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.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Unacademy is conducting another round of job cuts and laying off 350 employees or 10 per cent of its workforce of 3,500, as the SoftBank-backed edtech firm targets profitability and reduces costs, according to an internal note sent by Gaurav Munjal, co-founder and CEO of Unacademy group, to the staff. Munjal said the restructuring exercise would affect about 10 per cent of employees across the group. "I am deeply saddened to share that we will have to say goodbye to some of our extremely talented Unacademy employees," said Munjal in the letter addressed to employees and reviewed by Business Standard.
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.
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
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.
The company's search for a partner in India seems to be grounded once again
Warner and Head have turned up on numerous occasions for the Baggy Greens laying the foundation for their successful totals.
Starting afresh in a new domain or with a new employer or opting for entrepreneurship can be the brighter side of job loss.
rediffGURU Komal Jethmalani offers advice on how to alter your lifestyle so that you can stay healthy.
Notice for ticket holders ahead of Durand Cup semis Kolkata
'Jitendra Pratap Singh (his character in Vedaa) believes in the divisive politics of society and that is more dangerous than the regular goons.'
To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.
Kamala Harris and Donald Trump have sparred over all major issues, including United States foreign policy, economy, border security and abortion, during their first presidential debate that could alter the course of the race for the White House.
'Now, because of these mistakes, I'm not feeling that confident to continue with them. I was struggling a lot in the last months. I was waiting for the result. The only thing I need right now is some clean air.'
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."
'The censor board asked me for some strange cuts.' 'Otherwise, they would have given me an 'A' certificate.' 'One cut was where Girish Karnad was explaining artificial insemination in cattle.' 'These cuts never made any sense to me.'
India won four gold at the IBA Women's World Championships in a depleted field. To put things in perspective, five of the boycotting nations -- USA, Ireland, Canada, Poland and Netherlands -- had finished in the top-10 in the last two editions of the tournament.
New Zealand bowler Lockie Ferguson joined Canada skipper Saad Bin Zafar as only the second bowler in T20I history to bowl each of the allotted four overs as maidens, returning figures of 4-4-0-3. Zafar recorded 4-4-0-2.
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.
Images from Day 2 of the 3rd Test played between India and New Zealand, in Mumbai, on Saturday.
With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.
Considering factors like job prospects, growth potential and industry trends can provide valuable insights into selecting a suitable career path, suggests rediffGURU Rohit Gupta.
The clashes broke out this morning when protesters attending a non-cooperation programme to demand the government's resignation faced opposition from the supporters of the Awami League, Chhatra League, and Jubo League activists.
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.
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.
A round-up of the Ranji Trophy matches played on Monday
'Outside the house, he was this iconic deified figure.' 'Inside, he was a sorted-out, genial householder, always ready to lend a patient ear to our problems.'
Divya Nair recommends that non-Vijay fans save their money and wait for GOAT to drop on Netflix instead. At least you can fast forward and get to the climax faster.
'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'
During a hearing on Friday, the bench noted that Mumbai was witnessing a decline in the bursting of firecrackers.
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
"Boeing will reduce the production program's work force by approximately 1,100 jobs through the end of 2012," the company said in a statement.
'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.'
The company which posted results for the latest quarter said restructuring efforts are underway that will include a workforce reduction of around 5,000 employees.
Nadal was given a stiff test by the 24-year-old in a match which lasted almost three hours on centre court, and now faces Polish seventh seed Hubert Hurkacz.
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.
If the BJP has to work as a junior partner of Vijay's TVK, then either the party will have to change the state leader, or the latter should change himself. Incidentally, ever since Vijay started talking politics and elections, the pro-BJP/Hindutva social media had stopped dragging his name into any non-existing issue.' In particular, they have stopped referring to him by his Christian name, 'Joseph Vijay', observes N Sathiya Moorthy.
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.
