Job Loss Due To Covid-19
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Kerala Seeks Special Package From Centre As 10 Lakh Expats Return After Job Loss
Around 14 lakh expatriates have returned back to Kerala, of which about 10 lakh have cited job loss due to COVID-19, informed Kerala Finance Minister KN Balagopal on Thursday.
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Manufacturing Sector Index Contracts For First Time In 11 Months: Report
The IHS Markit India Manufacturing Purchasing Managers Index (PMI), which is adjusted seasonally, clocked 48.1 in June 2021 against 50.8 in May 2021.
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Covid Cost 4 Times More Jobs Than 2009 Financial Crisis: UN
The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.
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COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
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LinkedIn Cuts 960 Jobs As Pandemic Puts Brakes On Corporate Hiring
Jobs will be cut across sales and hiring divisions of the group globally
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HSBC Revives Plan To Cut 35,000 Jobs After Coronavirus Pause
In March, HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs.
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Auto Component Sector Likely To See Job Cuts If There's Weak Demand: ACMA
The Indian auto component sector is likely to see massive job cuts if the sector continues to face business difficulties because of the reduced demand owing to coronavirus pandemic. According to PTI, the Automotive Component Manufacturers Association of India (ACMA) stated that the sector could witness huge job losses due to lack of demand caused b...
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Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
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Labour Ministry To Collect Data On Job Losses Due To COVID-19 Crisis: Report
The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry
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France Warns Renault Could Disappear; Nissan Plans Job Cuts
Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce ...
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Punjab Stands To Lose Rs 50,000 Crore In Revenue Due To COVID-19: Amarinder Singh
Around 10 lakh jobs have been lost in Punjab and the state is set to lose Rs 50,000 crore this year due to the coronavirus lockdown, Chief Minister Amarinder Singh said on Sunday while hinting at some "tough measures" to ensure revenue generation.
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Indian Car Makers Assure Employees About No Salary Cut Or Job Loss Post Lockdown
The auto manufacturers like Skoda-Volkswagen, Renault and MG Motor India have assured its employees that they will not be facing any sort of pay cut or job loss due to Coronavirus crisis. According to the report from ETAuto, the carmaker gave assurance to the employees that they won't be taking this step even though COVID-19 Pandemic have affected ...
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Several Tech Startups Sack Employees Due to COVID-19 Lockdown Crisis, Experts Says Worst Is Yet to Come
Layoffs and salary cuts have happened in many tech companies like Oyo, Meesho, Vogo, Koovs, Shuttl, TripActions, Holidayme, Hopscotch, Cleartrip, RentoMojo, Fareportal, Capillary, TravelTriangle, Quikr, Droom, UpGrad, Instamojo, Drivezy, GoIbibo, Ninjacart, Curefit, HealthifyMe, and Treebo.
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Donald Trump Urged To Suspend H-1B Visa Program After Job Loss Amid COVID-19 Layoffs
A US body representing American technology workers has urged President Donald Trump to suspend for this year the H-1B visa programme, the most sought-after among the Indian IT professionals, to protect their interests amidst the massive layoffs in the country due to the coronavirus pandemic.
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Hero MotoCorp To Advance Payments During COVID-19 Shutdown; No Loss Of Jobs
Hero MotoCorp will not layoff its employees during the unprecedented plant shutdown across the globe. Earlier today, the world's largest two-wheeeler maker announced that it was closing all of its manufacturing facilities across the world due to the Coronavirus pandemic. Hero has facilities in India, Colombia and Bangladesh as well as a Global Part...
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Kerala Seeks Special Package From Centre As 10 Lakh Expats Return After Job Loss
Around 14 lakh expatriates have returned back to Kerala, of which about 10 lakh have cited job loss due to COVID-19, informed Kerala Finance Minister KN Balagopal on Thursday.
-
Manufacturing Sector Index Contracts For First Time In 11 Months: Report
The IHS Markit India Manufacturing Purchasing Managers Index (PMI), which is adjusted seasonally, clocked 48.1 in June 2021 against 50.8 in May 2021.
-
Covid Cost 4 Times More Jobs Than 2009 Financial Crisis: UN
The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.
-
COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
-
LinkedIn Cuts 960 Jobs As Pandemic Puts Brakes On Corporate Hiring
Jobs will be cut across sales and hiring divisions of the group globally
-
HSBC Revives Plan To Cut 35,000 Jobs After Coronavirus Pause
In March, HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs.
-
Auto Component Sector Likely To See Job Cuts If There's Weak Demand: ACMA
The Indian auto component sector is likely to see massive job cuts if the sector continues to face business difficulties because of the reduced demand owing to coronavirus pandemic. According to PTI, the Automotive Component Manufacturers Association of India (ACMA) stated that the sector could witness huge job losses due to lack of demand caused b...
-
Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
-
Labour Ministry To Collect Data On Job Losses Due To COVID-19 Crisis: Report
The labour ministry will collect data on job losses and salary cuts, as asked by the finance ministry
-
France Warns Renault Could Disappear; Nissan Plans Job Cuts
Europe's car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn't get help soon and a Japanese news report said partner Nissan was considering 20,000 layoffs, with many in Europe. Renault and Nissan have been in a carmaking alliance for the past two decades and are due to announce ...
-
Punjab Stands To Lose Rs 50,000 Crore In Revenue Due To COVID-19: Amarinder Singh
Around 10 lakh jobs have been lost in Punjab and the state is set to lose Rs 50,000 crore this year due to the coronavirus lockdown, Chief Minister Amarinder Singh said on Sunday while hinting at some "tough measures" to ensure revenue generation.
-
Indian Car Makers Assure Employees About No Salary Cut Or Job Loss Post Lockdown
The auto manufacturers like Skoda-Volkswagen, Renault and MG Motor India have assured its employees that they will not be facing any sort of pay cut or job loss due to Coronavirus crisis. According to the report from ETAuto, the carmaker gave assurance to the employees that they won't be taking this step even though COVID-19 Pandemic have affected ...
-
Several Tech Startups Sack Employees Due to COVID-19 Lockdown Crisis, Experts Says Worst Is Yet to Come
Layoffs and salary cuts have happened in many tech companies like Oyo, Meesho, Vogo, Koovs, Shuttl, TripActions, Holidayme, Hopscotch, Cleartrip, RentoMojo, Fareportal, Capillary, TravelTriangle, Quikr, Droom, UpGrad, Instamojo, Drivezy, GoIbibo, Ninjacart, Curefit, HealthifyMe, and Treebo.
-
Donald Trump Urged To Suspend H-1B Visa Program After Job Loss Amid COVID-19 Layoffs
A US body representing American technology workers has urged President Donald Trump to suspend for this year the H-1B visa programme, the most sought-after among the Indian IT professionals, to protect their interests amidst the massive layoffs in the country due to the coronavirus pandemic.
-
Hero MotoCorp To Advance Payments During COVID-19 Shutdown; No Loss Of Jobs
Hero MotoCorp will not layoff its employees during the unprecedented plant shutdown across the globe. Earlier today, the world's largest two-wheeeler maker announced that it was closing all of its manufacturing facilities across the world due to the Coronavirus pandemic. Hero has facilities in India, Colombia and Bangladesh as well as a Global Part...
