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Latest Articles in jobs cut

India’s Unemployment Rate Hits Four-month High In April

Urban unemployment rose to 9.81 per cent from 8.51 per cent in the same period, while rural unemployment marginally fell to 7.34 per cent in April from 7.47 per cent a month ago, according to the CMIE

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Meta To Reveal Fresh Round Of Job Cuts Across Facebook, Instagram

This new layoff will affect the teams working on Facebook, WhatsApp, Messenger, Instagram and the virtual-reality division Reality Labs among others

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The Cruel Cruel Tech World

A sector that continues to be the cornerstone of many of the present-day growth stories is facing a tough period not only for the businesses involved but also for its people

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The Great Indian Layoff

This is an issue that plagues even the most highly skilled and high-paying employers

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'Off To Canada': India's Jobs Crisis Exasperates Its Youth

Having peaked at 23.5% in April 2020, India's joblessness rate dropped to 7.9% last month, according to CMIE.

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Job Roles In Demand For Freshers In The Retail Segment

This domain also witnessed a lower attrition rate as compared to the other sectors in Q2. Some of the profiles wherein freshers will be in demand are.

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VW To Cut Up To 4,000 Jobs Via Early Retirement, Sources Say

Handelsblatt newspaper, which earlier reported on the plan, had said the company would cut up to 5,000 jobs.

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Jabs Equal Jobs? Fed Sees Possible Economic Boom If Vaccine Gets On Track

After a catastrophic spell when economic conditions were so confounded by the coronavirus that the Fed stopped making projections altogether, U.S. central bankers now like what they see.

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Coca-Cola Laying Off 2,200 Workers As It Pares Brands

The downturn forced the company to accelerate a restructuring that was already underway.

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IndiGo Lays-Off 10% workforce

Country's largest low-cost carrier, IndiGo, has decided to lay off 10 per cent, or nearly 3,000 of its workforce due to the tough economic crisis caused due to corona virus pandemic.

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Microsoft Trims Jobs As It Enters New Fiscal Year

The company cut roles at its online news portal MSN.com, as it shifted to an AI-powered algorithmic feed

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HSBC Revives 35,000 Job Cut Plan After Pandemic Pause

HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs, in March saying the extraordinary circumstances meant it would be wrong to push staff out.

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That Old Fable Of Ants And Grasshoppers

"Vade ad formicam …" - "Go to the ant, you sluggard; consider its ways and be wise!"

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India's 2018-19 Jobless Rate Declines To 5.8%, Says Government Report

India's unemployment rate in May rose to 23.48%, marginally lower than 23.52% in April, according to data released by the Centre for Monitoring Indian Economy

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Atlas Cycles Shuts Down Operations; Lays Off Workforce

Hence, the workforce of the Unit will be laid off with effect from June 3, 2020, till adequate arrangement of funds is made,” the company said in an official letter.

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