Thursday, Mar 28, 2024 | Last Update : 11:34 PM IST

layoffs

10 Reasons Why Corporate Training is Important

Employee turnover can be destructive and expensive for organisations.

05 Feb 2024 10:46 PM

Huawei is laying off 60-70% staff in India, cuts revenue target for 2020

Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier

27 Jul 2020 10:25 AM

US jobless claims remain high, second wave of layoffs blamed

From manufacturing, retail, information technology and oil and gas production, companies have announced job cuts

18 Jun 2020 10:53 AM

Japan's economy shrinks less than initial estimate but still in recession

Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period

08 Jun 2020 9:32 AM

US unemployment rate seen near 20% in May as layoffs remain high

Consumer confidence, manufacturing and services industries are also stabilizing, though at low levels, hopeful signs that the worst was over

05 Jun 2020 12:03 PM

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Do Uber, Ola's massive layoffs indicate they may be driving off the map?

600 staff lose Uber jobs days after Ola laid off 1,400 people. Means cab aggregators, propped up by investors despite losses, won't recover?

26 May 2020 10:56 PM

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM

Immigrants, hard hit by economic fallout, adapt to new jobs

The coronavirus pandemic has devastated sectors of the economy dominated by immigrant labour

24 Apr 2020 12:06 PM

Auto component industry fears loss of 10 lakh jobs due to prolonged slowdown

Vehicle sales in all segments have continued to plummet for the last several months.

24 Jul 2019 3:20 PM

Hiring activity to be positive in 2019-20: Survey

Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on the cards.

04 Jun 2019 5:31 PM

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SpaceX to lay off 10 percent of workforce

The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.”

13 Jan 2019 11:44 AM

India Inc to see robust hiring in July-December

Layoffs are likely to be negligible as it was cited by only 2 per cent of recruiters.

13 Aug 2018 5:12 PM

Layoffs still commonplace in India, IT sector worst-hit: report

Even as the economy grows, job layoffs continue to remain a 'commonplace' with the automation prone IT industry.

13 Apr 2018 6:57 PM

Microsoft plans to cut 'thousands of jobs outside US': report

Microsoft has notified some employees about the reductions, the source said.

07 Jul 2017 8:27 AM

Microsoft plans layoffs in sales force shake-up: reports

Microsoft is planning layoffs as it refocuses its sales force on making the software colossus a pivotal part of businesses.

04 Jul 2017 8:01 AM

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Indian IT expected to hire 1.3-1.5 lakh people in FY18

Fears of layoffs in IT sector have led to employees forming India's first tech union.

22 Jun 2017 1:40 PM

'No layoffs at TCS, not much impact of visa ban'

Chandra was tested by many a peeved shareholder on Rs 16,000-crore share buyback by TCS at the meet.

17 Jun 2017 9:25 AM

Nike to slash 1,400 jobs, cut sneaker styles in shakeup

Nike Inc said the layoffs represent about 2 per cent of its 70,000 employees around the world.

16 Jun 2017 9:21 AM

IT layoffs: Infosys says reports overhyped; to hire 20K

Infosys COO UB Pravin Rao said technology-driven transformation presents new opportunities for IT companies.

03 Jun 2017 12:20 PM

Global IT spending will rise to $3.5 trn in 2017: Chandra

Tata Sons chairman says there was no reversal in trend of increased spending on technology.

29 May 2017 11:05 AM

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