In the past several weeks or so, there has been a torrent of layoffs, plant closings, and restructurings unknown in recent times. Two major layoffs that caught my eye with my chemical industry background, were those of Dow Chemical (5000) and Air Products (1500). These numbers are in the neighborhood of 10%+ (maybe more) of total staff. It’s not clear how many...

Recession has affected almost all of the industries in India. Big 4 firms  despite their might have been having a tough time dealing with the recession. One chain of thought argues that big 4 firms should, to some extent, be sheltered from the current crisis. Their type of client, the large private and public multinational company, will invariably have a legal requirement...

Long-term oil prices averaging US$80 could destroy US demand for products manufactured in Asia Ever since the financial crisis broke in earnest last September, history has been mined for nuggets of insight. The Great Depression, the Panic of 1907, Japan’s lost decade of the 1990s, the Swedish banking crash in the late 1990s, and so on. Each time, though, the focus has...

Read my other articles on www.telecomcircle.com The financial crisis that engulfed the world last year is now playing out in full proportions. This has spread to each industry and telecom industry is no exception. The impact of the recession in the western world and economic slowdown in the emerging countries is being felt in a big way by all the players in the ecosystem....