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1 min read
Nissan is slashing 9,000 jobs after a dire financial performance
The company is also cutting production capacity by 20%.
Shubhangi Goel
2 mins read
India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months
India's services sector witnessed a robust performance in October, as the Service PMI index surged …
2 mins read
Asian markets decline amid economic slowdown fears, experts say limited impact on India
Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…
ANI
5 mins read
US economy's fate hangs on jobs report as Fed decides how deep cuts will go
Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…
Dan DeFrancesco
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
2 mins read
Hurun's India under 35s list include first time entrepreneurs, startup founders, PhysicsWallah, Pocket FM founders make the cut
The recently released 2024 Hurun India Under35s list includes sons and daughters of traditionally r…
ANI
1 min read
Alexa, where is my job? Amazon's job cuts hit India too
Amazon has announced to lay off "several hundred employees" from its Alexa division, including in I…
2 mins read
India Cement employees to lose jobs after UltraTech acquisition? Chairman Srinivasan answers
India Cements chairman N Srinivasan assured employees that there is no reason for employees to be c…
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
2 mins read
With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report
After facing substantial job cuts during the COVID-19 pandemic, hotel operators are now actively re…
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
3 mins read
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
2 mins read
2 lakh techies lost jobs in 2023, more to come
The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees -- from …
1 min read
Nokia says it's going to cut up to 14,000 jobs
The layoffs are part of cost-cutting measures to reduce expenses by up to $1.26 billion by 2026, th…
Kai Xiang Teo
1 min read
Over 2,093 tech employees given pink slips every day in 2023 so far
Data from layoff tracker Layoffs.fyi has revealed that 389 tech companies have laid off 1.09 lakh e…
1 min read
Samsung Electronics plans to lay off over 200 Indian employees to reduce costs, details inside
Samsung Electronics is set to lay off over 200 employees in India, impacting various departments su…
2 mins read
Only 40% of India's IT, Comp Sc, math graduates employable in tech sector says TSSC
India currently faces a shortage of 2.41 million skilled workers in the telecom sector in the 5G er…
2 mins read
Amazon begins new round of job cuts, lays off over 18,000 people
Amazon has started notifying its employees affected by its new round of layoffs, as a part of its p…
5 mins read
After 9 rejections, she landed her dream job as a Singapore Airlines flight attendant. Six years later, she quit to open a hawker stall.
Cherry Tan, 29, says her parents weren't happy about her career change. "Even until today, they ask…
Erin Liam
2 mins read
Disney plans to cut 7,000 jobs and reward shareholders
Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in t…