News for 'layoffs'

PIX: The Mbappe-Messi double act!

PIX: The Mbappe-Messi double act!

Rediff.com27 Feb 2023

Barcelona wasted a golden opportunity to extend their lead at the top of LaLiga as they were shocked 1-0 at lowly Almeria on Sunday thanks to a first-half strike by El Bilal Toure.

Flintoff faces long layoff after latest surgery

Flintoff faces long layoff after latest surgery

Rediff.com13 Oct 2007

Flintoff, who also had surgery earlier this year, will miss the forthcoming Test series in Sri Lanka and is considered "unlikely" to tour New Zealand.

ISL: Hyderabad extend East Bengal's winless run

ISL: Hyderabad extend East Bengal's winless run

Rediff.com23 Dec 2021

East Bengal's winless streak got extended after they were held to a 1-1 draw by Hyderabad FC in an Indian Super League match, in Bambolim, Goa, on Thursday. The draw enabled the Nizams to rise to second place on the points table and extend their unbeaten run to six matches.

Asia Cup PIX: Suryakumar sizzles in India's big win, team enters Super 4

Asia Cup PIX: Suryakumar sizzles in India's big win, team enters Super 4

Rediff.com31 Aug 2022

Images from the Asia Cup T20 match between India and Hong Kong in Dubai on Wednesday.

Codes give more power to states to be flexible on labour laws

Codes give more power to states to be flexible on labour laws

Rediff.com3 Oct 2020

The move will help industries in pushing authorities for exemption under various labour laws at a micro-level, along with demanding changes to bring greater flexibility in their operations related to retrenchment, safety standards, and collective bargaining.

Will Tamil Nadu govt step in to rescue Ford India workers?

Will Tamil Nadu govt step in to rescue Ford India workers?

Rediff.com13 Jun 2022

An unhappy, restive mood prevails at the Ford factory Maraimala Nagar, 50 km from Chennai, and the surrounding area. The security is tight - not just Ford security personnel but also Tamil Nadu state police who are posted at the main gate. From September 9, when Ford India announced it was phasing out its units in India and leaving, workers at its manufacturing unit at Maraimala Nagar have held onto one hope: that the state government will step in to save their jobs.

Why Bank HRs Are Under Pressure Suddenly

Why Bank HRs Are Under Pressure Suddenly

Rediff.com10 Nov 2022

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.

Covid-19 may take away 200,000 IT jobs in India

Covid-19 may take away 200,000 IT jobs in India

Rediff.com4 Sep 2020

The sector will see a minimum of 3-5 per cent of the weight being shed in almost every IT company - particularly the big 20 - because of Covid and not performance-related issues.

Ghar Waapsi Review

Ghar Waapsi Review

Rediff.com22 Jul 2022

Ghar Waapsi is strewn in pithy wit. And believable scenes of pyaar and takraar, observes Sukanya Verma.

Change Your Life! Ask Questions!

Change Your Life! Ask Questions!

Rediff.com12 Aug 2022

By framing the right question, Satya Nadella directed his team's attention to searching for the right answer, which opened up a treasure trove of new business opportunities, which would have remained undiscovered but for framing the right question.

Hindustan Motors plots a comeback; talks on for JV with European co for EVs

Hindustan Motors plots a comeback; talks on for JV with European co for EVs

Rediff.com25 May 2022

The country's first ever carmaker, Hindustan Motors, is looking at a second coming. Talks are on for a joint venture with a European auto company focused on the electric vehicle (EV) space. A memorandum of understanding (MoU) has been signed and due diligence is expected to start shortly and will take 2-3 months to conclude.

Balaji confident his skills haven't rusted despite layoff

Balaji confident his skills haven't rusted despite layoff

Rediff.com10 Sep 2012

Comeback-man Lakshmipathy Balaji feels that his absence from international cricket for past three years hasn't made him rusty and he is putting in the yards under bowling coach Joe Dawes as India prepare to take on New Zealand in the 2nd Twenty20 International in Chennai on Tuesday.

Shane Warne, the man who made spin sexy again

Shane Warne, the man who made spin sexy again

Rediff.com4 Mar 2022

Warne finished his career with 708 wickets in 145 Tests

Layoffs rampant in India? Read how other nations deal with it

Layoffs rampant in India? Read how other nations deal with it

Rediff.com17 Jun 2015

Temporary workers not only lack job security, they get less pay and an inferior overall package.

Poor economy is no excuse for layoffs: Murthy

Poor economy is no excuse for layoffs: Murthy

Rediff.com27 Nov 2009

Poor economy should not be an excuse for laying off people especially in recession when it becomes inevitable for the corporate world, Infosys mentor N R Narayana Murthy said in Mumbai on Friday.

SoftBank warns its portfolio firms of cost cutting

SoftBank warns its portfolio firms of cost cutting

Rediff.com20 Aug 2022

After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Before he does that, investments in India for calendar year 2022 (CY22) will fall radically, observed sources in the know. Last year, the company had invested around $3.2-3.5 billion in the Indian start-up ecosystem - almost 10 per cent of the total investment the sector received. For CY22, the investments may not even touch $1 billion.

The Hottest Jobs for Freshers in India

The Hottest Jobs for Freshers in India

Rediff.com16 Jun 2022

Jobs in HR, administration and recruitment have seen a substantial rise as per Monster data with a 42% growth in job posting activity.

Juventus host Milan as Italian season finally resumes

Juventus host Milan as Italian season finally resumes

Rediff.com11 Jun 2020

The Italian season resumes after a three-month suspension due to the COVID-19 pandemic on Friday when Juventus, still chasing a possible league, cup and Champions League treble, host AC Milan in the return leg of their Coppa Italia semi-final. The match, to be played behind closed doors at the Allianz stadium, should have been played on March 4 but was postponed by the Turin city government at 24 hours' notice as the virus began to spread. The season was suspended altogether one week later.

How I lost my job

How I lost my job

Rediff.com20 Oct 2020

'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'

Layoff plan: Air India CMD censured by govt

Layoff plan: Air India CMD censured by govt

Rediff.com22 Oct 2008

Highly placed sources said Oil Minister Murli Deora took exception to Menon's proposals during a meeting of the Federation of Indian Airlines and Civil Aviation Minister Praful Patel to resolve the crisis arising out of mounting fuel bill arrears. "There should not be any layoffs. Why are you raising it now," sources quoted Deora as telling Menon.

Job losses: Youngest, oldest employees worst hit in 2nd wave

Job losses: Youngest, oldest employees worst hit in 2nd wave

Rediff.com16 Jun 2021

When it comes to losing a job permanently, the youngest and the oldest segments in the workforce have reported an increase in setbacks in the second wave of the pandemic, a survey of by a Fortune500 company has said. The survey, conducted in April this year, covered 2,000 persons in India. Six per cent of those over 55 years of age reported having permanently lost their job, as against 4 per cent last year. In those aged under 24, the proportion reporting a permanent job loss has increased to 11 per cent from 10 per cent in the year-ago period, the survey done by financial technology company FIS said.

Can Australia win their first-ever T20 World Cup?

Can Australia win their first-ever T20 World Cup?

Rediff.com6 Oct 2021

Most of Australia's players have had scant preparation for the Twenty20 World Cup but captain Aaron Finch said his underdone squad can still bring the trophy home for the first time.

'No Challenge To SBI's Retail Loan Book'

'No Challenge To SBI's Retail Loan Book'

Rediff.com21 Jun 2022

'When we look at the quality of our retail loan book, the non-performing asset percentage is low.'

Raducanu storms into 3rd rd; Nadal tastes defeat on injury return

Raducanu storms into 3rd rd; Nadal tastes defeat on injury return

Rediff.com18 Aug 2022

Raducanu stormed into the third round of the Cincinnati Open

Walmart India sacks 56 employees, including from senior levels

Walmart India sacks 56 employees, including from senior levels

Rediff.com13 Jan 2020

All of the 56 impacted associates, eight in the senior management and 48 in the middle as well as lower management, have been offered enhanced severance benefits and out placement services to support their transition, the company said.

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

Rediff.com10 Jun 2022

The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment. In a totally altered, post-pandemic landscape where students are back at school and colleges, companies are scrambling to revert to bricks-and-mortar tuition centres and adopting a hybrid model of offline and online education. Demand for online tuition has fallen, affecting the revenue of edtech companies in recent months. After two years of booming revenues, some experts say the sector is looking at a possible meltdown.

PHOTOS: Coric stages incredible comeback to stun Tsitsipas

PHOTOS: Coric stages incredible comeback to stun Tsitsipas

Rediff.com5 Sep 2020

Croatian Borna Coric saved six match points as he rallied from 5-1 down in the fourth set to stun Stefanos Tsitsipas 6-7(2), 6-4, 4-6, 7-5, 7-6(4) and send the fourth seed tumbling out of the US Open in the third round on Friday.

Corus layoffs: Union says fight is not yet over

Corus layoffs: Union says fight is not yet over

Rediff.com11 Dec 2009

Given the region's already higher unemployment rates, compared to national averages, it would be difficult to find alternative jobs.

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Rediff.com27 May 2022

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.

TCS posts marginal slide in Q3 profit; CEO says, 'no layoffs'

TCS posts marginal slide in Q3 profit; CEO says, 'no layoffs'

Rediff.com15 Jan 2015

TCS will have to deliver higher revenues in the succeeding quarter of FY15.

American gymnast Biles cried at news of Tokyo postponement

American gymnast Biles cried at news of Tokyo postponement

Rediff.com1 Apr 2020

Four-time Olympic champion Simone Biles has finally broken her silence on the year-long postponement of the 2020 Tokyo Olympics and said on Wednesday that while the news left her in tears it was the right call.

Marsh likely to return for India series after injury layoff

Marsh likely to return for India series after injury layoff

Rediff.com7 Dec 2011

There is some good news for the injury-hit Australian cricket team as opener Shaun Marsh is likely to be fit for the upcoming Test series against India and might even play the two warm-up matches before that.

Layoffs: 'I'd not recommend animation as a career to anybody'

Layoffs: 'I'd not recommend animation as a career to anybody'

Rediff.com29 Jul 2013

As one of India's topmost animation companies lays off its employees, a senior employee talks about what went wrong, and raises the question: Should your children join the animation industry?

Sports Shorts: Raducanu tests positive for COVID, out of Abu Dhabi event

Sports Shorts: Raducanu tests positive for COVID, out of Abu Dhabi event

Rediff.com13 Dec 2021

Summary of sports events and persons who made news on Monday.

Woods opts out as PGA Tour returns next week

Woods opts out as PGA Tour returns next week

Rediff.com6 Jun 2020

The 44-year-old Masters champion last competed on the PGA Tour in mid-February.

Ravish Kumar's Lonely Journey

Ravish Kumar's Lonely Journey

Rediff.com14 Oct 2022

'We didn't know where the story was going. But I knew I was telling the story of an extremely lonely journalist.'

Laid off? Get your finances in order. Here's how!

Laid off? Get your finances in order. Here's how!

Rediff.com14 Jan 2015

As part our series on dealing with the pink slip, we spoke to financial planner Sridhar Vetapalem on how to get your finances in order.

Laid off? 8 things to do for your mental and physical well-being!

Laid off? 8 things to do for your mental and physical well-being!

Rediff.com13 Jan 2015

Dhruv Gupta, Fitness Expert and Founder of weight loss programme, FitHo.com tells you just how!

StanChart Securities starts retrenchment process in India

StanChart Securities starts retrenchment process in India

Rediff.com10 Jan 2015

StanChart starts retrenching staff in India.

StanChart firing big time, employees in India too face axe

StanChart firing big time, employees in India too face axe

Rediff.com8 Jan 2015

StanChart to hand over pink slips to its employees in India too.