Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
Naukri.com's Hiring Outlook Survey for 2020 reveals the jobs and sectors that saw a surge in demand during the pandemic.
Abhishek, Head or Klassen? Whose batting caught your fancy last night?
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
The Renault-Nissan alliance currently employs around 8,000 workers at its Chennai plant
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The Securities and Exchange Board of India, in a consent order dated June 28, has settled charges of takeover norms violation by the Tinplate Company of India Ltd after it paid Rs 228,000.
Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they said. The Bengaluru-based firm has laid off over 1,100 employees (both full-time and contractual), so far, this year.
Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.
The economy is struggling and companies may soon be forced to cut salaries or let people go. What are your plans for the dark days ahead?
Akash Deep had just finished his spell and was manning the boundary when he heard everyone in the Bengal dressing room clapping in unison and congratulating him.
The demand for full-stack developers in India have seen a 20% increase in the last one year.
After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.
At present, there is no specific substantive law to deal with unfair means adopted or offences committed by various entities involved in the conduct of public examinations by the central government and its agencies.
'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'
'For the last two elections, the Congress manifesto has been thrown into the dustbin.' 'This manifesto will also be thrown into the dustbin.'
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
Tottenham still had an annual cost base running into hundreds of millions of pounds.
Taking potshots at the Bharatiya Janata Party, some opposition leaders also wondered if Goel resigned to contest the Lok Sabha polls on its ticket like former Calcutta high court judge Abhijit Gangopadhyay.
Earlier last month US FDA officials had seized drug products manufactured by Caraco Pharmaceutical at its Michigan facilities in Detroit, Farmington Hills, and Wixom, alleging violation in good manufacturing practice.
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
Prudential, the second biggest British insurance group, on Thursday announced that it might axe 2,000 jobs in the UK and 1,000 jobs in India to reduce costs despite posting a pre-tax net profit of 1.98 billion in 2006.
Manjummel Boys is a largely conventional, commercial movie. But given the rather curvy observations that do stay intact in the film, Rohit Sathish is tempted to think what an even braver, more ambitious film would have done.
Seven years after Modi took office, merchandise exports were lower in 2020-2021 than when he had taken over from Manmohan Singh, points out Aakar Patel.
According to a new survey, over 80 per cent Indian engineers and tech graduates are currently learning new technologies relevant to the jobs they seek.
Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.
While managing rising EMIs can be challenging, the right strategy can help individuals can ease their financial burden, says rediffGURU and financial planning expert, Colonel Sanjeev Govila (retd).
Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:
It is not an easy life even for someone like Dravid, whose touch points with cricket spread across decades, formats and varied roles.
'When I looked closely at people and stories from that region, I realised that the landscape contributes a lot to how people behave.'
'If the Pawars are so powerful, then why are they scared of me?'
'Life had its own plans and now I have learnt to go with the flow.'
Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.
Chosen for the country's highest civilian award Bharat Ratna a day ahead of his birth anniversary, Karpoori Thakur has been the veritable 'Jan Nayak' or people's hero of politics in Bihar, whose legacy parties cutting across ideologies seek to claim.
IMAGES from the Day 2 of the first Test between South Africa and India, at Centurion, on Wednesday.
HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
Tata Motors-owned Jaguar Land Rover has announced plans to shed 200 jobs across its UK operations but claimed that the redundancies were not connected with the economic downturn or slump in car sales.
The company has not detailed out the geographies that would be impacted by the reductions. However, given that India accounts for the biggest share of the company's headcount, the impact of these layoffs is expected to be significant.
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
Data science isn't just about acquiring skills; it's also about comprehending the business context in which data science is applied.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
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