Layoffs are affecting not just the tech and manufacturing space but all sectors including performing arts. The Kerala Kalamandalam, a…
Browsing: financial crisis
Airbus, the European aerospace company may let go up to 2,500 employees from its defence and space unit if media…
Dunzo, the online delivery app, has had to trim its workforce by 75 per cent in order to cut costs,…
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.…
The Jammu and Kashmir and Ladakh High Court has ruled that the death of an employee during service does not…
Except for the Bengaluru headquarters, situated in Knowledge Park, Byju’s has shut down all its offices across India. It has…
The salaries for about 3.5 lakh government employees in Kerala have been delayed due to a financial crisis. The chief…
While the employees of Byju’s have received their January salaries before the promised date, they have also been apprised of…
As per media reports, Byju’s has reportedly delayed submitting the deducted taxes or failed to make necessary filings with the…
Shenzhen Royole Technology, once a pioneer in foldable phone technology, is now a ghost town of shattered promises. For nearly…
Dunzo, with backing from Reliance Retail and Google, has unveiled plans to address its financial obligations to former employees over…
Looks like Go First will find it tough to hold back its employees, most of whom are considering quitting. Why?…
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…
The global finance crisis in the banking sector has caught up with Credit Suisse too. The Bank was sold to…
Virgin Orbit has paused operations and sent almost its entire staff on unpaid furlough. A part of Richard Branson’s Virgin…
Peter Bhatia will step down as editor and vice president of the Detroit Free Press in light of upcoming layoffs.…
On 21 June, the Kerala High Court ordered that the salaries of the employees of the Kerala State Road Transport…
There has been a trend for companies, be it small organisations or big, to lay off people in the name…
Hospitality company, OYO, has decided to restore the full salaries of its employees in India and South Asia. While those…
Hyderabad-based airline, Trujet, has decided to cut 50 per cent of its employees’ salaries. The decision has been conveyed to…
South African Airways (SAA) is planning to decrease its wage bill by cutting jobs as soon as possible. The state-owned…
Over half a million direct jobs are expected to be lost in the real estate space in the near future,…
Thousands of jobs have disappeared in a flash as employees are being laid off in auto, textile and now even…
Both Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL), who have been undergoing a financial crisis, have been unable…