News for 'job cuts'

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.

Rolls-Royce: 400 workers may lose jobs

Rolls-Royce: 400 workers may lose jobs

Rediff.com23 Jan 2013

According to the Unite union, Rolls-Royce sent an internal memo to its staff to detail its proposals.

Apollo Tyres to slash 1,500 jobs

Apollo Tyres to slash 1,500 jobs

Rediff.com12 Feb 2009

Apollo Tyres on Thursday said it is looking at laying off about 1,500 of its workforce.

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.

Budget: Can Nirmalaji End The Economic Slowdown?

Budget: Can Nirmalaji End The Economic Slowdown?

Rediff.com29 Jan 2025

The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

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.

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.

'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.'

Nike to slash 1,750 jobs

Nike to slash 1,750 jobs

Rediff.com15 May 2009

Sportswear maker Nike Inc will be reducing nearly 1,750 jobs, representing nearly five per cent of its global workforce, as part of its restructuring efforts.

India to continue resilient growth in 2025: S&P

India to continue resilient growth in 2025: S&P

Rediff.com10 Dec 2024

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.

China fears, India will 'steal' its jobs, and dent business

China fears, India will 'steal' its jobs, and dent business

Rediff.com26 Sep 2016

An article in China's Global Times warned Beijing that China needs to worry about the effect of industrial transfer to India on production chain

Logica to move more jobs to India

Logica to move more jobs to India

Rediff.com23 Apr 2008

British IT services firm Logica has decided to cut about 1,300 jobs, including nearly 500 in the UK, and move many of them to India, the Philippines and Morocco.Logica-- an IT and consultancy firm -- already has a significant presence in India and has an overall staff strength of 39,000.

HSBC's cost-cutting may lead to job losses in India

HSBC's cost-cutting may lead to job losses in India

Rediff.com10 Oct 2019

As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

10 Job Skills That Will Rule 2024

10 Job Skills That Will Rule 2024

Rediff.com2 Jan 2024

Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.

COVID-19: Job loss, salary cuts are BIGGEST worries

COVID-19: Job loss, salary cuts are BIGGEST worries

Rediff.com11 Apr 2020

'A large number of people are suddenly waking up to the fear of losing jobs,' says Shyamal Majumdar.

From Paris to Peru: Manu Bhaker's next big challenge

From Paris to Peru: Manu Bhaker's next big challenge

Rediff.com22 Feb 2025

Ace pistol shooter Manu Bhaker will lead a 35-member Indian team in the season-opening ISSF World Cups in April in South America.

World Savings Day: Your Career Is Your BIGGEST Saving!

World Savings Day: Your Career Is Your BIGGEST Saving!

Rediff.com30 Oct 2024

The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.

My Favourite Oscar Moment

My Favourite Oscar Moment

Rediff.com4 Mar 2025

The balance was so perfect in that moment, the irony so rich. Those who cheered on Elia Kazan were cheering on the one quality that made him such a singular artist: He was his own man and not susceptible to groupthink. Those who protested Kazan's presence were protesting that very quality: They were saying that he was too much of an outlier, a wolf in a radical's clothing. Sreehari Nair captures his Kodak moment at the Oscars.

'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.'

Vodafone to move more jobs to India

Vodafone to move more jobs to India

Rediff.com17 Sep 2009

Mobile services provider Vodafone Hutchison has announced offshoring a total of 450 call centre jobs from Melbourne to India and Tasmania.

Citigroup may send 9500 jobs to India

Citigroup may send 9500 jobs to India

Rediff.com11 Apr 2007

Citigroup, the global financial giant, plans to cut almost 17,000 jobs worldwide in a bid to cut down its expenses by $1 billion.

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.

'30-40% Of H-1B Visas Cornered By Staffing Companies'

'30-40% Of H-1B Visas Cornered By Staffing Companies'

Rediff.com20 Jan 2025

'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'

Australian MP slams offshoring jobs to India

Australian MP slams offshoring jobs to India

Rediff.com4 Apr 2007

Smith warned these job cuts would be replicated in higher skilled sectors unless spending on higher education was increased.

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

Rediff.com1 Feb 2025

India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.

Tata Steel to cut 900 jobs in UK

Tata Steel to cut 900 jobs in UK

Rediff.com23 Nov 2012

Tata Steel on Friday said it will cut 900 jobs in the UK as part of major restructuring of European operations to make the company an "all-weather" steel producer, capable of succeeding in difficult economic conditions.

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.

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.

Crisis would affect jobs in Australia: Rudd

Crisis would affect jobs in Australia: Rudd

Rediff.com21 Jan 2009

Meanwhile, major companies including BHP Billiton, announced cutting off over 3,000 local jobs after deciding to shed 6,000 positions worldwide, while leading retailer Harvey Norman also forecast a series of job cuts.

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.

I'm the best athlete at 38: Monfils outplays Fritz

I'm the best athlete at 38: Monfils outplays Fritz

Rediff.com18 Jan 2025

-French flair topped American firepower as Gael Monfils turned back the clock to dump fourth seed Taylor Fritz out of the Australian Open on Saturday and celebrate his place in the last 16 with a dance on court.

Govt to set up private textile parks to curb China imports

Govt to set up private textile parks to curb China imports

Rediff.com16 Nov 2024

To curb raw material imports from China and promote textiles, the Uttar Pradesh government is looking to set up nearly a dozen private textile parks in the state. The textile parks would be established under the UP Textile and Garmenting Policy 2022.

Alcatel-Lucent to cut 10,000 jobs

Alcatel-Lucent to cut 10,000 jobs

Rediff.com8 Oct 2013

Telecom equipment maker Alcatel-Lucent unveiled plans on Tuesday to cut an overall 10,000 jobs worldwide by the end of 2015, hoping to save 1 billion euros ($1.36 billion) and turn the company around after years of losses.

'All Your Money Goes In Keeping Up This Lifestyle'

'All Your Money Goes In Keeping Up This Lifestyle'

Rediff.com11 Mar 2025

'When there is a money crunch in the industry, actors like us are the ones who face budget cuts. Not the big actors.'

UK cuts more jobs for non-EU workers

UK cuts more jobs for non-EU workers

Rediff.com18 Oct 2011

'Shortage occupation list' is a list of jobs that Britain allows non-EU professionals to come to the UK and take up employment.

Barclays to cut 70 jobs in Asia investment banking

Barclays to cut 70 jobs in Asia investment banking

Rediff.com24 Jan 2013

The total number of staff to be cut has not been finalised but could be as high as 90 people, the sources said, declining to be identified because the matter is confidential.

Sony sells Vaio; to cut 5,000 jobs globally

Sony sells Vaio; to cut 5,000 jobs globally

Rediff.com6 Feb 2014

The Japan-headquartered company will also streamline its TV business.