News for 'job cuts'

Kerala man forced to fight in Ukraine, wife seeks help

Kerala man forced to fight in Ukraine, wife seeks help

Rediff.com10 Dec 2024

Binil T B, an electrician from Thrissur, left for Russia seven months ago, hoping to secure a better job and higher wages while his wife was expecting their first child.

'We Have Begged For Justice'

'We Have Begged For Justice'

Rediff.com12 Mar 2025

'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'

'Daddy' Tan returns: Can he lead Sat-Chi to gold?

'Daddy' Tan returns: Can he lead Sat-Chi to gold?

Rediff.com17 Jan 2025

Tan Kim Her's voice was tinged with emotion as he reflected on the journey of Satwiksairaj Rankireddy and Chirag Shetty, the two men he paired and who fondly call him "Daddy".

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Can Ranji Match IPL's Star Power?

Can Ranji Match IPL's Star Power?

Rediff.com1 Feb 2025

'The IPL provides a different ladder in terms of recognition.' 'If you do well, you will obviously get noticed and it enhances your selection into white-ball formats.'

When A PM Miraculously Escaped Air Crash

When A PM Miraculously Escaped Air Crash

Rediff.com17 Feb 2025

Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.

7 Stunning Sequences From Raj Kapoor Films

7 Stunning Sequences From Raj Kapoor Films

Rediff.com20 Dec 2024

Within his short lifespan of 63 years, Raj Kapoor left behind an incredible cinematic legacy. Dinesh Raheja continues celebrating Raj Kapoor's birth centenary by looking at seven sequences from his films that have defined Hindi cinema.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

Byju's fails to pay BCCI; faces bankruptcy proceedings

Byju's fails to pay BCCI; faces bankruptcy proceedings

Rediff.com16 Jul 2024

Edtech company Byju's, which was once India's most valuable start-up worth an estimated $22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI. The Bengaluru bench of the National Company Law Tribunal (NCLT) on Tuesday allowed bankruptcy proceedings against the firm and appointed an interim resolution professional, suspending the company's board of directors and freezing its assets.

Jobs to vanish from India's gold sector

Jobs to vanish from India's gold sector

Rediff.com1 Nov 2013

Gold is the second-biggest item on India's import bill after oil and, facing a record trade deficit and a plunging currency this year, the government imposed stringent rules with the aim of curbing demand for the metal.

'Shyam Had The Answer To Every 'Why' Under The Sun'

'Shyam Had The Answer To Every 'Why' Under The Sun'

Rediff.com8 Jan 2025

'I find his sense of history astounding, not just history of film, but of life in general.' Another fascinating excerpt from Sangeeta Datta's book Shyam Benegal.

SpiceJet plans to lay off 1,000 people

SpiceJet plans to lay off 1,000 people

Rediff.com12 Feb 2024

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.

Job gloom envelops corporate India

Job gloom envelops corporate India

Rediff.com20 Aug 2013

A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.

'RBI has a tough balancing act to do'

'RBI has a tough balancing act to do'

Rediff.com1 Jan 2025

'Inflation is not good for industry. Nor for the economy as a whole.'

Coca-Cola to cut jobs in India

Coca-Cola to cut jobs in India

Rediff.com14 Jan 2015

Beverages giant Coca-Cola will cut jobs in India as part of its "redesigning operating model" globally to accelerate business growth across markets.

A 1971 War Hero Flies Into The Ages

A 1971 War Hero Flies Into The Ages

Rediff.com27 Jan 2025

Wing Commander Pratap Marathe's story is one of dedication, bravery, and humour, a shining example of the spirit of the Indian Air Force. Air Commodore Nitin Sathe (retd) salutes Wing Commander Marathe who passed into the ages last week.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Investors become poorer by Rs 5.49 lakh cr

Investors become poorer by Rs 5.49 lakh cr

Rediff.com6 Sep 2024

Investors' wealth plummeted by Rs 5.49 lakh crore on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93. During the day, it plunged 1,219.23 points or 1.48 per cent to 80,981.93.

How A Prof Got A Role In Paatal Lok 2!

How A Prof Got A Role In Paatal Lok 2!

Rediff.com6 Feb 2025

Dr Theyiesinuo Keditsu, a professor of English Literature with PhD and MPhil degrees, was spotted at a restaurant. The next day she was offered Paatal Lok 2.

Murthy's recipe to save IT jobs: Pay cuts for seniors

Murthy's recipe to save IT jobs: Pay cuts for seniors

Rediff.com1 Jun 2017

Murthy also said this is not for the first time that the industry has faced the layoff problem and hence there should not be any extreme anxiety as the industry had dealt the issue and found solutions then.

Recession: UK cuts jobs for foreigners

Recession: UK cuts jobs for foreigners

Rediff.com30 Apr 2009

The Migration Advisory Committee said 270,000 less posts should be on the 'shortage list' of jobs, which allows employers to bring in foreign workers without trying to fill them with British staff first. In the latest review published on Thursday, construction workers and quantity surveyors were suspended from the list because unemployment among workers in those professions has risen by 500 per cent as a result of the downturn.

'This Roller Coaster Has Taught Me To...'

'This Roller Coaster Has Taught Me To...'

Rediff.com7 Jan 2025

'...just be neutral about everything.' 'I will just take life as it comes.'

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

Restructuring: Shell to cut 5,000 jobs

Restructuring: Shell to cut 5,000 jobs

Rediff.com2 Nov 2009

The 5,000 jobs would be cut from the Anglo-Dutch oil and gas group as part of a restructuring that began earlier this year.

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

DLF to cut prices by 15%; may cut jobs

DLF to cut prices by 15%; may cut jobs

Rediff.com2 Feb 2009

Lack of buyers in the property market has forced country's largest real estate firm DLF to cut prices of its future projects by up to 15 per cent, while the firm hinted that unless the housing market improved, it could resort to "some kind of cutting" of jobs.

Barclays may move hundreds of jobs to India

Barclays may move hundreds of jobs to India

Rediff.com23 Jan 2013

With around 2,000 jobs on the line at its troubled investment banking unit here, Barclays is believed to have dispatched a team to recruit and train new staff in India to replace workers in both London and New York, according to The Independent.

Before Buying Home, Consider This...

Before Buying Home, Consider This...

Rediff.com26 Dec 2024

'Consider your household's financial health and all your other goals.' 'Buying a house might seem like an urgent goal, but it is rarely the only one.'

Job slump? Beware of frauds!

Job slump? Beware of frauds!

Rediff.com14 Jan 2009

The economic slowdown, which caused severe job-cuts across the country, has brought new opportunities for frauds who, masquerading as representatives of IT companies, are luring employment-seekers with promises of good placements in lieu of some 'security amount'.

'Fed rate cut appears unlikely'

'Fed rate cut appears unlikely'

Rediff.com17 Mar 2023

'The Fed rate will peak in the range of 5.1-5.3 per cent during the second quarter of CY23 and will most likely stay there for a while before rate cuts start in CY24.'

Mann claims Channi's kin demanded Rs 2 cr from cricketer for job, ex-CM denies

Mann claims Channi's kin demanded Rs 2 cr from cricketer for job, ex-CM denies

Rediff.com22 May 2023

Mann made the claim while addressing a gathering after laying foundation stones for setting up tehsil complexes at Dirba and Cheema in Sangrur.

How Dr Singh Changed Finance Minister's Role

How Dr Singh Changed Finance Minister's Role

Rediff.com1 Feb 2025

'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

ATP Finals: Fritz fizzles out, Sinner cruises to victory

ATP Finals: Fritz fizzles out, Sinner cruises to victory

Rediff.com13 Nov 2024

Jannik Sinner made it two wins out of two at the ATP Finals as he fought off Taylor Fritz in a high-octane clash inside the Inalpi Arena on Tuesday.

Citi cuts down staff's severance package

Citi cuts down staff's severance package

Rediff.com2 Dec 2008

Besides, the Vikram Pandit-led bank has hinted at further job cuts in the coming days, after already having cut down or announced plans to bring down its workforce to below 3,00,000 employees from more than 3,75,000 at the end of 2007. In an internal mail to all its employees in the US, Citi's human resources head Paul McKinnon said on Monday that it would eliminate some 'supplemental severance payment' for the employees with 10 or more years of service.

American Air cuts 921 attendant jobs

American Air cuts 921 attendant jobs

Rediff.com2 Sep 2009

Of the 921 job reductions, 228 flight attendants would be furloughed, while another 244 would be put on involuntary leave in October and November. An additional 449 attendants have chosen voluntary buyout packages, including overage leaves of absence, resignations with travel benefits and partnership flying.

BBC to cut 2,900 jobs

BBC to cut 2,900 jobs

Rediff.com7 Dec 2004

The British Broadcasting Corporation on Tuesday said it would cut about 2,900 jobs, more than 10 per cent of its workforce, as a part of "transformation" of the world's biggest public broadcaster, aimed at saving 320 million pounds a year.

Byju's sacks 1,000 more; count jumps to 3,500

Byju's sacks 1,000 more; count jumps to 3,500

Rediff.com20 Jun 2023

India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.

WTA Finals: Gauff Stuns World No 1

WTA Finals: Gauff Stuns World No 1

Rediff.com9 Nov 2024

Olympic gold medallist Zheng, making her WTA Finals debut, got off to a great start against the Czech eight seed, with an early break of serve to take a 3-0 lead.