Ericsson said in July it would accelerate measures to meet a target of doubling its 2016 underlying operating margin of 6 percent and that it aimed to reach an annual cost reduction run rate of at least 10 billion crowns ($1.2 billion) by mid-2018.
Amazon.com has said that it has more than 50,000 job openings across the United States to help fulfill customer orders and earlier this month hosted multiple job fairs to fill them.
"On this happy and auspicious occasion of the Independence Day, I would like to give good news to the unemployed youth. I am happy to announce that besides 27,660 appointments so far we made, measures are being taken to make appointments for another 84,876 jobs shortly," he said.
In the two days since an online petition was put up, it has got support from nearly 1,300 people
"The fact that we are talking of using big data is not just some technical mumbo-jumbo, it is actually creating a cycle of investment and growth for India's small businesses, which will lead to economic growth and jobs," he told reporters at an event organised by CII here.
The job cuts, which comprise roughly ten percent of the group's global workforce, were announced in a first-half results statement.
In a competitive market, challenges are different and a "proper decision" would be taken on what Air India has to do in such a market, Jaitley said in the Lok Sabha.
The figures were provided by Rural Development minister Narendra Singh Tomar during the Question Hour in Rajya Sabha when members expressed concern over various aspects of the scheme including low wages and delay in payments.
Government to increase highways network to 2 lakh kilometers through public and private funding
The application process begins from July 25 and ends on August 12
As on September 30, 2015, barely 0.56 per cent of the candidates got placement. Of all the registered 4,48,52,500 job aspirants, 2,53,900 were placed, Labour Minister Bandaru Dattatreya said in a written reply in the Lok Sabha.
Road ministry holding regular “review meetings” to speed up project completion and ease procedural bottlenecks
Infant attrition occurs when a candidate has more than one offer and takes up a position till he/she gets the best choice.
In terms of sectors, banking/financial services, insurance led long-term growth chart with a 44 per cent year-on-year growth followed by home appliances (34 percent) and consumer goods/ FMCG, food and packaged food industry (33 percent).
The layoffs under the restructuring at the technology giant led by India-born Satya Nadella will mostly affect sales, and as many as 3,000 jobs will be cut, CNBC reported.
Infosys said the first 500 of the 2,000 North Carolina workers will be appointed by the end of two years, with the remainder to be hired in the state by 2021.
A bench of Chief Justice J S Khehar and Justice D Y Chandrachud did not concur with the findings of the Bombay High Court that if a person continues in service for a long period of time and the certificate is found to be fake at a later stage then, he or she may be allowed to continue in the service.
As per the labour department data collated by JM Financial, the ratio of the number of degree-holders (undergraduates and above) to new jobs created has worsened from 9x for the three-year period FY11-13 to 27x for FY14-16.
The Andhra Pradesh IT minister said, "To meet the target, apart from manufacturing of mobile phones and consumer durables, focus will be also on manufacturing of medical devices."
A majority of employees either answer diplomatically or politely refuse to provide any answers. However, at least 10 percent of the respondents said they walked out during such instances.
GST is expected to create significant job opportunities as the businesses will need to hire professionals for dedicated GST management, upgradation and reconciliations.
Around 1300 white-collar employees have been reassigned, transferred, or laid off. 10% of the blue collar workers are also to lose job.
"The normal industry attrition is 15-20 per cent, which is not getting replaced and with automation taking over, more than two lakh jobs are likely to be lost in next two years.
Dattatreya, who holds labour portfolio had on May 31 in Mumbai conceded that the growth of the economy was not translating into more employment.
With the Indian IT industry going through one of its most challenging phases in recent times, there are concerns surrounding the IT job market. But when CNBC-TV18 took a closer look at IT hiring trends in Chennai as part the CNBC-TV18 Jobs Report, CNBC-TV18's Jude Sannith got a pleasant surprise.