Aircraft engine maker Rolls-Royce will cut 2,600 jobs over the next 18 months due to declining profits and adverse foreign exchange movements, reports Industry...

Ansell to cut 300 jobs as part of a global restructure plan

Protective clothing manufacturer Ansell said it was planning to initiate a $124.7 million restructuring plan that will see 300 workers lose their jobs. According to...

Hewlett Packard to axe additional 11,000 to 16,000 jobs worldwide

Hewlett Packard, the world’s second largest PC manufacturer, has announced that it will cut additional 11,000 to 16,000 jobs as part of Chief Executive...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.