January 16, 2009

Accenture Philippines lays off 500 workers

Outsourcing firm Accenture said it is laying off at least 500 workers in the country due to a “redundancyā€¯ program.

This affects approximately three percent of its total workforce in the Philippines or approximately 500 out of a total headcount of more than 16,000 employees.

Source: We have also received a report of Accenture layoffs in India coming February.~

December 19, 2008

Texas Instruments to cut 400 jobs

According to Washington Post, Texas Instruments, a leading US microchip maker, “is slashing 400 jobs in the Philippines to cope with falling orders amid the global economic crunch, labor officials said Friday.

The Dallas-based company notified the Philippine Labor Department of its plan to seek 400 volunteers to take “generous” severence packages among 2,300 employees in its sprawling plant in the northern city of Baguio, said Ana Dione, a Labor Department official. ”

Update (1-22-2009): Texas Instruments to cut up to 30% of it’s workforce at the end of January, 2009, according to leaks

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