News for 'job cuts'

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.

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.'

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.'

Modi-Musk Talk: Will Starlink Get Go Ahead?

Modi-Musk Talk: Will Starlink Get Go Ahead?

Rediff.com19 Apr 2025

Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.

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

Jaiswal Silences The Doubters

Jaiswal Silences The Doubters

Rediff.com6 Apr 2025

His knock -- 67 off 45 balls with 3 fours and 5 sixes -- was a cocktail of composure and controlled aggression. It was also his 10th IPL half-century, a milestone that arrived just when the spotlight had begun to shift off him.

Fortune to publish fewer issues, may cut jobs

Fortune to publish fewer issues, may cut jobs

Rediff.com23 Oct 2009

Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.

Champions Trophy: NZ down Bangladesh, book semis spot

Champions Trophy: NZ down Bangladesh, book semis spot

Rediff.com24 Feb 2025

The result meant that defending champions Pakistan joined Bangladesh in being knocked out of the tournament after losing their opening two matches against New Zealand and India.

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.

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

Woolworths to cut 450 jobs amid buyer hunt: Report

Woolworths to cut 450 jobs amid buyer hunt: Report

Rediff.com6 Dec 2008

"About 450 head office and support staff are being made redundant by Woolworths as the turmoil surrounding the stricken retail chain's future continues," the Guardian website said. Deloitte, which has been appointed as the administrator for the collapsed retail chain said that the job cuts would be in Woolworths' Central London and Rochdale offices and not in the 815 stores of Entertainment UK, its DVD and CD distribution business, The Times said.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

Citi to cut 50,000 jobs, trim expenses by 20%

Citi to cut 50,000 jobs, trim expenses by 20%

Rediff.com17 Nov 2008

Financial services major Citigroup is planning to slash as many as 50,000 jobs in the next five to six months and also intends to reduce costs by 20 per cent.The number of jobs cuts may rise as high as 50,000 in order to bring the company's workforce to about 300,000 worldwide.

Baby John Review: Stale Vibes

Baby John Review: Stale Vibes

Rediff.com25 Dec 2024

The temptation for larger-than-life superstardom is understandable but Varun Dhawan is still too much of a Baby to be a John, notes Sukanya Verma.

Depleted India have job cut out against Pakistan

Depleted India have job cut out against Pakistan

Rediff.com25 Sep 2009

Injury-hit India are looking to draw inspiration from history when they take on arch-rivals Pakistan in their Champions Trophy opener in Centurion on Saturday.

Trump signs executive order to 'eliminate' Education Dept

Trump signs executive order to 'eliminate' Education Dept

Rediff.com21 Mar 2025

Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.

Why I Rejected An Offer From Google

Why I Rejected An Offer From Google

Rediff.com10 Mar 2025

The journey of life will always come with its temptations; it is the ability to stick to your goal that will eventually lead you to success. A fascinating excerpt from Manish Vij's must-read book, Brick by Brick.

'BJP's Survival Depends On Muslims'

'BJP's Survival Depends On Muslims'

Rediff.com8 Apr 2025

'The irony of this country is that the party in Opposition and the party in power both depend on Muslims.'

Print media cos rationalise costs, job cuts afoot

Print media cos rationalise costs, job cuts afoot

Rediff.com12 Dec 2008

The move has surprised the print media industry which is reeling under recession with most newspaper publishers having put their expansion plans on hold.

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.

Jaguar stops making popular model, cuts 300 jobs

Jaguar stops making popular model, cuts 300 jobs

Rediff.com16 Jul 2009

Jaguar X-TYPE, an 8-yr-old range, constituted nearly a fourth of annual production till now.

Spike in crude oil price, FII outflows spook markets

Spike in crude oil price, FII outflows spook markets

Rediff.com13 Jan 2025

From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.

PIX: Barcelona whip Dortmund; PSG tame Aston Villa

PIX: Barcelona whip Dortmund; PSG tame Aston Villa

Rediff.com10 Apr 2025

A summary of Wednesday's Champions League first leg quarter-finals between Barcelona and Dortmund and Real Madrid, and Paris St Germain and Aston Villa.

'If there's one team that can beat India, it's New Zealand'

'If there's one team that can beat India, it's New Zealand'

Rediff.com8 Mar 2025

Former India head coach Ravi Shastri has picked India as the favourites in Sunday's Champions Trophy summit clash against New Zealand, but hastened to add that the advantage will be miniscule, given that the Black Caps are a formidable side.

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

2 knives, drugs: How Meerut woman, lover planned husband's murder

2 knives, drugs: How Meerut woman, lover planned husband's murder

Rediff.com20 Mar 2025

"The initial plan was to dispose of the body parts in a secluded location, but the duo eventually decided to keep it inside a large blue drum, filling it with cement and sand," said SP Singh.

'Finally, I Have Come To Understand Salman Khan'

'Finally, I Have Come To Understand Salman Khan'

Rediff.com20 Jan 2025

The Bigg Boss 18 grand finale saw its host Salman Khan reunite with his Andaz Apna Apna co-star Aamir Khan and recreate one of the many iconic scenes.

Which jobs will go at Cognizant?

Which jobs will go at Cognizant?

Rediff.com7 May 2019

This time, not only would the job cuts be higher, but they would be even more broad-based, encompassing various levels of employees.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

Is It Wise To Get A Harvard MBA?

Is It Wise To Get A Harvard MBA?

Rediff.com17 Feb 2025

Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

Modi pushes for open source AI framework at global summit

Modi pushes for open source AI framework at global summit

Rediff.com12 Feb 2025

Prime Minister Narendra Modi advocated for a global framework for artificial intelligence (AI) based on open source, emphasizing the need for trust, transparency, and the elimination of biases. Co-chairing the AI Action Summit with French President Emmanuel Macron, Modi highlighted the transformative potential of AI across various domains, including politics, economics, security, and society. He stressed the importance of democratizing technology, addressing concerns about cyber security and disinformation, and developing quality data sets free from biases. Modi also acknowledged the need for open-source AI ecosystems to foster trust and transparency, while emphasizing the importance of localized technology for effectiveness and usefulness. Recognizing the potential of AI to improve health, education, and agriculture, Modi proposed pooling resources and talent to leverage the technology for sustainable development goals. Addressing concerns about job displacement, he emphasized that while the nature of work may evolve, technology creates new opportunities. Modi highlighted India's leadership in AI adoption and data privacy solutions, emphasizing the nation's readiness to share its expertise and contribute to an AI future that benefits all.

Why The Speaker's Job Is Important

Why The Speaker's Job Is Important

Rediff.com26 Jun 2024

The Speaker is the final authority to take a call on cases of defection. Although this may not be an immediate concern now, but its occurrence in the future cannot be ruled out considering the volatile nature of politics, points out Rup Narayan Das.

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.

China tones down 'ready for war with US' rhetoric

China tones down 'ready for war with US' rhetoric

Rediff.com6 Mar 2025

China has toned down its rhetoric on fighting a trade or any other type of war with the US, saying that no such wars should be fought because they cannot be won. Foreign Ministry spokesman Lin Jian responded to US Secretary of Defence Pete Hegseth's remarks that his country doesn't seek a war with China, but will rebuild the military and prepare for war. However, on Tuesday, Lin had said that China is ready to fight till the end if the US wants a trade war or any other type of war. Hegseth said on Wednesday that the US is not actively seeking conflict with China, but is rebuilding its military and establishing deterrence.

History In Minutes: The Communist Manifesto

History In Minutes: The Communist Manifesto

Rediff.com21 Feb 2025

On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.

The Scotsman Who Knows India Better Than Many Of Us

The Scotsman Who Knows India Better Than Many Of Us

Rediff.com18 Apr 2025

Bill Aitken came to India nearly 60 years ago. He never returned. An Indian citizen since 1972, he tells Rediff.com's Archana Masih how India changed his life forever.

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.

'America is back': White House website changes

'America is back': White House website changes

Rediff.com21 Jan 2025

The White House website had a new look with the bold banner headline 'America is back' seconds after Trump was sworn in as the 47th President of the United States on Monday.

'Murderers Are The Most Reliable People'

'Murderers Are The Most Reliable People'

Rediff.com19 Feb 2025

'It would be difficult for us to run jails if it wasn't for murderers.'