It Jobs Slowdown
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"Today's Your Last Working Day": Oracle Layoffs Revive A Fear Bengaluru's Flats Knew
IT incomes have historically driven housing demand across Bengaluru, Hyderabad, Pune and NCR. A prolonged hiring slowdown or continued layoffs could weaken absorption and add pressure on existing inventory.
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Noida-Based Techie Becomes Rapido Rider To Pay EMIs After Losing His Job
The Instagram user explained that the monthly EMI burden remains the same, and without a job, it's becoming increasingly difficult to survive.
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Nearly 6 Percent of Contract Workers Lost Jobs in India's IT Sector in Past Year, Says Recruitment Body
Nearly six percent of outsourced contract workers lost jobs in India's information technology sector in the January-March period compared to the previous quarter following the impact of the global slowdown and Russia-Ukraine war, a recruitment body said.
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PayPal Will Lay Off 2,000 Employees to Cut Costs Amid Ongoing Economic Slowdown
PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.
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Crypto Lending Firm Celsius Lays Off 25 Percent Staff Amid Tumbling Market Situation: Reports
Celsius Network, a US-based crypto lending platform, has reportedly fired 25 percent of its work force. The company is trying to sustain its operations amid the ongoing crypto slowdown. As of now, Celsius has neither accepted nor declined reports around its staff lay-off move.
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Democracy Passing Through "Most Difficult Phase": Sonia Gandhi
Congress chief Sonia Gandhi ripped into the government on Sunday over the recently passed farm laws, the handling of the coronavirus outbreak, the economic slowdown and the alleged atrocities against Scheduled Castes, claiming democracy in the country is passing through its "most difficult phase".
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Bosch to Cut Thousands of Jobs in India as Auto Sales Slump
Bosch Ltd., the Indian unit of the world's largest auto-parts supplier, plans to join its parent, Robert Bosch GmbH in cutting jobs as the South Asian nation witnesses one of its worst auto sales slowdowns in decades.
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Mahindra Extends Plant Shutdown By Three Days
Automakers in India have reduced their inventory level to 21 days on an average as compared to an average of 90 days prior to the slowdown phase.
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Auto Crisis Leads Maruti Suzuki To Have Two 'No Production' Days In September 2019
Maruti Suzuki will shut production of passenger vehicles on 7th and 9th September, 2019 at its Gurugram and Manesar plants. Both days will be observed as 'no production' days by the company.
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Bosch's Indian Unit Begins Restructuring As Auto Sector Slowdown Bites
India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening slowdown in the country's automotive industry, as the German car parts supplier posted a drop in June-quarter profit.
-
"Today's Your Last Working Day": Oracle Layoffs Revive A Fear Bengaluru's Flats Knew
IT incomes have historically driven housing demand across Bengaluru, Hyderabad, Pune and NCR. A prolonged hiring slowdown or continued layoffs could weaken absorption and add pressure on existing inventory.
-
Noida-Based Techie Becomes Rapido Rider To Pay EMIs After Losing His Job
The Instagram user explained that the monthly EMI burden remains the same, and without a job, it's becoming increasingly difficult to survive.
-
Nearly 6 Percent of Contract Workers Lost Jobs in India's IT Sector in Past Year, Says Recruitment Body
Nearly six percent of outsourced contract workers lost jobs in India's information technology sector in the January-March period compared to the previous quarter following the impact of the global slowdown and Russia-Ukraine war, a recruitment body said.
-
PayPal Will Lay Off 2,000 Employees to Cut Costs Amid Ongoing Economic Slowdown
PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.
-
Crypto Lending Firm Celsius Lays Off 25 Percent Staff Amid Tumbling Market Situation: Reports
Celsius Network, a US-based crypto lending platform, has reportedly fired 25 percent of its work force. The company is trying to sustain its operations amid the ongoing crypto slowdown. As of now, Celsius has neither accepted nor declined reports around its staff lay-off move.
-
Democracy Passing Through "Most Difficult Phase": Sonia Gandhi
Congress chief Sonia Gandhi ripped into the government on Sunday over the recently passed farm laws, the handling of the coronavirus outbreak, the economic slowdown and the alleged atrocities against Scheduled Castes, claiming democracy in the country is passing through its "most difficult phase".
-
Bosch to Cut Thousands of Jobs in India as Auto Sales Slump
Bosch Ltd., the Indian unit of the world's largest auto-parts supplier, plans to join its parent, Robert Bosch GmbH in cutting jobs as the South Asian nation witnesses one of its worst auto sales slowdowns in decades.
-
Mahindra Extends Plant Shutdown By Three Days
Automakers in India have reduced their inventory level to 21 days on an average as compared to an average of 90 days prior to the slowdown phase.
-
Auto Crisis Leads Maruti Suzuki To Have Two 'No Production' Days In September 2019
Maruti Suzuki will shut production of passenger vehicles on 7th and 9th September, 2019 at its Gurugram and Manesar plants. Both days will be observed as 'no production' days by the company.
-
Bosch's Indian Unit Begins Restructuring As Auto Sector Slowdown Bites
India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening slowdown in the country's automotive industry, as the German car parts supplier posted a drop in June-quarter profit.
