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Latest Articles in jobs cut

Severe Underemployment More Serious Than Unemployment: Niti Aayog

"Severe underemployment" and not unemployment is a more serious problem as a job that needs to be done by one person is often performed by two or more workers, says the government's policy think tank Niti Aayog

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'India Will Create 30 Lakh Jobs In IT Sector By 2030'

Speaking in BW Businessworld’s third Digital India Summit held here in New Delhi, Prasad said technology is enabled to empower to the power, underprivileged and the poor of India

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Sad Over Recent IT Layoffs, Says Narayana Murthy

Founder Chairman of Infosys N R Narayana Murthy expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy

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No Job Cuts, We Will Hire More: TCS CEO

The company launched a BPO centre in Patna on 11 May and has ruled out any plan to downscale its workforce. The company plans to hire more employees in future as part of the Digital India drive of the government

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Liquor Ban On Highway To Affect A Million Jobs

The border districts of several states see very high liquor sales with most of the alcohol illegally transported across the border at a higher rate

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Jobs: Making Indian Youth Job Ready

The Union Budget focuses on maximising the employability potential of the country’s young population

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Some Loss, Some Gain

Growing automation across industries will eat up some lowskilled jobs, but will also create new jobs

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Media: Stop Press!

Demonetisation has had a devastating impact on the media industry. It’s abuzz with news of large scale restructuring and massive job cuts

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Unemployment In India To Increase Marginally In 2017-18: Report

Unemployment in India is projected to witness marginal increase between 2017 and 2018, signalling stagnation in job creation in the country, according to a UN labour report

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Hindustan Times Shuts Down Business Bureau

In a recent development, Hindustan Times, the national English Daily from the HT Media group has shut down their Business Bureau. All the business pages of Hindustan Times will now be the responsibility of their Business broadsheet Mint

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Their Worlds Came Crashing Down

Suddenly there was no money, no buyers and so, no sales. Soon there were no profits, no wages and soon after – no jobs...

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Standard Chartered To Cut 10% Of Corporate, Institutional Banking Staff

Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs

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Twitter Plans To Cut About 300 More Jobs

The job cuts could be announced before the company reports third-quarter earnings on Thursday, and the number of jobs affected could change

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Volkswagen May Cut 2,500 Jobs Per Year Via Early Retirements: Report

Top management and labour leaders are locked in "tough" talks on future strategy and cost savings at the troubled VW brand

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Dutch Bank ING Cutting 7,000 Jobs In Digital Transformation

The move is partly directed by the bank's bid to reshape its services for the digital banking market, in which it said it would be investing some 800 million euros

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