News for 'Job cuts'

When A Junior Co-Worker Earns More Money Than You...

When A Junior Co-Worker Earns More Money Than You...

Rediff.com28 Apr 2025

rediffGURU Shekhar Kumar, senior manager, talent acquisition, at the Shri Venkateshwara University in Gajraula, Uttar Pradesh, offers career advice on how to optimise your skills, build your network and make the most of your workplace.

UBS to cut 200 jobs in US brokerage unit

UBS to cut 200 jobs in US brokerage unit

Rediff.com26 Mar 2010

Attributing to people familiar with the development, The Wall Street Journal reported that UBS AG's brokerage unit in the US is laying off nearly 200 employees, including about 25 managing directors.

18 Hour Power Cuts In VIP Kashmir Seat

18 Hour Power Cuts In VIP Kashmir Seat

Rediff.com7 May 2024

'I have faced 18 hours of darkness daily all my life.'

Facebook parent Meta to slash 11,000 jobs to cut expenses, transform its business model

Facebook parent Meta to slash 11,000 jobs to cut expenses, transform its business model

Rediff.com9 Nov 2022

Facebook parent Meta announced on Wednesday to slash around 11,000 jobs as a part of mass layoffs to cut expenses and transform its business model. As the tech industry is slashing jobs, Meta too announced layoffs. "We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1," said Meta CEO Mark Zuckerberg in a statement on Wednesday.

PIX: The Wait Is Over.. RCB Are IPL Champions!

PIX: The Wait Is Over.. RCB Are IPL Champions!

Rediff.com4 Jun 2025

Royal Challengers Bengaluru and Virat Kohli washed away 18 years of hurt and disappointment, conquering Punjab Kings by six runs to lift their maiden Indian Premier League title.

Please Advise How To Manage Finances

Please Advise How To Manage Finances

Rediff.com3 Jun 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Paranoid India Inc wants early conclusion of trade pact with US

Paranoid India Inc wants early conclusion of trade pact with US

Rediff.com26 Mar 2025

The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.

She has lost right to live: Meerut murder accused parents

She has lost right to live: Meerut murder accused parents

Rediff.com20 Mar 2025

Her father even called for death penalty for Muskan Rastogi and her lover Sahil who allegedly stabbed Saurabh Rajput to death, cut up his body and sealed the remains in a drum filled with cement.

Partying With Ajay Devgn On A Boat!

Partying With Ajay Devgn On A Boat!

Rediff.com23 Apr 2025

Ajay Devgn and Honey Singh are in the mood for Money Money, and Rediff's Mayur Sanap, Hitesh Harisinghani and Afsar Dayatar capture the drama.

IPL PIX: Santner, SKY power MI into play-offs

IPL PIX: Santner, SKY power MI into play-offs

Rediff.com22 May 2025

Suryakumar Yadav's doughty 73 not out proved to be the difference as Mumbai Indians sealed the fourth and final play-off berth with a 59-run trouncing of Delhi Capitals.

Pahalgam happened because terrorists feel Muslims...: Vadra

Pahalgam happened because terrorists feel Muslims...: Vadra

Rediff.com23 Apr 2025

Congress leader Sonia Gandhi's son-in-law Robert Vadra has triggered a row with his comments suggesting that non-Muslims were attacked in Pahalgam because terrorists feel Muslims are being "mistreated" in the country. The BJP has accused him of using the language of terrorists and demanded an apology. Vadra condemned the Pahalgam terrorist attack but suggested that communal issues and a feeling of vulnerability among minorities are contributing to the violence. He said it is time to separate politics and religion and called for introspection by political parties. Vadra's remarks have been met with strong condemnation from the BJP, which accused him of playing politics on the issue and demanded a clarification from the Congress party. The BJP has also criticized Vadra for justifying the actions of terrorists.

Bank of New York Mellon to cut 1,800 jobs

Bank of New York Mellon to cut 1,800 jobs

Rediff.com21 Nov 2008

Among the plans for headcount reductions in recent times, banking behemoth Citigroup's decision to slash over 52,000 jobs is reportedly one of the largest layoffs in history. The Bank of New York Mellon is the latest to join the league of American companies which have announced massive job cuts in the wake of the ongoing financial turmoil.

MI see this CSK mystery spinner as a massive challenge

MI see this CSK mystery spinner as a massive challenge

Rediff.com19 Apr 2025

'You've got to be quite smart against him. If he gets on a roll, he's pretty tough to stop. As we've seen, he has bowled extremely well'

Golden Opportunity For Modi To Reverse Brain Drain

Golden Opportunity For Modi To Reverse Brain Drain

Rediff.com17 Apr 2025

President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).

India, US decide to hold sector-specific talks for proposed trade pact

India, US decide to hold sector-specific talks for proposed trade pact

Rediff.com29 Mar 2025

India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. The engagement between the two countries came in the backdrop of the USA's threat to impose reciprocal tariffs on its key trading partners, including India, on April 2.

HSBC to cut 500 jobs, Credit Suisse to lay off 650

HSBC to cut 500 jobs, Credit Suisse to lay off 650

Rediff.com2 Dec 2008

According to the Financial Times, Credit Suisse will be trimming its workforce by 10 per cent leading to job loss for 650 employees, while HSBC said it was slashing 500 jobs. Credit Suisse has been impacted by the loan writedowns, which has led to two quarters of losses for Switzerland's second-largest bank this year, the report said.

Big Shoes to Fill! Who'll Take Kohli's Legacy Forward?

Big Shoes to Fill! Who'll Take Kohli's Legacy Forward?

Rediff.com12 May 2025

Kohli follows Rohit into retirement: Can Next Gen stars emulate India's batting luminaries?

Need to filter out Cong leaders who work for BJP: Rahul

Need to filter out Cong leaders who work for BJP: Rahul

Rediff.com8 Mar 2025

He said Gujarat wants to move forward but is unable to see the way ahead, and the Congress is unable to show it the way.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Intel to cut 10,500 jobs, India plans intact

Intel to cut 10,500 jobs, India plans intact

Rediff.com6 Sep 2006

The move to cut more than a tenth of its workforce is aimed at streamlining its operations in the wake of tough competition in the computer chip market.

How EPS, Stalin Keep Allies In Check

How EPS, Stalin Keep Allies In Check

Rediff.com6 Jun 2025

EPS' acceptance of Amit Shah's proposal for an electoral alliance with the BJP is being interpreted to mean how the AIADMK has signed up the NDA national leader as a junior partner. Not many have appreciated EPS for this strategic move that has now forced the BJP to play second fiddle to the AIADMK. This has meant that the BJP has buried its ambitions of capturing power in Tamil Nadu now, and is willing to wait until after the 2029 Lok Sabha polls, observes N Sathiya Moorthy.

'In Rs 40L Debt Trap. How Do I Repay?'

'In Rs 40L Debt Trap. How Do I Repay?'

Rediff.com26 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

'Fancy our chances against India'

'Fancy our chances against India'

Rediff.com19 Feb 2025

Shanto said they are "not thinking of Bumrah or any other individual."

Why is Shubman Gill congratulating Shreyeas Iyer?

Why is Shubman Gill congratulating Shreyeas Iyer?

Rediff.com13 Feb 2025

India's fielding coach T Dilip has praised the team's "incredible" fielding efforts during their 3-0 ODI series sweep against England.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Short-Duration Funds: Should You Invest?

Short-Duration Funds: Should You Invest?

Rediff.com31 Jan 2025

'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'

Cisco to lay off 6,000 people; India may see job cuts

Cisco to lay off 6,000 people; India may see job cuts

Rediff.com14 Aug 2014

Networking solutions giant Cisco will lay off up to 6,000 employees globally, including India, after it reported a marginal decline in profits and revenues for the fourth quarter.

'Trump's Trade War's Main Target Is China'

'Trump's Trade War's Main Target Is China'

Rediff.com21 Apr 2025

'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'

Call them back to office, they'll quit: Musk-Vivek's bold plan

Call them back to office, they'll quit: Musk-Vivek's bold plan

Rediff.com21 Nov 2024

Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.

Study Abroad: 4 SIMPLE TIPS To Save Money

Study Abroad: 4 SIMPLE TIPS To Save Money

Rediff.com16 Jan 2025

Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad

Vedanta Group slashes 4,000 jobs in India

Vedanta Group slashes 4,000 jobs in India

Rediff.com23 Sep 2015

While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs.

IPL PIX: RCB survive CSK scare to win nail-biter

IPL PIX: RCB survive CSK scare to win nail-biter

Rediff.com4 May 2025

IMAGES from the IPL match between Royal Challengers Bengaluru and Chennai Super Kings at the M Chinnaswamy stadium in Bengaluru on Saturday

Amazon plans to lay off 9,000 more workers: CEO

Amazon plans to lay off 9,000 more workers: CEO

Rediff.com20 Mar 2023

The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. "Given the uncertain economy... and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount," Jassy said in a memo to staff.

PIX: Manchester Utd, Tottenham on cusp of Europa final

PIX: Manchester Utd, Tottenham on cusp of Europa final

Rediff.com2 May 2025

Images from the Europa League semi-finals first Leg between Athletic Bilbao and Manchester United, Tottenham Hotspur and Bodo/Glimt.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

PIX: Verstappen wins Japanese GP for 4th straight year

PIX: Verstappen wins Japanese GP for 4th straight year

Rediff.com6 Apr 2025

Verstappen crossed the line in his Red Bull for his 64th Grand Prix victory to a huge ovation from the 115,000 crowd some 1.4 seconds ahead of McLaren's championship leader Lando Norris in second place.

Worried About Losing Your Job?

Worried About Losing Your Job?

Rediff.com20 Dec 2022

The first step to keeping your job safe, experts tell Rediff.com's Divya Nair, is understanding why layoffs happen.

'We have no option but to strike back'

'We have no option but to strike back'

Rediff.com23 Apr 2025

'If they aim to remain aligned with the public sentiment, as any democratic government should, then they must respond. Why else would the prime minister have cut short his visit to Saudi Arabia? And why would he have instructed the home minister himself to travel to Srinagar to assess the situation firsthand? This suggests that something is indeed being planned. I am quite certain of that, although the exact form it will take remains to be seen.'