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Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Crisis-hit Jet Airways fires 16 more people to cut cost

The airline continues to layoff people from various departments in small groups.

27 Nov 2018 5:03 AM GMT

About 18,000 of them, or 36 per cent of the workforce, are eligible for voluntary redundancy.

GM to close Canadian factory, putting 3000 jobs at risk: report

The plans stand to affect 50,000 employees across the US, Canada and Mexico.

26 Nov 2018 6:18 AM GMT

HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of 2017.

HSBC to cut up to 10,000 jobs in drive to slash costs: report

The plan represents the lender's most ambitious attempt in years to cut costs.

7 Oct 2019 4:15 AM GMT

Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Uber lays off 400 employees in marketing team

As of December 31, Uber had 22,263 employees, with 1,951 employees in sales and marketing team.

30 July 2019 3:11 AM GMT

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal to cut more than 2,000 jobs, shares drop

The company expected headline results to fall by at least 650 million rand (USD 45.78 million) in the first half of its...

10 July 2019 10:06 AM GMT

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

Auto companies in India cut more jobs, halt production to tackle...

Automakers, component manufacturers and dealers had already cut 350,000 jobs.

23 Aug 2019 3:53 AM GMT

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Auto gloom: More layoffs coming in temp, sales, R&D sides

The sector has already culled 3.5 lakh jobs since April.

14 Aug 2019 12:59 PM GMT

One of the automobiles damaged in the accident.

Tens of thousands losing jobs as India's auto crisis deepens: sources

Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

7 Aug 2019 5:23 AM GMT

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart sacks around 50 executives in India restructuring: sources

The move underscores the struggles Walmart has faced in expanding its wholesale business in India.

13 Jan 2020 5:32 AM GMT

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Sharp Corp lays off 3,000 foreign staff, moves production to China

The deep job cuts come as Japan debates whether to bring in more foreign workers amid a national labour shortage.

4 Dec 2018 6:24 AM GMT

As many as 12,431 firms together have shelled out over Rs 18,625 crore CSR activities in the last two financial years.

IT sector 'robust', layoffs part of appraisal process: Govt

IT sector will continue to hire and has added five lakh jobs in the last 2.5 years.

17 May 2017 3:57 AM GMT

After notifying the staff about the layoffs, many companies hire a certified coach to allay the anxiety of the fired employees. (Representational Image)

Cisco Systems announces 1,100 more layoffs

The new round of layoffs comes on top of the 5,500 jobs Cisco announced it was cutting in August.

18 May 2017 10:47 AM GMT