Job cuts announced by US employers fell for the fourth consecutive month in May to over 1,10,000, recording a 16 per cent dip from layoffs announced in April, but the decline could be shortlived as downsizing may pick up pace after the summer months, a report has said.
A round-up of Wednesday's action in the UEFA Champions League.
Leader of Opposition Mallikarjun Kharge and some other members sought that the bill be referred to a standing committee for scrutiny.
A round-up of Sunday's action in the Premier League.
The company, which has been in the news recently for all the wrong reasons, maintains that it was forced to rationalise the staff strength as improvements in technology resulted in certain redundancies in customer, merchant and delivery partner support teams.
In India, Accenture said it continues to hire, and as part of its ongoing compensation programs, it also recently recognised a number of its people with bonuses and promotions.
News of all that's transpired on and off the football field.
Images from Day 6 at the French Open, at Roland Garros, in Paris, on Friday.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
The BCCI had on Monday announced that Indian women's cricket team will play a Test after more than six years in a one-off match against England.
Companies in India are expected to dole out an average increment of 7.3 per cent to employees this year amid faster-than-expected economic recovery and revival in business and consumer confidence, according to a survey. The first phase of the 2021 Workforce and Increment Trends Survey by Deloitte Touche Tohmatsu India LLP (DTTILLP) also said the average increment this year will be higher than 4.4 per cent seen in 2020 but lower than 8.6 per cent given by companies in 2019. As many as 92 per cent companies that participated in the survey plan to give an increment in 2021 compared to only 60 per cent last year.
With no spectators allowed on the course it was a solemn scene as golfers and their caddies, heads bowed, stood silently on greens, tees, fairways and the practice range.
Dealers say the significant increase in sales was driven by a need to plug the diminishing inventory as most dealerships were transitioning from BS-IV to BS-VI when the Covid-19 lockdown was announced.
Atletico Madrid have taken the decision to cut the wages of their staff, including the players, to ease the financial burden on the club as they struggle with the economic impact of the coronavirus pandemic, the La Liga club said
Walt Disney has laid off about 250 employees and replaced them with Indians holding H1-B visas.
The airline has closed reservation for flights to Silchar, Imphal, Aizawl, Jorhat in northeastern states from mid-February. Reservation has also been closed for flights to Madurai, Visakhapatnam, Raipur, Muscat and Sharjah.
Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.
Serena Williams shook off some COVID-19 layoff rust to grind out a 7-6(6), 3-6, 7-6(0) win over Dutch qualifier Arantxa Rus on Monday to move into the third round of the Western and Southern Open.
The Auto Component Manufacturers Association of India on Wednesday sought reduction in GST rate to a uniform level of 18 per cent for the entire automobile industry to stimulate demand and help save around 10 lakh jobs, which are at risk due to prolonged slowdown in vehicle sales.
Ebay will cut around 2,400 jobs this quarter in a bid to improve business efficiencies.
'It will be a competitive market more than ever due to the layoffs that have happened.'
'IPL is something that I have enjoyed a lot and I would like to make a comeback very strong and I'm just looking forward to it.'
The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.
Harris slammed President Donald Trump and pledged to 'rejoin' the Paris agreement on Climate Change and 'strengthen and re-enter' the Iran nuclear deal. "Joe Biden and our administration is gonna have a massive job to repair the damage done by Donald Trump and his administration, and to restore our place in the world," she said.
'See to it that you have adequate skills that will make you so indispensable that they cannot fire you.'
The report, however, said that the increase in layoffs should not be seen as a sign of 'recession relapse'.
The US magazine Forbes is planning to layoff several staff from the editorial and business sides, as a cost-cutting measures in response to decreasing advertising revenue.
Woods said amputation "was on the table" during the three-week hospital recovery in California.
Though leading brands like Samsung, Apple, Xiaomi, OnePlus, and Oppo managed to absorb the initial lockdown shock and resumed their local production back to 60 per cent, they would likely suffer a 20-25 per cent loss of sales in the October-December quarter.
Virat Kohli spoke about the options at his disposal as India geared up for the mega event, to be held in Australia later this year.
Walt Disney staff were reportedly replaced with Indians holding H-1B.
Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.
Mumbai Indians will play a majority of its matches on the slow tracks of Abu Dhabi (8) and adapting to that challenge would be the key to its fortunes.
PSG will need to rely on their attack against the team they knocked out in the semi-finals last season.
'The revenue is going to go down significantly, 50% they are banking on at the moment and that's an optimistic position, I believe. The players will take a whack.'
The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.
Kishore Singh draws up a list of terms he never wants to hear or read again.
Some Silicon Valley execs forecast a turnaround as early as second quarter 2009.
Amid tough economic conditions, layoffs, salary cuts and decrease in benefits, most of the Americans seem happy at workplace, just not as happy as they use to be, a latest survey has found.
Recruitment-related HR executives are being moved to other HR functions like training and development and other day-to-day HR functions, or being taken on contract. If things worsen, there could also be layoffs. Companies like Wipro, Infosys, TCS and iGate, too, have a mix of contractual employees in their HR team.
