Tag: joblessness

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...

Employment drops in Australia, but rises in Canada in April

In Australia, companies cut jobs in April, a month after the Australian government’s wage subsidy came to an end. However, unemployment rate also dipped...

Fresh layoffs in Canada, unemployment spikes

With restrictions imposed yet again following the second wave of the pandemic, Canada is again experiencing job losses. In January itself, the country lost...

Railways to employ migrant workers through MGNREGA

With thousands of migrant labourers returning to their villages and struggling to survive without jobs, the Indian Railways has decided to employ them under...

Mining sector faces unemployment

It is reported that 329 mining leases will become invalid by end of March, 2020. As a result, about 2,64,000 workers will be left...

Indian textile sector goes through slump

It is not the automobile sector alone that has been witnessing a slump. The textile sector in India is also facing a similar crisis....

Increase in retirement age to 64 is unalterable: French Labour Minister 

On February 1, 2023, the French Labour Minister, Oliver Dussopt, declared that the increase in retirement age to 64 is unalterable. This statement came...

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mCaffeine ropes in Neetha Thomas as head – people function

Neetha Thomas is head – people function, mCaffeine. Before joining the Indian caffeinated personal care brand, Thomas was vice president – human capital &...

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

Edtech unicorn, Physics Wallah, to expand team by 2500

Physics Wallah, the unicorn edtech firm is hiring at a time when other edtech firms are downsizing significantly. The Company intends to expand its...

How ChatGPT can benefit HR

People are raving about the AI chat bot, ChatGPT. Its interactive features and in-depth responses have taken the internet by storm. While the bot...

DIALOGUE

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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...