Tag: Economic Slowdown
900 laid off at Xiaomi amidst revenue drop
Xiaomi, the Chinese smartphone manufacturer, has laid off about 900 people, affecting about three per cent of its over-32,000-strong workforce. The reason is the...
Ban on layoffs in Argentina to end in December
Due to the economic slowdown resulting from the pandemic-induced mobility restrictions and lockdowns, the Government of Argentina had brought into effect two measures —...
Few things employees should do during an economic slowdown
Thousands of jobs have disappeared in a flash as employees are being laid off in auto, textile and now even in the FMCG sector....