But when organisations cushion the impact to make it less traumatic, it helps in the recovery process, Wayne F Cascio tells Abhilasha Ojha
How to survive a layoff? A BPO employee who was sacked twice and is perhaps preparing for another one, reveals his successful fight against pink slips.
How to survive a layoff? A BPO employee who was sacked twice and is perhaps preparing for another one, reveals his successful fight against pink slips.
Lost your job? Why don't you start-up your own company instead of looking out for another job?
'The overwhelming evidence from various studies and reports indicates that the current work culture in the IT sector, characterised by excessive hours, has severe consequences for health, productivity, and overall quality of life.'
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
Mirabai Chanu, who has been recuperating from hip tendonitis she suffered during the Asian Games in September last year, has all but qualified for the Paris Olympics.
The Gautam Gambhir-led Indian team management has an opportunity to decide who among KL Rahul and Rishabh Pant will be India's long-term first-choice wicketkeeper-batter in ODIs
How are young Indian lives affected by the current recession? A young BPO manager tells how he is giving tuitions to cope with his sudden layoff.
In a post on LinkedIn, co-founders Aprameya Radhakrishna and Mayank Bidawatka announced that the platform will be discontinuing its services to the public, as talks for a partnership with multiple larger internet companies, conglomerates and media houses did not yield the desired outcomes.
The country's woes at World Cups, be it the 50-over or shortest format, are well documented and so the expectations back home have been tempered
Companies across the world are laying off workers as economic slowdown grips the global economy.
Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.
December and January can bring a blizzard of pink slips.
Just about 54 per cent of employers predict fresh job creation in the second half of this year whereas the same sentiment was shared by 68 per cent entities at the start of 2013, while salary hikes too are expected to be on the lower side, said the survey.
A former employee from the IT industry rants about what's wrong with the sector and offers his lessons to cope with layoffs.
Rediff reader Nalini Jagnat Kudalkar from Thane, Mumbai tells us how she coped with life after being laid off.
With the world going through tough economic times, companies around the world are handing out pink slips.
Zaheer named 16 players in his squad, with the caveat that only one player between Gujarat Titans' captain Shubman Gill and Rajasthan Royals' opener Yashasvi Jaiswal will be selected as Rohit Sharma's opening partner.
Around 6,967 tech employees lost their jobs in Bengaluru, the highest among Indian cities, partially because of its evolution in recent years as a start-up hub.
'Do not panic; have a good rapport with the HR and negotiate if they can map you to some other requirement with lesser compensation. Take sometime off -- 10 to 15 days; relax; be with your parents or friends then come back and prepare a good resume and learn new skills.' A chemical engineer and IT professional share their layoff lessons.
Satya Nadella announced Microsoft's biggest round of layoffs in company history, saying the company plans to cut 18,000 jobs within the next year.
Former player Ian Smith questioned New Zealand's preparations for the T20 World Cup.
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.
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
Kishan makes 19 on return to competitive cricket
Infosys continues to be interested in acquisitions.
'Need to have a big heart and keep executing plans.'
GM cites global pandemic as reason for the step. Firm had stopped selling cars in India in 2017 and stopped production completely on December 24, 2020.
In their petition, the couple said they got married on May 10, 2022 according to Hindu rites and customs at a hotel in Ghaziabad's Kaushambi and left for the US to pursue their careers.
IMAGES from Day 5 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Friday.
Let the world know you are strong enough to achieve anything. The layoff hurdle is nothing but a matter of time, says an anonymous reader, who shared his 'layoff lesson' with Rediff.com.
Have you been fired from your job recently? Or do you fear it will happen soon? Here are a few tips on how you can survive a layoff, financially.
The companies currently hiring in India is 38 per cent, which is a two per cent drop year-on-year and down on predictions made in June 2013.
Matheesha Pathirana's exceptional bowling performance emerged as the game-changer.
A former employee of a media company revisits the time she was laid off and shares the lessons she has learnt.
Satwiksairaj Rankireddy and Chirag Shetty cruised into the quarter-finals of the French Open Super 750 badminton tournament in Paris.
Glenn McGrath says layoff will help Jasprit Bumrah return fresh to international cricket
Arjun Mohan, CEO of India operations of Think and Learn, which owns Byju's brand, has resigned from the beleaguered firm, which on Monday also announced a business rejig consolidating its operations into three verticals. Mohan had joined Byju's in July last year as the CEO for international business after quitting rival UpGrad in February as CEO. Later, he was given charge of India operations in September after Byju's then CEO Mrinal Mohit resigned. After taking over the charge, Mohan undertook restructuring of the organisation which led to layoffs of around 4,000 employees at Byju's.
VAL, a unit of London-listed Vedanta Resources, has about 550 employees. It closed down the 1-million-tonne per year refinery exactly two weeks ago due to a shortage of bauxite, the key raw material used to produce alumina.
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