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  • Coronavirus impact | Denmark's Copenhagen Airports to lay off 650 staff Aug 05, 2020 01:50 PM IST

    Coronavirus impact | Denmark's Copenhagen Airports to lay off 650 staff

    "CPH is contemplating cutting 650 full-time positions from the company's current approximate total of 2,600," it said and added discussions with union representatives would be held in the coming weeks to decide on the expected redundancies.

  • Dutch KLM group to cut 4,500-5,000 jobs due to COVID-19 pandemic Jul 31, 2020 02:41 PM IST

    Dutch KLM group to cut 4,500-5,000 jobs due to COVID-19 pandemic

    KLM said it does not expect demand to fully recover before 2023 or 2024 and said further staff reductions are possible “given the high level of uncertainty."

  • 1.4 million in the US seek jobless aid as coronavirus keeps forcing layoffs Jul 30, 2020 07:35 PM IST

    1.4 million in the US seek jobless aid as coronavirus keeps forcing layoffs

    The continuing wave of job cuts is occurring against the backdrop of a spike in virus cases that has led many states to halt plans to reopen businesses and has caused millions of consumers to delay any return to travelling, shopping and other normal economic activity.

  • Swiggy to lay off 350 employees due to COVID-19 pandemic Jul 27, 2020 10:10 PM IST

    Swiggy to lay off 350 employees due to COVID-19 pandemic

    Swiggy in May had laid off 1,100 employees across grades and functions in cities and head office as part of its exercise to realign resources to create capacity in higher potential areas with the optimism of the business attaining pre-COVID levels in the near-term.

  • IndiGo layoffs: Airline to let go 10% workforce, says CEO Ronojoy Dutta Jul 20, 2020 06:19 PM IST

    IndiGo layoffs: Airline to let go 10% workforce, says CEO Ronojoy Dutta

    This COVID-19 pandemic has forced us to re-evaluate our best laid plans, IndiGo Airlines CEO Ronojoy Dutta said.

  • Coronavirus impact: US employers laid-off 7.7 million workers in April Jun 09, 2020 09:00 PM IST

    Coronavirus impact: US employers laid-off 7.7 million workers in April

    Hiring did rebound in May as 2.5 million jobs were added on net, the government said in a separate report on Friday. But those gains appeared to reflect temporarily laid-off employees returning to work and increases in people with part-time jobs, rather than an economy at full throttle.

  • Renault poised to announce 15,000 lay offs worldwide May 29, 2020 07:36 AM IST

    Renault poised to announce 15,000 lay offs worldwide

    Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

  • Coronavirus pandemic | Swiggy lays off 1,100 employees; scales down cloud kitchen business May 18, 2020 12:30 PM IST

    Coronavirus pandemic | Swiggy lays off 1,100 employees; scales down cloud kitchen business

    The layoffs come two days after rival Zomato let go of around 500 people.

  • Zomato to lay off 13% workforce, up to 50% salary cuts for rest May 15, 2020 03:36 PM IST

    Zomato to lay off 13% workforce, up to 50% salary cuts for rest

    COVID-19 and the lockdown have hit the business severely and there is a need to redefine business strategy, CEO Deepinder Goyal has said.

  • DLF cuts staff strength by 30% after outsourcing activities Jul 18, 2013 08:39 PM IST

    DLF cuts staff strength by 30% after outsourcing activities

    Realty major DLF cut its employee strength by 1100 or 30 percent in 2012-13 after outsourcing its construction and facility management activities.

  • SIAM demands labour reforms to allow lay-offs in slowdown Jul 11, 2011 06:57 PM IST

    SIAM demands labour reforms to allow lay-offs in slowdown

    Within a month of the crippling strike at Maruti Suzuki's Manesar plant, Society of Indian Automobile Manufacturers today favoured reforms in India's labour laws to allow lay-offs of employees during a slowdown, but with adequate unemployment benefits.

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