COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever
Business | Reuters | Friday August 28, 2020
Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.
Accenture To Cut 5% Of Global Workforce: Sources
Business | Reported by Sakshi Bajaj | Wednesday August 26, 2020
The company has about 2 lakh employees in India.
LinkedIn Cuts 960 Jobs As Pandemic Puts Brakes On Corporate Hiring
Business | Reuters | Tuesday July 21, 2020
Jobs will be cut across sales and hiring divisions of the group globally
Hiring Jumped 33% In June Compared To May, Says Survey
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday July 9, 2020
However on a year-on-year basis, hiring in June is down 44 per cent
Unemployment Rate Eases To Pre-Lockdown Level In Week To June 21: Think-Tank
Business | Reported by Himanshu Shekhar Mishra, Edited by Peter Noronha | Tuesday June 23, 2020
Earlier, the rate had spiked to 27.1 per cent in the week ended May 3, compared to 8.75 per cent in March.
COVID-19 Crisis: Rs 65,454-Crore Assistance Given To Over 42 Crore People Under Garib Kalyan Package
Business | Edited by Sandeep Singh (with inputs from agencies) | Sunday June 21, 2020
The government said over 42 crore people have so far received financial assistance of Rs 65,454 crore under the Garib Kalyan Package.
Airbus Extends Furloughs For 5,300 Employees To Tackle COVID-19 Fallout
Business | Reuters | Sunday June 21, 2020
In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on Aug. 9, the statement said.
2.1 Crore Join Workforce In May, But Market Still Far From Normal: Think-Tank CMIE
Business | Reported by Himanshu Shekhar Mishra, Edited by Sandeep Singh | Tuesday June 2, 2020
Labour market conditions improved in May as a number of people returned to work, despite the unemployment rate remaining "very high" at 23.5 per cent, think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. A total 2.1 crore jobs were added in May, and the labour participation rate improved significantly, CMIE said in a statement re...
India's Joblessness Rate At 23.48% In May: Think-Tank CMIE
Business | Reuters | Monday June 1, 2020
The country has reported 190,535 coronavirus cases, with 5,394 deaths.
Cash In Hand To Migrant Workers Not Ruled Out: Government Sources
Business | Reported by Sunil Prabhu, Edited by Abhishek Vasudev | Friday May 29, 2020
Government has not ruled out cash transfer to the poor or migrant workers and said it will look at giving cash handouts as the situation evolves.
"One Bad Choice Over Another": OYO's 26-Year-Old Boss To NDTV
Business | Reported by Sreenivasan Jain, Edited by Sandeep Singh (with inputs from agencies) | Friday May 29, 2020
The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt.
Uber India Lays Off 600 People, A Quarter Of Its Workforce
Business | Reported by Sakshi Bajaj, edited by Sandeep Singh (with inputs from agencies) | Tuesday May 26, 2020
The company said the impacted positions are in its driver and rider support operations as well as other functions.
Ola To Lay Off 1,400 Staff, CEO Says Pandemic Hit Revenues
Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday May 20, 2020
Cab aggregator Ola said on Wednesday that it will lay off 1,400 staff - which is about 35 per cent of its workforce - in a one-time exercise, due to the uncertainty caused by the coronavirus pandemic. COVID-19 has led to a drop of 95 per cent in Ola's revenues in two months, co-founder and CEO Bhavish Aggarwal said in a note to employees that was p...
After Zomato, Swiggy Announces 1,100 Layoffs
Business | Edited by Sandeep Singh (with inputs from Reuters) | Monday May 18, 2020
The layoffs at Swiggy come as the country entered the fourth phase of a nationwide lockdown to curb the spread of the coronavirus (COVID-19) pandemic.
Zomato To Let Go Of 13% Of Staff, Pay Cuts Of Up To 50% For Rest
Business | Edited by Sandeep Singh | Friday May 15, 2020
He said that starting June, a proposal was made for pay cuts applicable to the entire organisation.
COVID-19 Crisis: United Airlines Announces Its Biggest Pilot Job Cut Ever
Business | Reuters | Friday August 28, 2020
Chicago-based United is more exposed than its peers to international travel, which is expected to take longer to rebound from the pandemic.
Accenture To Cut 5% Of Global Workforce: Sources
Business | Reported by Sakshi Bajaj | Wednesday August 26, 2020
The company has about 2 lakh employees in India.
LinkedIn Cuts 960 Jobs As Pandemic Puts Brakes On Corporate Hiring
Business | Reuters | Tuesday July 21, 2020
Jobs will be cut across sales and hiring divisions of the group globally
Hiring Jumped 33% In June Compared To May, Says Survey
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday July 9, 2020
However on a year-on-year basis, hiring in June is down 44 per cent
Unemployment Rate Eases To Pre-Lockdown Level In Week To June 21: Think-Tank
Business | Reported by Himanshu Shekhar Mishra, Edited by Peter Noronha | Tuesday June 23, 2020
Earlier, the rate had spiked to 27.1 per cent in the week ended May 3, compared to 8.75 per cent in March.
COVID-19 Crisis: Rs 65,454-Crore Assistance Given To Over 42 Crore People Under Garib Kalyan Package
Business | Edited by Sandeep Singh (with inputs from agencies) | Sunday June 21, 2020
The government said over 42 crore people have so far received financial assistance of Rs 65,454 crore under the Garib Kalyan Package.
Airbus Extends Furloughs For 5,300 Employees To Tackle COVID-19 Fallout
Business | Reuters | Sunday June 21, 2020
In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on Aug. 9, the statement said.
2.1 Crore Join Workforce In May, But Market Still Far From Normal: Think-Tank CMIE
Business | Reported by Himanshu Shekhar Mishra, Edited by Sandeep Singh | Tuesday June 2, 2020
Labour market conditions improved in May as a number of people returned to work, despite the unemployment rate remaining "very high" at 23.5 per cent, think-tank Centre for Monitoring Indian Economy (CMIE) said on Tuesday. A total 2.1 crore jobs were added in May, and the labour participation rate improved significantly, CMIE said in a statement re...
India's Joblessness Rate At 23.48% In May: Think-Tank CMIE
Business | Reuters | Monday June 1, 2020
The country has reported 190,535 coronavirus cases, with 5,394 deaths.
Cash In Hand To Migrant Workers Not Ruled Out: Government Sources
Business | Reported by Sunil Prabhu, Edited by Abhishek Vasudev | Friday May 29, 2020
Government has not ruled out cash transfer to the poor or migrant workers and said it will look at giving cash handouts as the situation evolves.
"One Bad Choice Over Another": OYO's 26-Year-Old Boss To NDTV
Business | Reported by Sreenivasan Jain, Edited by Sandeep Singh (with inputs from agencies) | Friday May 29, 2020
The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt.
Uber India Lays Off 600 People, A Quarter Of Its Workforce
Business | Reported by Sakshi Bajaj, edited by Sandeep Singh (with inputs from agencies) | Tuesday May 26, 2020
The company said the impacted positions are in its driver and rider support operations as well as other functions.
Ola To Lay Off 1,400 Staff, CEO Says Pandemic Hit Revenues
Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday May 20, 2020
Cab aggregator Ola said on Wednesday that it will lay off 1,400 staff - which is about 35 per cent of its workforce - in a one-time exercise, due to the uncertainty caused by the coronavirus pandemic. COVID-19 has led to a drop of 95 per cent in Ola's revenues in two months, co-founder and CEO Bhavish Aggarwal said in a note to employees that was p...
After Zomato, Swiggy Announces 1,100 Layoffs
Business | Edited by Sandeep Singh (with inputs from Reuters) | Monday May 18, 2020
The layoffs at Swiggy come as the country entered the fourth phase of a nationwide lockdown to curb the spread of the coronavirus (COVID-19) pandemic.
Zomato To Let Go Of 13% Of Staff, Pay Cuts Of Up To 50% For Rest
Business | Edited by Sandeep Singh | Friday May 15, 2020
He said that starting June, a proposal was made for pay cuts applicable to the entire organisation.
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