Tag: jobless

Global coal industry may render 4 lakh jobless in about 10...

There appears to be worrisome news for workers of Coal India. Globally, the coal industry is set to witness several mine closures as cheaper...

Unemployment rate rises from 8% to 8.30% in Dec. 2022

As per the data from the Centre for Monitoring Indian Economy (CMIE), the unemployment rate in India has risen from 8 per cent to...

Only 3.5% joblessness in the US, 5.28 lakh jobs added in...

While recession has not set in yet, it may not be too far away either feel some experts. At a time when economists were...

Udayy shuts down, renders at least 100 employees jobless

Udayy, the edtech startup that was launched in 2019, had to let go its entire staff and close down for good. That means, about...

Furlough scheme ends, Britain to spend $678mn to help jobless get...

Ever since the pandemic began, Britain’s furlough scheme has helped pay the salaries of about 11.6 million workers. It kept them from feeling the...

Southwest Airlines to fill 4,500 posts, offers attractive referral bonus

Southwest Airlines is keen to hire quality talent for about 4,500 posts, but is struggling to find suitable candidates. It is offering referral bonuses...

Employment growth forecast for 2021 insufficient to help jobless, new jobseekers

While the employment scenario in 2021 and 2022 will witness a rebound, it will not be enough to close the gap in employment brought...

Joblessness up in Japan, demand for jobless aid dips in US

Japan is facing a spike in unemployment rate with lesser jobs being available. From 2.6 per cent in March, the country’s jobless rate went...

16,000 rendered jobless due to closure of Amara Raja units

Violation of environmental norms has led to seven units of Amara Raja Batteries being shut down in the Chittoor district. This has rendered about...

Challenges ahead for jobless Indian expats returning from the Gulf

Data compiled by the Non-Resident Keralites Affairs (NoRKA), reveals that about 8.7 lakh expats have come back to Kerala, between May 2020 and January...

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...

Unemployment benefit: 50% of 3 months’ salary for 4 mn workers

About four million industrial workers will now get 50 per cent of their three months’ average salary as unemployment benefit. The union government has...

800 Emirates pilots laid off in a day

Emirates, the Dubai-based airline, has started another round of layoffs, slashing 800 jobs in a day. The senior pilots with over 12 years of...

20 lakh private bus and tourist taxi operators jobless

The lockdown that crippled the country’s economy has impacted the passenger transport companies as well. About 20 lakh people working directly for operators of...

Maharashtra tries to help its jobless workers, sets up portal

In an attempt to fill the gap created by the migration of workers from the urban areas to their villages, the Skill Development Department...

Uttar Pradesh to create 1.1 million jobs by amending policies in...

With millions of migrant workers roaming around without jobs in Uttar Pradesh, the state government is planning to amend the UP Food Processing Policy...

Singapore experiencing worst recession, highest unemployment rate in over 10 years

Ever since the global financial crisis in 2009, the unemployment rate in Singapore has not been this high. The first quarter saw the rate...

Two lakh will be jobless in tourism sector in eastern India...

With all bookings for the summer being cancelled due to the COVID-19 pandemic, at least two lakh people associated with the tourism sector in...

Mountaineering expeditions in Nepal stopped, 20,000 jobs may be lost

As part of measures to check the spread of coronavirus, Nepal has stopped issuing visas on arrival to tourists, irrespective of the country they...

541 Zomato employees rendered jobless

Barely a month after Zomato, the online restaurant guide and food ordering platform, laid off 60 employees, it has again rendered about 10 per...

Indian handsets sector rendered 250,000 jobless in two years

With several thousands of small phone-retailing shops shutting down, about 15 per cent of the workforce in the handsets segment of India has been...

Over 15000 jobs to be cut at Deutsche Bank

Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...

Samsung to lay off 1,000 employees in India

While on the one hand Samsung claims to have generated 2000 jobs last year, it is now reported that in the face of stiff...

Robots will replace 8.5 per cent of the manufacturing workforce by...

According to a report by Oxford Economics, the economic forecast and quantitative analysis organisation, robots will take over 20 million jobs in the manufacturing...

Amazon to automate thousands of jobs

Amazon has decided to roll out a machine, which will automate the job of boxing up customers’ orders. This machine will render thousands of...

SMEs should be cautious while using AI for L&D

As small and medium enterprises (SMEs) increasingly embrace artificial intelligence (AI) for learning and development initiatives, it becomes imperative to carefully navigate the landscape...

What’re the HR software for small businesses, SMEs and startups?

Human resources (HR) software have come to be indispensable tools for businesses of all sizes, including small businesses, SMEs (small and medium-sized enterprises) and...

PARTNER POSTS

Future of talent acquisition in the age of generative AI

If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...

Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition

Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...

Nio plans more job cuts for more efficiency, cost saving

Nio Inc., a Chinese electric vehicle (EV) manufacturer, is considering additional job cuts following its recent announcement of a 10 per cent workforce reduction...

Latest

Why HR has gained a reputation as the principal’s office

A call from the HR on a fine Saturday morning is enough to instantly make one’s heart beat faster. What could it be? The...

Nio plans more job cuts for more efficiency, cost saving

Nio Inc., a Chinese electric vehicle (EV) manufacturer, is considering additional job cuts following its recent announcement of a 10 per cent workforce reduction...

Coforge allots shares to employees

Coforge, an IT company, has allotted 19,179 equity shares to its employees on 3 December, 2023. This decision from its ESOP Allotment Committee is...

An opportunity for Indian women to be trailer drivers in Europe

A valuable partnership has been forged between NSDC International (NSDCI), Baton Transport, a Euro-pean road transport company and Anywhere Jobs. The collaboration will supply...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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