News for 'Job cuts'

Rajnath announces 10% quota for Agniveers in defence ministry jobs

Rajnath announces 10% quota for Agniveers in defence ministry jobs

Rediff.com18 Jun 2022

Defence Minister Rajnath Singh on Saturday approved a proposal to reserve 10 per cent of the job vacancies in the defence ministry for 'Agniveers' who meet requisite eligibility criteria.

Tata Steel to cut around 1,200 jobs in Europe

Tata Steel to cut around 1,200 jobs in Europe

Rediff.com20 Oct 2015

The UK steel industry is struggling for survival in the face of extremely challenging market conditions.

UBS buy gives Credit Suisse India employees a glimmer of hope

UBS buy gives Credit Suisse India employees a glimmer of hope

Rediff.com28 Mar 2023

UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.

10 Tips to CRACK A Job Interview

10 Tips to CRACK A Job Interview

Rediff.com5 Jul 2021

To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.

Harshal Patel Overtakes Bumrah

Harshal Patel Overtakes Bumrah

Rediff.com16 May 2024

Harshal finished with 2/28, taking his wicket tally to 22 in 13 games and overtake Jasprit Bumrah for the most wickets in IPL 2024. The pacer is way ahead of everyone when it comes to bowling in the end overs, with 16 wickets between the 16th and 20th overs -- the most by any bowler this season so far with Bumrah a distant second on 11 wickets in the death overs.

Sharpest-ever fund cut for rural job scheme

Sharpest-ever fund cut for rural job scheme

Rediff.com11 Nov 2014

Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year.

Amex to cut 5,400 jobs; take $287mn restructuring charge

Amex to cut 5,400 jobs; take $287mn restructuring charge

Rediff.com11 Jan 2013

The charge is likely to lower the company's adjusted fourth quarter net income by 46 per cent from a year earlier.

Auto sector: Excise duty cut to boost growth, create jobs

Auto sector: Excise duty cut to boost growth, create jobs

Rediff.com17 Feb 2014

Prices of automobiles, including cars, sports utility vehicles and two-wheelers, are set to come down with Finance Minister P Chidambaram announcing a reduction in excise duty in the Interim Budget.

Kohli has never been to NCA: Rohit lauds star batter's work ethic

Kohli has never been to NCA: Rohit lauds star batter's work ethic

Rediff.com28 Jan 2024

Virat Kohli has hardly ever set foot at the Bengaluru-based National Cricket Academy for any fitness-related rehabilitation work, said Indian skipper Rohit Sharma, who wants aspiring cricketers to follow the ace batter's exemplary work-ethic.

UBS to cut 10,000 jobs worldwide; India to have impact

UBS to cut 10,000 jobs worldwide; India to have impact

Rediff.com30 Oct 2012

The drastic cost-saving drive unveiled by the bank would trim its workforce by nearly 16 per cent from the current strength of 64,000 people.

When Karan Johar Yelled, 'Are You Mad?'

When Karan Johar Yelled, 'Are You Mad?'

Rediff.com18 Jul 2024

'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'

If Modi Wants A Full Term...

If Modi Wants A Full Term...

Rediff.com17 Jun 2024

It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.

World Bank cuts India's growth forecast to 6.3% in 2023

World Bank cuts India's growth forecast to 6.3% in 2023

Rediff.com6 Jun 2023

Growth in India is expected to slow to 6.3 per cent in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. The World Bank made these points in its latest edition of Global Economic Prospects according to which global growth is projected to decelerate from 3.1 per cent in 2022 to 2.1 per cent in 2023. In Emerging Markets and Developing Economies (EMDEs) other than China, growth is set to slow to 2.9 per cent this year from 4.1 per cent last year. These forecasts reflect broad-based downgrades.

Why Langer refused big bonus from CA

Why Langer refused big bonus from CA

Rediff.com2 Feb 2022

Also, Justin Langer's chances of getting a fresh contract will depend on Cricket Australia's meeting where the top bosses are expected to take a call.

'Asian Games is a cash-burning project'

'Asian Games is a cash-burning project'

Rediff.com21 Sep 2023

With economic problems and job cuts, Hangzhou locals and people in other parts of China are not very pleased about hosting the Asian Games.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

Sony to cut 8,000 jobs; to save $1.1 bn

Sony to cut 8,000 jobs; to save $1.1 bn

Rediff.com9 Dec 2008

In addition, the company also plans to reduce headcount in its seasonal and temporary workforces, the company said while outlining its plan to improve profitability and enhance operational efficiency in its electronics businesses. Under the corporate restructuring measures, Sony is planning to reduce investment in the electronics business by about 30 per cent in the fiscal 2010, compared to its mid-term plan.

'Small finance banks need to build all product ranges'

'Small finance banks need to build all product ranges'

Rediff.com15 Mar 2024

'You cannot have only one product or one market or one customer segment.'

Britain plans to cut 80,000 civil service jobs

Britain plans to cut 80,000 civil service jobs

Rediff.com17 Feb 2004

A leaked report by Sir Peter Gershon outlined plans to transform the civil service into a small, streamlined administrative core which delegates most of its powers to super agencies at regional or national level.

Carrefour to cut staff; exit plan may be in the works

Carrefour to cut staff; exit plan may be in the works

Rediff.com3 May 2014

The company's search for a partner in India seems to be grounded once again

Job-seekers: 'Get hands on experience!'

Job-seekers: 'Get hands on experience!'

Rediff.com29 Dec 2020

'Young talent should not run after procuring certificates, but try and get hands on experience which will help them to be job ready.' 'Learning for the sake of learning does not make sense when it comes to securing a job.'

IBM to cut up to 13,000 jobs to slash cost

IBM to cut up to 13,000 jobs to slash cost

Rediff.com6 May 2005

International Business Machines said it plans to cut up to 13,000 jobs, or 4 per cent of its work force, as part of a cost-cutting move targeting Europe, where IBM's management structure has remained the same for the last 60 years.

Maamla Legal Hai Review: A Gem!

Maamla Legal Hai Review: A Gem!

Rediff.com6 Mar 2024

Another season of these legal antics would be welcome, applauds Deepa Gahlot.

Bank of America to cut up to 35,000 jobs

Bank of America to cut up to 35,000 jobs

Rediff.com12 Dec 2008

Earlier, in September the Federal Reserve had given a formal approval to the Bank of America for acquiring troubled financial services firm Merrill Lynch. The US banking giant further said, "The reductions are designed to eliminate redundancies created as a result of the merger with Merrill Lynch and to reflect the current recessionary environment."

How India Inc is trying to save jobs

How India Inc is trying to save jobs

Rediff.com21 May 2020

India's biggest firm, Reliance Industries, has decided to cut salaries by 10 per cent in its oil and refining divisions. Several smaller companies like Kajaria Ceramics have followed suit with cuts as high as 40 per cent for those earning more than Rs 50 lakh.

'We Need Thousands Of Gandhis Now'

'We Need Thousands Of Gandhis Now'

Rediff.com2 May 2024

'The world needs Gandhi now more than any other time in history.'

7 recession-proof jobs for 2021

7 recession-proof jobs for 2021

Rediff.com1 Mar 2021

If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.

'Dutch Paints firm Akzo Nobel to cut 3,500 jobs'

'Dutch Paints firm Akzo Nobel to cut 3,500 jobs'

Rediff.com30 Sep 2008

Akzo, which acquired ICI, the maker of Dulux paints, for eight billion pounds in January, said that the company had to take such action to save about 80 million pound, The Times reported. The company employs 43,000 people in more than 80 countries, including 4,500 in Britain in its coatings and paint divisions, the report said.

Twitter sacks India staff; marketing and sales, engineering teams let go

Twitter sacks India staff; marketing and sales, engineering teams let go

Rediff.com4 Nov 2022

Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform's new owner Elon Musk to attain economies of scale and make the USD 44 billion acquisition viable.

2nd Test tantalisingly poised as NZ bowlers rock Aus

2nd Test tantalisingly poised as NZ bowlers rock Aus

Rediff.com10 Mar 2024

The Australians still managed to score at a fair pace and will resume on Monday on 77-4 with Mitch Marsh, who was 27 not out, and Travis Head, unbeaten on 17, looking to cut deeper into their 279-run victory target.

The Zone of Interest Review: Potent Yet Distant

The Zone of Interest Review: Potent Yet Distant

Rediff.com2 Mar 2024

The Zone Of Interest is technically flawless but lacks emotional pull, observes Mayur Sanap.

Corporate India cut wages amid soaring profits

Corporate India cut wages amid soaring profits

Rediff.com7 Jan 2021

The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown. If this is true, then it is worth wondering what kind of opportunism was this? Was it to make a quick buck or was it to use a crisis to engineer a structural change that was necessary, asks Mahesh Vyas.

'It's A Prison-Like Situation In Kashmir'

'It's A Prison-Like Situation In Kashmir'

Rediff.com21 May 2024

'If you post on social media on an issue like power cuts in Tral, the police will come to your home and tell you to remove your social media post.' 'If you don't, then the local police threaten you that they will book you under PSA.' 'This is happening all the time in Kashmir.'

Nokia to cut 3,500 jobs worldwide

Nokia to cut 3,500 jobs worldwide

Rediff.com29 Sep 2011

Battling tough business conditions, Nokia's latest move would be in addition to restructuring plans unveiled in April that would affect as many as 7,000 jobs globally.

In Mahua vs Amrita Roy battle, don't forget the CPM

In Mahua vs Amrita Roy battle, don't forget the CPM

Rediff.com13 May 2024

The curious onlookers that greet the candidates are, however, unaware about the importance of history. They are just there to catch a glimpse of 'Rani Ma' Amrita Roy or Mahua Moitra.

PICS: CSK down RR to keep play-off hopes alive

PICS: CSK down RR to keep play-off hopes alive

Rediff.com12 May 2024

Images from the IPL match between Chennai Super Kings and Rajasthan Royals in Chennai on Sunday.

IPL PIX: Stoinis slams century as LSG clinch record win!

IPL PIX: Stoinis slams century as LSG clinch record win!

Rediff.com24 Apr 2024

IMAGES from the IPL 2024 match between Chennai Super Kings and Lucknow Super Giants at the MA Chidambaram Stadium on Tuesday.

DMK promises 75% jobs for locals in TN, take steps to ban NEET

DMK promises 75% jobs for locals in TN, take steps to ban NEET

Rediff.com13 Mar 2021

Financial assistance of Rs 25,000 to one lakh persons going on pilgrimage to major Hindu temples, increase in maternity leave period and assistance, cut in fuel prices and steps to ban National Eligibility cum Entrance Test (NEET) were the various promises made by the Dravidian party.

GT Vs PBKS: Who Batted Best? VOTE!

GT Vs PBKS: Who Batted Best? VOTE!

Rediff.com22 Apr 2024

Rahul Tewatia's entertaining cameo of 36 from 18 balls was the turning point for the Gujarat Titans.

Gulf jobs shrink for Indian workers, a blow to remittances

Gulf jobs shrink for Indian workers, a blow to remittances

Rediff.com22 May 2016

Despite difficult working conditions, Indians are still seeking jobs in Gulf countries