Kishore Singh draws up a list of terms he never wants to hear or read again.
'The revenue is going to go down significantly, 50% they are banking on at the moment and that's an optimistic position, I believe. The players will take a whack.'
'Our focus on fresher induction is high, given that they come in with certain advantages.' 'They do not have an unlearning process as seen in senior employees.'
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.
According to several industry sources in the know, expenses towards deploying contractual staffer, which used to account 10 per cent of the overall billable employee cost at IT firms, has fallen to around 3 per cent. IT firms typically use the contractual workers from staffing solutions providers or subcontractors.
The report, however, said that the increase in layoffs should not be seen as a sign of 'recession relapse'.
The US magazine Forbes is planning to layoff several staff from the editorial and business sides, as a cost-cutting measures in response to decreasing advertising revenue.
Walt Disney staff were reportedly replaced with Indians holding H-1B.
"It's the other end of the spectrum now ... You can't wait just to get out there on the cricket field and running around with your mates, getting stuck into training and playing games."
Pujara was placed sixth, down one rung, with 791 points, while Rahane occupied the ninth spot after slipping a couple of positions with 759 points.
Cricket Australia Chief Executive Kevin Roberts has told staff that the governing body faces a financial crisis and would not have been able to pay its bills at the end of August without layoffs, local media reported on Saturday. Cricket Australia announced plans to lay off almost 80% of staff on Thursday, putting them on 20% pay until June 30 when it is hopes more will be known about how long government curbs put in place to control the coronavirus will last.
Some Silicon Valley execs forecast a turnaround as early as second quarter 2009.
Amid tough economic conditions, layoffs, salary cuts and decrease in benefits, most of the Americans seem happy at workplace, just not as happy as they use to be, a latest survey has found.
'Companies are threatening to terminate them or putting them on unpaid leave.'
Recruitment-related HR executives are being moved to other HR functions like training and development and other day-to-day HR functions, or being taken on contract. If things worsen, there could also be layoffs. Companies like Wipro, Infosys, TCS and iGate, too, have a mix of contractual employees in their HR team.
Although the government has come out with a fiscal stimulus package to boost industrial growth and economy, it is unlikely to have perceptible impact in the short run and raise business confidence, which has led to layoffs, partial and complete closure of plants and termination of joint ventures, especially those involving foreign partners.
Simplilearn said the pandemic had accelerated demand for skills in areas such as artificial intelligence, cloud computing, data science and cybersecurity.
Layoffs are turning out to be the flavour of the week, with European auto makers Peugeot, Citroen and Rolls Royce, British pharma giant AstraZeneca and American defence equipment manufacturer Boeing all set to slash nearly 7,000 jobs.
Darren Cahill is currently coaching Simona Halep on the telephone or via video link and has asked her to adopt the mindset of an Olympic athlete during an enforced layoff that could extend to the end of the year.
More than 21 lakh individuals have become jobless in the US ever since the world's largest economy entered into recession last December, with more number of employers resorting to mass layoff actions.
In the midst of massive layoffs being announced by various corporate houses hit by a global economic slowdown, Anil Ambani group on Friday said it is not planning any job reduction and is rather planning to create up to 90,000 employment opportunities in the next few months.
Are you well-qualified but still without a job? Have you been laid off by your employer and are thinking of the way ahead? Do you want to start your own business with an idea that you have? How do you go about coping with various challenges associated with job layoffs and venturing to start on your own?
Uber on Tuesday said it is laying off about 600 employees in India -- about a quarter of its staff in the country -- as business has taken a major hit amid the COVID-19 pandemic. The development comes days after rival Ola had announced laying off 1,400 people from its rides, financial services and food business.
Images from Day 2 of the 2022 Australian Open in Melbourne on Tuesday.
The overall confirmed cases on the mainland have reached 81,708 by Sunday, including 1,299 patients still being treated, 77,078 patients discharged after recovery, and 3,331 people died of the disease.
The industry chamber is in favour of reopening schools and educational institutions, allowing foreign carriers to operate, permitting usage of restaurants and eateries in hotels, opening up of cinemas and multiplexes, and reopening metro rail services.
Images from the UEFA Champions League matches on Tuesday night.
India 'A' extended their domination of the hosts to the Tests after they opted to bat
The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.
Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.
Juventus substitute Cristiano Ronaldo was denied a stoppage-time winner by VAR as Udinese came from two goals down to snatch a 2-2 draw in their thrilling Serie A season opener on Sunday.
Cristiano Ronaldo reacted angrily to being substituted during Juventus' win over AC Milan as he gave coach Maurizio Sarri a dirty look and walked straight down the tunnel.
A summary of sports events and sports persons, who made news on Wednesday.
A large percentage of total tourism business activity of India, which is estimated at $28 billion+ in forex and upwards of Rs 2 lakh crore in domestic tourism activity will be at economic risk through the year.
Raphael Messi Bouli struck twice in the last 15 minutes to eke out a 2-2 draw for Kerala Blasters
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
Novak Djokovic has parted company with coach Radek Stepanek days after the departure of head coach Andre Agassi from his team, the former world number one announced on Wednesday.
Apart from supply chain disruptions, Moody's also expects consumption and investment to be affected and prices of oil and other commodities to remain around current lows until the end of June.
Real Madrid midfielder Luka Modric urged Neymar to join him at the Champions League winners after swapping shirts with the forward following Sunday's international friendly between Brazil and Croatia.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances