Tag: Job Loss

122 mn Indians, 17 mn women lost jobs in 2020

A total of 122 million people in India lost their jobs in 2020. Out of these, at least 17 million were women, who lost...

Over 5 lakh jobless Keralites have returned from the Gulf

Over eight lakh non-resident Keralities have returned to their home state from the Gulf, amidst the ongoing pandemic. Alarmingly, over five lakh of them...

General Motors to shut Talegaon plant, render 1,800 jobless

The last functioning factory of General Motors in India will close its shutters on December 24, as relations between India and China continue to...

Adidas may sell Reebok, thousands of jobs at risk

A decision is yet to be taken regarding whether to sell Reebok or not, but Adidas is reportedly considering it. The subsidiary, which was...

Germany’s anti-COVID restrictions may lead to job loss of about 2,50,000

In Germany, with the latest round of lockdown being clamped from December 16 to January 10, about 2,50,000 jobs are at risk. Considering that...

White-collar professionals worst impacted, 6 mn rendered jobless

Centre for Monitoring Indian Economy has revealed that about six million white-collar professionals have been rendered jobless in India due to the pandemic. Last year,...

UK’s furlough scheme to end, 7 lakh jobs at risk

Around 700,000 people may be rendered jobless in the UK, as the Government’s furlough programme is about to end in October. As per the...

SWADES, ASEEM initiatives to benefit Indian workers who have returned home

The Government of India’s Skilled Workers Arrival Database for Employment Support (SWADES) initiative is conducting a skill mapping of the Indian workers who have...

Slow improvement in labour participation, unemployment rate as industries resume work...

According to a weekly report by the Centre for Monitoring Indian Economy (CMIE), things are slowly starting to improve. In the week ending May...

3,700 full-time jobs to be slashed at Uber

With the pandemic and related restrictions imposed by nations across the world, the demand for app-based rides fell drastically over the last couple of...

Ryanair to lay off 3,000, sees no hope of business improving...

Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...

Swiggy feels the heat, employees to be laid off

Organisations, new-age startups in particular, have tasted the impact of the coronavirus outbreak, and the lockdown that followed. Most are now seriously finding ways...

15 million jobs under threat in exports sector: FIEO

Post the coronavirus outbreak, the country’s export sector has been under threat, with many factories set to face huge losses. Not only are orders...

7 lakh jobs lost to pandemic in the US, in March...

In the month of March, about seven lakh jobs were lost in the US, owing to the coronavirus outbreak. As per the US Labour...

Can the retail industry weather this storm and avoid job loss?

Like many other sectors and industries, the retail industry is facing a tough time due to the lockdown and coronavirus scare. There are over 15 lakh...

India may lose up to 136 million jobs to the COVID-19...

According to the Confederation of Indian Industry (CII), over 50 per cent of the tourism and hospitality industry may be rendered sick with about...

Niti Aayog chief warns of job loss, calls for direct benefit...

India is facing one of its darkest hours and is caught between the need to contain Covid-19 and stop businesses from closing down. Amitabh Kant,...

COVID-19 pandemic may cost 25 million jobs worldwide

According to a report by the International Labour Organisation (ILO), almost 25 million jobs may be lost, globally, owing to the coronavirus pandemic. However,...

Real estate sector expected to witness heavy job loss

Over half a million direct jobs are expected to be lost in the real estate space in the near future, according to the National...

Dumping of Chinese goods affecting Indian manufacturers and causing job loss

A Parliamentary panel has insisted on trade remedial measures to protect domestic industry.

Now withdraw 75% of PF just after a month of quitting

This move will offer financial security to employees who may have lost their jobs.

Maharashtra plastic ban might take away 3 lakh jobs

According to industry officials, the ban may cause a loss of Rs 15000 crore.

Facilitation, a leadership tool that cannot be used enough!

My consulting and coaching work allows me to look closely at the talent organisations and how they harness their potential. Most organisations have a...

Ten key skills required in an age of digital transformation

As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...

Companies in the US seek vaccination details of staff

Ahead of implementing ‘return to office’, many organisations are updating their employee records with the vaccination status of the staff. Equal Employment Opportunity Commission...

Latest

Companies in the US seek vaccination details of staff

Ahead of implementing ‘return to office’, many organisations are updating their employee records with the vaccination status of the staff. Equal Employment Opportunity Commission...

Ajay Pareek appointed as Chief Business Officer of Fullerton India

Fullerton India Credit Company Limited (Fullerton India), a leading Non-Banking Financial Company with a strong Pan-India presence, today announced the appointment of Ajay Pareek...

Saraf Furniture to hire 250 from LGBTQ+ community

Saraf Furniture is taking its Diversity & Inclusion (D&I) agenda quite seriously. The online furniture company is all set to take on 250 people...

Indian students offered Rs 90 & 81 lakh p.a. package by Bloomberg London

Bloomberg London has hired two students from Indian Institute of Technology (Indian School of Mines), Dhanbad, offering them an annual package of Rs 90...

DIALOGUE

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...