Jun 03, 2021 12:07 PM IST
Export orders nosediving to 6-month lows and lack of domestic demand led to the first decline in sales since September 2020 for services companies. As a result, the sector lost jobs for the sixth straight month.
- May 07, 2021 06:12 PM IST
Employers do not want to let go off quality and skilled workers because the cost of training and recruiting is a lengthy and costly process; lockdowns in different parts of the country are of a shorter duration and not as draconian as the national lockdown in 2020, say industry insiders
- Jun 26, 2020 03:41 PM IST
Kumar Ritesh, founder, Cyfirma, told Moneycontrol the number of sacked employees selling information on the dark web has gone up significantly in the past four months, especially from India.
- May 27, 2020 02:48 PM IST
The survey said that of those laid-off, 15 percent were from the airlines and e-commerce industry each and around 14 percent were from the hospitality industry.
- May 26, 2020 09:56 AM IST
Uber's announcement came nearly a week after its India rival, Ola, fired 1,400 staff.
- May 22, 2020 07:27 AM IST
Around 1.5 lakh employees in India's IT industry could lose their jobs over the next few months.
- May 15, 2020 07:39 PM IST
The petition was filed in the wake of termination of employees and pay cuts despite the advisories issued by the Centre and state governments.
- May 13, 2020 05:58 PM IST
Demand for blue collar workers came down by 60 percent since lockdown
- May 08, 2020 03:17 PM IST
Experts estimate that close two lakh IT/ITeS would lose jobs due to COVID-19 impact.
- Jan 22, 2020 06:06 PM IST
HR officials agree that while layoffs are inevitable, the process can be made made more structured.
- Aug 08, 2019 09:28 AM IST
The downtrend has trickled down to the logistics sector as lower vehicle production has drastically hit the utilisation of trucks
- May 18, 2017 12:00 PM IST
At a time when software companies are cutting jobs, India’s second largest software company Infosys will maintain its annual campus hiring at 20,000, as it does every year.
- May 17, 2017 12:07 PM IST
While there is panic over job losses in the industry, the government and IT governing body Nasscom say that the current year is no different than any other.
- Mar 21, 2017 09:00 AM IST
Cognizant looking at sacking more than 6,000 employees this year. Company says standard practice but is this is an impact of automation?
- Feb 24, 2017 02:38 PM IST
The Airtel-Telenor buyout coupled with talks of potential Vodafone-Idea merger and Tata Teleservices with RCom-Airtel-MTS combine raise questions whether a consolidation is the best way for telecom companies in view of Reliance Jio's entry.
- Feb 24, 2017 01:42 PM IST
India is staring at an imminent jobs crisis as three leading service sectors â€” which have been engines of job creation for two decades now â€” get ready to shed jobs by the tens of thousands, each driven by its own dynamic.
- Feb 19, 2017 10:16 AM IST
With the domestic IT industry staring at a shift in nature of work due to increasing use of digital technologies, a leading firm has said a majority of the workforce cannot imbibe the required emerging skill-sets, and warned of high job losses at the middle and senior levels.
- Jan 20, 2016 08:19 PM IST
After steam, mass production and information technology, the so-called "fourth industrial revolution" will bring ever faster cycles of innovation, posing huge challenges to companies, workers, governments and societies alike.
- Sep 16, 2015 04:45 PM IST
The move by Hewlett-Packard, the world's second-largest PC maker and one of the biggest US tech firms, is the latest in the sector based on the belief that tightly focused firms perform better.