Canada Post is preparing for one of the largest workforce reductions in the federal public sector as it faces mounting…
Browsing: Financial Crisis
SpiceJet has started reducing its workforce as financial troubles deepen, with more than 500 employees expected to be affected in…
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has announced a temporary deferment of part of the salaries of ministers, MLAs,…
Oracle is reportedly preparing for its biggest round of layoffs ever, with between 20,000 and 30,000 jobs at risk worldwide.…
Claiming delay in obtaining the Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), Alhind Air has…
Tamil Nadu is facing a major economic and humanitarian challenge due to the US imposing 50 per cent tariffs on…
Some employees of Bira 91 who were told to serve a notice period of two months in December 2024 have…
SpiceJet has asked 150 members of its cabin crew to go on leave without pay (LWP) for three months, as…
ShareChat, the video-sharing platform, has reportedly laid off approximately five per cent of its workforce, amounting to around 40 employees.…
A WhatsApp group comprising at least 800 former and current employees of Byju’s has reportedly been created for a unified…
While hearing a plea by the employees of Byju’s, the edtech startup, the National Company Law Tribunal (NCLT) observed that…
There seems to be no end to the crises that have gripped Byju’s. In addition to the ongoing financial crisis…
With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue…
Employees of Byju’s may have expected layoffs and may even have been mentally prepared for the same given the financial…
Except for the Bengaluru headquarters, situated in Knowledge Park, Byju’s has shut down all its offices across India. It has…
Due to financial constraints, Byju’s, the edtech startup had been delaying the payment of salaries. It has processed the February…
While the employees of Byju’s have received their January salaries before the promised date, they have also been apprised of…
The cash crunch at Byju’s, the Indian edtech startup seems to be continuing. Latest media reports say that Byju Raveendran,…
Indian quick-grocery delivering company, Dunzo has been in the news for delaying the salaries of its employees. Admist a major…
Go First has been facing financial difficulties for some time now. Its employees, including crew members have not been paid…
It hasn’t been long since the news of Byju’s considering another round of layoffs amidst financial challenges came out. Now,…
Many pilots of Go First have reportedly started looking out for jobs elsewhere, what with the low-cost airline filing for…
Since the company’s failure to launch its satellite in January, Richard Branson’s satellite launch company, Virgin Orbit has not been…
In a bid to cut costs, Twitter has reportedly not paid up the rent for its global offices and its…
With the country in lockdown for a third time, the British government has offered additional help to the retail, hospitality…
Post July, when Air India had asked its senior officials to draw a list of employees who may be sent…