News for 'job cuts'

Trump doesn't support...: White House on H-1B visas

Trump doesn't support...: White House on H-1B visas

Rediff.com25 Nov 2025

White House Press Secretary Karoline Leavitt clarifies President Trump's stance on H-1B visas, emphasizing his priority for American workers while acknowledging the need for skilled foreign workers to train them in specialized industries.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

What You Must Know Before Signing Severance Package

What You Must Know Before Signing Severance Package

Rediff.com20 Nov 2025

Understanding severance pay isn't just for those who are losing their jobs

How India Struggles With Sleeplessness

How India Struggles With Sleeplessness

Rediff.com15 Dec 2025

'Sleep is when your blood pressure falls; this nocturnal dip is when the heart gets rest.'

Laid Off? 3 Smart Moves To Rebuild Your Life

Laid Off? 3 Smart Moves To Rebuild Your Life

Rediff.com13 Aug 2025

Don't let a pink slip derail you. Anu Krishna, mind coach and co-founder of Unfear Changemakers, tells you how to prioritise your finances, upskill yourself and prepare for your next job.

SC to hear on Tuesday TVK plea against electoral roll revision in TN

SC to hear on Tuesday TVK plea against electoral roll revision in TN

Rediff.com2 Dec 2025

The Supreme Court has agreed to hear a plea challenging the Election Commission's decision to conduct Special Intensive Revision (SIR) of electoral rolls in Tamil Nadu, Kerala and West Bengal. The court is also addressing concerns about disenfranchisement and citizenship issues related to the revision process.

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

TCS slammed for 'downplaying large scale layoffs'; headcount falls by 19,755

Rediff.com9 Oct 2025

Tata Consultancy Services (TCS) employee headcount fell by a massive nearly 20,000 in a single quarter, as India's largest IT services company continues to restructure workforce to align with changed business dynamics. According to Q2 FY26 data on its website, the company's headcount has dropped to 5,93,314 in September quarter as compared to 6,13,069 in June quarter, even as IT workers' union NITES accused TCS of downplaying large scale layoffs through under-reporting.

'Bihar Supplies Labour To The World...'

'Bihar Supplies Labour To The World...'

Rediff.com12 Nov 2025

'...yet struggles to convert that human capital into domestic productivity.'

Suspended TMC MLA lays 'Babri-style' mosque foundation in WB

Suspended TMC MLA lays 'Babri-style' mosque foundation in WB

Rediff.com6 Dec 2025

Kabir cut a ceremonial ribbon alongside visiting clerics on the dais as slogans of "Nara-e-Takbeer, Allahu Akbar" were raised at the venue, where thousands had gathered since morning.

No salary hike, job cuts likely: TCS

No salary hike, job cuts likely: TCS

Rediff.com26 Feb 2009

As a part of cost cutting measures to tackle global economic downturn, IT major Tata Consultancy Services (TCS) on Thursday said job cuts are possible and ruled out salary hikes next year.

Gems & jewellery exports slipped 30% in October: GJEPC

Gems & jewellery exports slipped 30% in October: GJEPC

Rediff.com24 Nov 2025

India's gems & jewellery exports witnessed 30.6 per cent year-on-year (Y-o-Y) contraction in October to $2.17 million, amid the imposition of a steep 50 per cent tariff by the United States (US) on several Indian products.

TCS' Finnish employees protest job cuts

TCS' Finnish employees protest job cuts

Rediff.com26 Apr 2013

Industry sources said the lay-off may be part of the deal that Nokia has signed with TCS and HCL Technologies earlier this year.

Fewer jobs cuts in US signal weak recovery

Fewer jobs cuts in US signal weak recovery

Rediff.com7 May 2009

Planned job cuts announced by US employers totalled 132,590 in April, a 12 per cent drop from the 150,411 layoffs recorded the previous month. This is the third consecutive decline in monthly job cut announcements and the lowest total since 112,884 cuts were announced last October, a report by global outplacement consultancy firm Challenger, Gray & Christmas said.

Perfect Family Review: Realistic But Dreary

Perfect Family Review: Realistic But Dreary

Rediff.com28 Nov 2025

All this time the Great Indian Family was a refuge, when did it become a toxic dump, wonders Deepa Gahlot.

'Global investment banks need 40,000 job cuts'

'Global investment banks need 40,000 job cuts'

Rediff.com20 Nov 2012

The sector has already stepped up restructuring programmes, reduced headcount by about 15,000 since mid-2011 and has announced another 25,000 job cuts.

India on track to surpass $4 trn GDP in FY26: CEA

India on track to surpass $4 trn GDP in FY26: CEA

Rediff.com26 Nov 2025

India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.

97,000 jobs cut in US in July

97,000 jobs cut in US in July

Rediff.com6 Aug 2009

Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months, warning of a further hike in downsizing activity by the last quarter of the year, a report said on Wednesday.

'Chilled' Smith Ready For Ashes Heat

'Chilled' Smith Ready For Ashes Heat

Rediff.com20 Nov 2025

Steve Smith cut a relaxed figure when he named the Australia team for the opening clash in his ninth and possibly final Ashes series on Thursday.

SC flags discrimination against disabled in jobs, seeks Centre's reply

SC flags discrimination against disabled in jobs, seeks Centre's reply

Rediff.com12 Sep 2025

The Supreme Court has raised concerns about discrimination against persons with disabilities in employment, questioning the Centre on the lack of 'upward movement' for meritorious candidates. The court also ordered nationwide monitoring of care institutions for persons with cognitive disabilities.

Textile industry may see further job cuts: CITI

Textile industry may see further job cuts: CITI

Rediff.com19 Nov 2008

Having already witnessed a job cut of around seven lakhs so far in the year, the textile industry may see a further reduction in manpower by five lakhs, given in a decline in business by 1.5 per cent.

No job cuts, Corus union tells Tata

No job cuts, Corus union tells Tata

Rediff.com2 Feb 2007

Analysts tracking Corus said the steel company's workers had witnessed nearly 8,000 job cuts in the last eight years and were, therefore, apprehensive of Tata Steel's intentions.

'Villains Are The Most Interesting To Design For'

'Villains Are The Most Interesting To Design For'

Rediff.com9 Dec 2025

'Every film had its challenges, but Mr India, Sadak and Gandhi were the toughest.' 'Mr India needed imagination, Sadak needed sensitivity and Gandhi demanded historical authenticity.'

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

How New Labour Code Will Change The Workplace

How New Labour Code Will Change The Workplace

Rediff.com25 Nov 2025

From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.

Global job cuts show world economy in trouble

Global job cuts show world economy in trouble

Rediff.com9 Aug 2011

In an effort to improve their balance sheets, many of the major multinationals have started to lay-off employees.

Samvat 2082: Investors likely to see up to 15% returns from equities

Samvat 2082: Investors likely to see up to 15% returns from equities

Rediff.com5 Nov 2025

After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.

Loss-making Manchester United to cut jobs, free lunches

Loss-making Manchester United to cut jobs, free lunches

Rediff.com25 Feb 2025

In September, the 20-time English champions reported its fifth straight annual loss as it missed out on the lucrative European Champions League competition.

Modi's Message In A Battle For The Congress

Modi's Message In A Battle For The Congress

Rediff.com19 Nov 2025

The Congress's performance in the Lok Sabha elections showed that it may be down but not out, and Modi is determined to ensure that in the next round in 2029, it is consigned to irrelevance, points out Saisuresh Sivaswamy.

Why BJP, Nitish Need Each Other

Why BJP, Nitish Need Each Other

Rediff.com12 Nov 2025

Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.

From Shravasti to Meerut, Delhi car blast leaves trail of grief

From Shravasti to Meerut, Delhi car blast leaves trail of grief

Rediff.com11 Nov 2025

Families across North India are mourning the loss of loved ones killed in the Red Fort blast, as the investigation continues and security is heightened.

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

Rediff.com17 Nov 2025

'This election was won because of Nitish Kumar's face and his policies.'

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Trump's 50% tariffs on India kick in; to hit exports

Trump's 50% tariffs on India kick in; to hit exports

Rediff.com27 Aug 2025

On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.

'We Carried BJP to Power, Now They Crush Us'

'We Carried BJP to Power, Now They Crush Us'

Rediff.com19 Nov 2025

'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'

A Legend Returns: My Tata Sierra Story

A Legend Returns: My Tata Sierra Story

Rediff.com5 Nov 2025

As the Tata Sierra makes a triumphant return as a modern monocoque 5-doorOn November 15, Rajesh Karkera recalls the original SUV that defined his early adulthood.

10 Things Gen Z Looks For In A Job Today

10 Things Gen Z Looks For In A Job Today

Rediff.com19 Aug 2025

If you want to inspire the young workforce, focus on building transparency, purpose and social responsibility, says notes Varun Sachdeva, SVP and APAC head, NLB Services.

'No Anti-Nitish Or Pro-Tejashwi Wave'

'No Anti-Nitish Or Pro-Tejashwi Wave'

Rediff.com11 Nov 2025

'This will be a close election. At least now, it appears that the NDA has an edge.'