Layoffs

Coronavirus Impact: Indian manufacturing output falls further in May; rate of job cuts accelerates, says PMI survey

Coronavirus Impact: Indian manufacturing output falls further in May; rate of job cuts accelerates, says PMI survey

The country's manufacturing sector activity recorded another sharp deterioration in business conditions during May as new orders placed w...Read More

Organised pvt sector planning layoffs, salary cut

Organised pvt sector planning layoffs, salary cut

According to the latest results of MyHiringClub.com and Sarkari-Naukri.info Layoff Survey 2020, 68 per cent of the employers surveyed hav...Read More

India needs to spend around Rs 650 bn to help the poor and the vulnerable amid COVID-19 crisis: Raghuram Rajan

India needs to spend around Rs 650 bn to help the poor and the vulnerable amid COVID-19 crisis: Raghuram Rajan

Former Reserve Bank of India governor Raghuram Rajan on Thursday said India needs to spend around 650 bln rupees to help the poor and the...Read More

COVID-19: Talentrackr Technologies unveils platform to connect laid-off employees with employers

COVID-19: Talentrackr Technologies unveils platform to connect laid-off employees with employers

With the coronavirus pandemic taking a toll on jobs, recruitment software product firm Talentrackr Technologies has launched a platform t...Read More

Depression is also a threat, urgent need for measures to prevent the economy from falling into slumber: Sajjan Jindal

Depression is also a threat, urgent need for measures to prevent the economy from falling into slumber: Sajjan Jindal

Industrialist Sajjan Jindal on Tuesday said measures needed to taken as early as possible to prevent the country's economy from falling i...Read More

COVID-19 throws 1 in 6 American workers out of a job

COVID-19 throws 1 in 6 American workers out of a job

US unemployment at highest level since the Great Depression of the 1930s

OYO cuts fixed pay of all by 25%, asks some India employees to go on leave

OYO cuts fixed pay of all by 25%, asks some India employees to go on leave

OYO on Wednesday asked some of its staff in India to go on leave with limited benefits from May 4 for four months, and also asked all emp...Read More

COVID-19: After layoffs, job cuts, hiring freeze set to kill a million dreams in India

COVID-19: After layoffs, job cuts, hiring freeze set to kill a million dreams in India

COVID-19 lockdowns and social distancing have not only triggered job losses across industries in India but are also resulting in scarcity...Read More

Indian professionals confident about long-term employment outlook: Survey

Indian professionals confident about long-term employment outlook: Survey

Tread cautiously in short-term over concerns regarding availability of jobs, company's financial situation, and the impact on income and ...Read More

It is a kneejerk reaction: Journalists' union express anguish over layoffs amid coronavirus lockdown

It is a kneejerk reaction: Journalists' union express anguish over layoffs amid coronavirus lockdown

National journalist's unions expressed deep anguish and serious concern over developments in media that include suspension of publication...Read More

FIEO says MSME exporters have no liquidity to pay April wages

FIEO says MSME exporters have no liquidity to pay April wages

Apex exporters body FIEO on Tuesday said the micro, small and medium enterprises (MSME) do not have adequate liquidity to pay wages to th...Read More

Silicon Valley braces for layoffs, reduction in salary and job freeze post lockdown

Silicon Valley braces for layoffs, reduction in salary and job freeze post lockdown

The Silicon Valley, hub of Indian entrepreneurship that showcases excellence of Indian IT professionals, is bracing itself for a post cor...Read More

Don’t cut salaries or lay off employees: EPFO appeals employers

Don’t cut salaries or lay off employees: EPFO appeals employers

Amid the ongoing 21-day lockdown imposed in the country to contain the transmission of coronavirus has forced companies to either ask emp...Read More

Amidst layoffs, Trump urged to pause H1B visa programme

Amidst layoffs, Trump urged to pause H1B visa programme

) A US body representing American technology workers has urged President Donald Trump to suspend for this year the H-1B visa programme, t...Read More

Avoid layoffs, pay cuts for faster recovery: Experts urge India Inc

Avoid layoffs, pay cuts for faster recovery: Experts urge India Inc

With the coronavirus pandemic threatening a sharp economic slowdown, experts are suggesting companies to adopt a humane approach in ratio...Read More

Worried about job loss, Hyderabad IT employee commits suicide

Worried about job loss, Hyderabad IT employee commits suicide

Officials said she resorted to the extreme step after a notice from the IT firm to her and some other employees informing them that it wi...Read More

Nokia to cut jobs, says slow 5G progress not cause for layoffs

Nokia to cut jobs, says slow 5G progress not cause for layoffs

Helsinki: Finnish telecommunication giant Nokia on Tuesday announced its plans to cut jobs, media reported. Nokia gave 350 as a layoff ta...Read More

Walmart to close 269 stores, lay off 16,000 employees

Walmart to close 269 stores, lay off 16,000 employees

Washington – The US retail giant Walmart Stores, Inc. on Friday announced plans to close 269 stores and lay off 16,000 employees, 6,000 o...Read More

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Foxconn employees to go on hunger-strike on January 23

Chennai: Stepping up their stir against suspension of production at Foxconn India’s facility near here, the employees have decided to go ...Read More

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