Search For "job cut"
Alibaba, Tencent look to trim workforce by up to 30 pc
Updated : 3 years, 12 months ago IST
Hong Kong, March 16 (ANI): It is rumoured in the Chinese social media platform Weibo that tech giants Alibaba and Tencent employees are expecting around 30 per cent job cuts.
Read More
COVID-19 pandemic: Britain's iconic Beefeaters facing job cuts
Updated : 5 years, 7 months ago IST
London [UK], July 21 (ANI): Amid the global coronavirus pandemic, Britain's iconic Beefeaters, who guard the millennium-old Tower of London, are facing job cuts.
Read More
American Airlines warns 25,000 employees of possible job cuts amid pandemi
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 16 (Sputnik/ ANI) - American Airlines has warned about 25,000 its frontline employees about possible job cuts this fall due to a slowdown in air travel demand amid the COVID-19 pandemic, CNBC reported, citing the company's note to the staff.
Read More
Fewer hours, less pay and more anxiety greet Americans returning to work a
Updated : 5 years, 9 months ago IST
Washington D.C. [USA], June 9 (ANI): Shorter duration of work hours, increased pay cuts and more responsibilities have become the new normal at workplaces for millions of Americans who returned to work amid the worst economic crisis in a generation owing to the coronavirus outbreak.
Read More
After Ola, Uber lays off 600 employees in India as lockdown paralyses oper
Updated : 5 years, 9 months ago IST
New Delhi [India], May 26 (ANI): Ride hailing company Uber India said on Tuesday it is laying off around 600 full-time employees as the coronavirus pandemic and subsequent lockdown paralyse operations across the country.
Read More
40 pc travel and tourism companies face shutdown in 3 to 6 months: BOTT Tr
Updated : 5 years, 9 months ago IST
New Delhi [India], May 25 (ANI): The Covid-19 pandemic has created havoc for the travel and tourism sector with as many as 40 per cent of companies facing the risk of a complete shutdown in the next three to six months while another 35.7 per cent may go for a temporary shutdown, according to
Read More
American companies lay off thousands of workers while continuing to reward
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], May 6 (ANI): At a time when the coronavirus pandemic has squeezed them, multi-national companies in America are laying off workers while paying cash dividends to their shareholders. Thus making the workers bear the brunt of the sacrifices while the shareholders continu
Read More
Business activities significantly hit due to lockdown; recovery may take m
Updated : 5 years, 10 months ago IST
New Delhi [India], May 3 (ANI): The lockdown imposed to prevent the spread of COVID-19 has had an impact on economy and industries in the country due to which the majority of the firms are anticipating a significant decline in their top line, and foresee a delay in economic revival and deman
Read More
Covid-19 fallout: British Airways to cut 12,000 jobs amid grounded air tra
Updated : 5 years, 10 months ago IST
London [UK], April 29 (ANI): British Airways may be forced to cut more than a quarter of its workforce as the coronavirus pandemic takes its toll on one of Europe's biggest airlines.
Read More
States should press Centre for opening liqour sale: CIABC
Updated : 5 years, 10 months ago IST
New Delhi [India], Apr 23 (ANI): Pointing out that states have already lost around Rs 20,000 crore in revenues during the lockdown period so far, the Confederation of Indian Alcoholic Beverage Companies (CIABC) on Thursday urged state governments to impress upon the Centre the urgent need to
Read More
Two million jobs at risk in Indian aviation sector due to COVID-19, says I
Updated : 5 years, 11 months ago IST
New Delhi [India], April 16 (ANI): The aviation industry is posing a bleak picture in India as lakhs of people stare at job cuts due to COVID-19. As per fresh data released by the International Air Transport Association (IATA), around 20 lakh aviation professionals' jobs are at risk in India
Read More
Railway Ministry issues clarification on job cuts report
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): The Railway Ministry on Wednesday clarified that the letters sent to the officials of Railways are to conduct a routine performance review of the employees.
Read More