Jobs cut

Tata Technologies terminates 800 people, IT employee union files complaint

Pune-based employee union for IT/ITes firms Nascent Information Technology Employees Senate (NITES) has filed a complaint with the Labour Commissioner’s office in Pune to take legal action against Tata Technologies, Hinjewa

layoff, IT, NITES, Tata Technologies, employees, 800 employees, unemployment, Labour Commissioner Pune, furlough, jobs, IT/ITes, mass layoffs, pink slips. illegal,

35 lakh jobs gone in November, unemployment shoots up

While 50,000 jobs were lost in October, November witnessed a much higher shedding of jobs at 35 lakhs.

jobs, employment, unemployment, labour force, CMIE

Employment recovering: Urban unemployment at lowest since lockdown, even as salaried jobs get cut

The recovery in informal sector jobs has offset the loss in the formal employment in urban India.

jobs, job loss, employment rate, unemployment rate, urban unemployment rate, rural india, mgnrega, farm sector, informal workers

Employment rate falls to record low; workers hopeless about jobs walk out of job market

The unemployment rate during the last week was 23.8 per cent, labour participation rate fell to 39 per cent and the employment rate was a mere 30 per cent.

unemployment, employment, LPR, labour participation rate, CMIE

Forecasts of fewer jobs dull India’s demographic sheen: Kotak Equities

Half-a-billion people in India are expected to remain in the agriculture sector by 2022, and per-capita incomes are likely to stay at around $1.50 per day, barely above the poverty line, says a report.

Kotak equities, jobs in India, agriculture sector, fewer jobs India, demographic sheen India, Indian economy, per capita income

Johnson & Johnson to cut about 3,000 jobs in medical devices

New Brunswick, Jan 19 (AP) Johnson & Johnson expects to cut about 3,000 jobs over the next two years as the health care conglomerate works to restructure its medical devices business.

Tata Steel announces 1,050 job cuts in UK, blames it on China

Grappling for survival, Tata Steel today announced it will cut 1,050 more jobs in the UK, including the country's biggest steel plant, as part of the Indian steel giant's broader cost-reduction plan for its business amid "unf

Tata steel bonus

5 million jobs lost during high-growth years: Assocham study

'The Indian economy went through a period of jobless growth when five million jobs were lost between 2004-05 and 2009-10 while the economy was growing at an impressive rate,' Assocham said.

jobs lost, jobs, employment

India slips to second place on hiring outlook

India has slipped to the second place, after Taiwan, in terms of the companies' employment outlook for the next quarter, even as hiring intentions remain bullish on the back of robust business sentiments.

jobs in india

Target Corp to cut jobs in Bengaluru as part of global exercise

US retailer Target Corp is cutting 'thousands' of jobs at its corporate headquarters and Bengaluru in India as part of a USD 2 billion...

Target Corp, Target Corp India, Target jobs, Target Corp jobs, jobs cut

Britain’s Tesco could axe 10,000 jobs: Report

Troubled British supermarket giant Tesco could axe as many as 10,000 jobs under plans to shut 43 stores in a company-wide...

Tesco, Tesco Britain, Tesco jobs, Tesco job cut, Tesco Britain job cut

JSPL cuts 800 jobs after reporting Rs 1,675 cr loss in Q3

Steel maker JSPL has cut over 750 jobs as the company reported Rs 1,675 crore consolidated loss for the third quarter...

JSPL,  Jindal Steel and Power, API monogram license, American Petroleum Institute,  Angul plant plat,  Government of India, Make in India

IBM to lay off 112,000 employees?

IBM reportedly plans to break with gradual approach and suddenly lay off 26 per cent of its global workforce.

IBM, IBM lay off, IBM job cut

Britain’s Lloyds Banking Group says to cut 9,000 jobs

Britain's state-rescued Lloyds Banking Group announced today that it intends to cut 9,000 jobs by the end of 2017 to reduce costs...

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