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The outbreak of COVID- has brought upon a standstill situation globally, affecting the lives acros...
Olanbsphas announced the plan to conduct a mass lay-off, affecting around , of its employees T...
The IT firm Hexaware Technologies has been served a legal notice for firing employees, not allowing ...
Bengaluru-based, Udaan, B2B commerce online startup has laid off several employees working on a contract basis as the company’s non-essential business has been shut due to the nationwide lockdown in the wake of the COVID-19 situation. Udaan is an online marketplace that facilitates buying and selling fashion products, groceries, and electronics among manufacturers, brands, and […]
Online food delivery app Swiggy to cut about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. The COVID-19 outbreak, which has severely hit the travel, hospitality, and aviation sectors the […]
India’s unemployment rate could have climbed to more than 20% as the economy lost jobs after a nationwide lockdown took effect in the last week of March, according to a survey by the CMIE Center for Monitoring Indian Economy Pvt. Ltd. The jobless rate was 23.4% for the week ended April 5 based on a sample size […]
GoAir has terminated contracts of expat pilots amid curtailed operations due to the coronavirus pandemic. According to a report published in Economic Times, GoAir on Wednesday said it has terminated contracts of expat pilots amid curtailed operations due to the coronavirus pandemic. Citing an “unprecedented” decline in air travel, the budget carrier, on Tuesday, announced […]
Tata Steel Europe is planning to cut 1,250 jobs as it faces “challenging circumstances” and “needs to urgently improve profitability”, Chief Executive Officer Henrik Adam said. “Our financial situation is serious and there’s an urgent priority to improve the performance of the business and our cash position,” Adams said in the memo. Besides the job […]
