Tag: loss
Byju’s to cut 5% of workforce in 6 months
Byju’s, the Indian edtech company has decided to lay off 2,500 employees in the next six months. This is part of an attempt to...
EPFO system hoodwinked by 9 lakh employees
Almost 80,000 companies have been found to have been wrongly availing the benefits of the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), aimed at bringing...
Uber lays off 400 marketing staff owing to slow growth and...
Ride-hailing company, Uber, is reducing its 1200 strong global marketing team by 400, in order to bring down costs and do away with overlapping...
Global warming will cause productivity loss: ILO report
According to an International Labour Organisation (ILO) report, global warming is expected to increase heat stress amongst workers, especially in the agriculture sector. The...