Tag: Job Loss

Trade union fears LIC’s IPO will cause job losses

With the Government set to sell its stake in Life Insurance Corporation (LIC), the trade unions fear that the initial public offering (IPO) could...

Bank staff fear job loss from privatisation, prepare to strike

With news of the Central Bank of India, Indian Overseas Bank and Bank of Maharasthra reportedly being considered for privatisation, bank staff across the...

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.

How personalised & curated digital learning is the recipe for successful...

Personalised and curated digital learning can help create time-efficient, relevant and targeted corporate training programmes. In an evolving business landscape, learning and development (L&D) and...

Make mental health a part of your return-to-work plan

While people typically tend to resent change, the past year and a half has been fraught with changes and challenges, which were unavoidable. We...

Competing with Self

Job seekers can stay in Germany for 6 months to hunt...

The job-seeker visa for the Country is a long-term residency permit, which allows applicants six months to hunt for a job, and grants them...

Latest

Lionsgate India promotes Shreya Channa to VP-people office, South Asia & South East Asia

Lionsgate India, the global content company, has elevated Shreya Channa who is only a year old in the Company, to the position of vice...

‘Invest 10% of salary in MF’: SEBI to junior staff of asset management companies

Securities and Exchange Board of India (SEBI) has issued a new circular, which states that junior employees of asset management companies will have to...

MediaTek to hire across India, scale up R&D

In a bid to strengthen its position as a leading global chipset provider, Media Tek, the global fabless semiconductor company is preparing to hire...

Job seekers can stay in Germany for 6 months to hunt for employment

The job-seeker visa for the Country is a long-term residency permit, which allows applicants six months to hunt for a job, and grants them...

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...