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Maintaining your credit health during unemployment can help you avoid long-term financial setbacks.
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Financial strategies: Layoffs leave many financially strained. Financial experts advise building emergency funds, cutting expenses, managing debt, and prioritising essential expenses to navigate uncertain times effectively
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Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector. About 54% of jobs across banking have a high potential to be automated, Citi said at the time.
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Sanctions on Russia, a global demand slowdown and competition from lab-grown diamonds are some of the hits the Rs 1.6-lakh-crore Surat diamond industry took. It is pinning hopes on the festival to reignite demand
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Getting laid off is devastating. But do not panic. You need to chalk out a plan on how to pay your bills and EMIs and manage your finances until you get a new job.
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GST Council's increased 28% tax levy on real-money gaming sector has resulted in reduced margins for skill gaming companies.
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From 2022 to date, approximately 95 startups have laid off nearly 31,965 employees, according to Moneycontrol's layoff tracker, as they aim to reduce expenses and prioritise profitability.
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When looking for work, you can protect your employability by negotiating certain clauses including a longer notice period and a golden handshake.
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The MahaRERA order said the forfeiture clause in the booking application form/allotment letter was “unreasonable”, and not in consonance with recent MahaRERA order.
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Job losses are tough to deal with as your regular income stops. But some smart moves can help you sail through. Whatever you do, do not stop your EMIs. And don’t touch your EPF and PPF.
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The job cuts affect 6 percent of its workforce, and follows thousands of layoffs at tech giants including Amazon.com Inc, Microsoft Corp and Meta Platforms Inc who are downsizing after a pandemic-led hiring spree left them flabby in a weak economy
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As firings become a wildfire in tech industry, here’s a look at companies that have implemented job cuts and issues impacting Big Tech
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Amazon India is the latest in the list of technology majors and start-ups in India resorting to mass lay-offs to keep a tight lid on costs. An emergency fund and health insurance cover are a must to tide over such crises.
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Kolkata: Moutushi Basu was sacked during the coronavirus pandemic. She now drives people around in Kolkata to support her family,
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Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely, according to new data from the Centre for Monitoring Indian Economy Pvt, a private research firm in Mumbai.
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Zomato agent Salil Tripathi was out for a delivery when he was hit by a police constable allegedly driving under influence. He is survived by his wife and son.
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Salil Tripathi was the only earning member in his family. On Saturday, while out on his job, he was hit by a cop allegedly driving under influence in Delhi.
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Automation will lead to a loss of low-end jobs, but India's IT industry will remain a net hirer
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The reasons so many jobs remain unfilled are matters of vigorous and often partisan debate. Some people, including those in the Biden administration, say lingering health concerns and child care duties are holding workers back. Some conservatives argue that the extra unemployment benefits approved by Congress have lowered people’s appetite to find a job.
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The non-contractual employees at the RMD headquarters in Kolkata would be shifted to Rourkela and Bokaro, the sources said, adding, the axe could fall on the contractual workers.
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After two successive waves of the widespread COVID-19 pandemic and the resultant hit to incomes and jobs, domestic demand has tumbled as households scale back spending. FICCI has argued in favour of specific income support to rural India as well as urban poor, income tax reductions for the middle class, and temporary reductions in indirect taxes.
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Moneycontrol's Keerthana Tiwari and M Saraswathy talk about the tools for job searching, and where to look for employment during Unlock 1.0.
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Worries about job losses are the highest in the country as 86 percent being worried about losing their jobs and livelihood post-COVID-19 lockdowns.
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Seeking a financial package from the government for the industry, Mehta said interventions like wage subsidies must be taken up, otherwise there would be huge job losses.
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Moneycontrol's Sakshi Batra takes us through the latest developments in aviation. She also tells us how critical a government bailout is to prevent the industry from going belly up?
