'I was so close to winning a Grand Slam. I want to make sure that my body is going to have the time it needs to come back, so please bear with me.'
Social media unicorn ShareChat has laid off 200 employees, around 15 per cent of its workforce, in another round of layoffs this year to reduce costs and achieve profitability within the next six quarters. In January, Mohalla Tech Pvt Ltd, the parent company of platforms ShareChat and Moj, fired 500 employees, 20 per cent of its workforce. The same month, company co-founders Bhanu Pratap Singh and Farid Ahsan also stepped down from executive roles.
Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform's new owner Elon Musk to attain economies of scale and make the USD 44 billion acquisition viable.
The move comes barely a week after fellow crypto unicorn CoinDCX laid off 12 per cent of its workforce - an estimated 80 employees - amid challenging macroeconomic conditions and regulatory uncertainty in the sector. CoinSwitch has 519 employees, according to its LinkedIn profile. This means around 8 per cent of its workforce were shown the door.
Tiger Woods, now 48, signed his first five-year, $40 million contract with Nike in 1996, and renewed it repeatedly.
BCCI accepted Bumrah's request to prioritise this important personal moment, and as a result, Bumrah flew back to Mumbai.
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
The Indian IT services sector may see up to five per cent layoffs -- amounting to more than one lakh job cuts -- over the next six months as companies focus more on cost-cutting due to persisting weakness in global demand, experts say.
Decision to rest Mohammed Shami, a move Mhambrey acknowledges is not easy.
IMAGES from the IPL match played between Rajasthan Royals and Mumbai Indians in Jaipur, on Monday.
'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Chief national badminton coach Pullela Gopichand on Monday singled out world number one doubles pair of Satwiksairaj Rankireddy and Chirag Shetty as favourites for an Olympic medal and said two-time medallist PV Sindhu too is on the right path and can deliver once again at the Paris Games.
Their eyes trained on the big-ticket T20 World Cup in the Americas in June, the national selectors aren't finding it easy to pick just one among Rohit Sharma and Virat Kohli for the upcoming Afghanistan series.
Companies today are taking a very fashionable way to reduce their workforce. Instead of the outright firing of employees, an alternative approach that some companies are using is the passive-aggressive method which is both deliberate and accidental, points out corporate lawyer Ishanee Sharma.
The T20 World Cup 2024 promises to be a tournament dominated by bowlers, particularly spinners.
An young IT executive discusses how would-be employers duped him and left him without a job.
Indians laid off by the current recession tell their stories in this gripping rediff.com series.
Kyrgios had a surgery on his left knee earlier this year and lost in his comeback match after a five-month layoff against China's Wu Yibing
V K Harish, a senior software engineer, reveals how his company cajoled him to resign voluntarily and later didn't fulfill its promise.
V K Harish, a senior software engineer, reveals how his company cajoled him to resign voluntarily and later didn't fulfill its promise.
Seven-time Grand Slam champion Venus Williams and former world number three Elina Svitolina were handed wildcard entries into Wimbledon.
India's women shuttlers assured themselves of a maiden Badminton Asia Team Championships medal by cruising to a 3-0 win over Hong Kong in the quarter-finals.
Germany Jan-Lennard Struff has also withdrawn from the US Open, the USTA said.
The match against New Zealand will be a repeat of their 2019 semi-final in Manchester which the Kiwis won by 18 runs.
Tilak Varma, Hyderabad and Mumbai Indians!
Sources close to the development told Business Standard the company was exploring different ways to save on its employee costs and had laid off a few employees on "performance" grounds. "We will see a similar development for the next few months. "The company is fine-tuning its hiring policies and implement rigourous measures to look into employee performance," a source said.
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
How are young Indian lives affected by the current recession? A young recruitment agent discusses the shock she experienced at being fired instead of receiving a promotion, as expected.
A once-in-a-generation fast bowler like Jasprit Bumrah shouldn't be playing all three formats in order to avoid injuries and prolong his career, feels World Cup winning Sri Lankan legend Chaminda Vaas.
rediffGURU Ashwini Dasgupta offers advice on what you can do to grow in your career and shine at the workplace.
Indians laid off by the current recession tell their stories in this gripping rediff.com series. A shocking chronicle of work experiences.
Monaco's Colombia striker Radamel Falcao has recovered from a thigh problem after a three-week injury layoff, the Ligue 1 club's coach Claudio Ranieri said on Wednesday.
Josh Hazlewood handed Australia an Ashes boost as he made a successful return from an Achilles injury to help RCB beat Lucknow Super Giants by 18 runs.
Alcaraz ended his near four-month injury layoff with a win over Laslo Djere
The first step to keeping your job safe, experts tell Rediff.com's Divya Nair, is understanding why layoffs happen.
Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.
While a return to South African national team remains an enticing proposition for him, former captain Faf du Plessis wants to regain his peak fitness and game-touch abefore seriously nourishing such ambitions.
Battling an inconsistent form, double Olympic medallist PV Sindhu on Tuesday slipped five places to world number 17 in the latest BWF world rankings.
Trends that added colour to workplace culture in 2022.
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