The cuts will occur across the company, throughout both business division and newsrooms.
India's captain believes the leg spinner will still be a great bowler when he returns to action after completing his one-year drugs ban.
The charge is likely to lower the company's adjusted fourth quarter net income by 46 per cent from a year earlier.
'India is nowhere near the peak of the infection given its large population of 1.3 billion'
Former World No 1 Roger Federer returned from a 10-week layoff with a 6-3, 6-4 second-round victory against Spain's Guillermo Garcia Lopez at the Monte Carlo Masters on Tuesday.
Rafael Nadal's comeback from a seven-month injury layoff gathered pace as he brushed aside Argentine David Nalbandian 6-2, 6-3 to win the Brazil Open on Sunday, his first title since the 2012 French Open.
The Indian job market is expected to see slower hiring activity, but double-digit salary hikes next year as employers are embracing a "cautiously optimistic" approach amid the economic uncertainty.
'It will take time for him to get his intensity back'
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
South African strike bowler Dale Steyn has delayed his return from a lengthy injury layoff after withdrawing from a domestic first-class series match because he felt he was not ready.
Factbox on American Sloane Stephens, who beat compatriot Madison Keys 6-3 6-0 to win her first U.S. Open singles title on Saturday:
David Villa took his career goals tally to 301 when he netted twice as holders Barcelona eliminated third-tier Alaves 6-1 on aggregate to qualify for the last 16 of the King's Cup on Wednesday.
Summary of World Cup qualifiers played across the world on Thursday
The thin boundary between work and life has become increasingly blurred, which is taking a toll on employese's mental well-being, says Prachi Ghogle.
Australia, with Steve Smith back in their line-up, will retain the Ashes with victory in the fourth Test, while a win for England would set up a decider at the Oval next week.
The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.
Roger Federer and Rafael Nadal have returned to tennis in blistering form this season because they were able to recharge during injury layoffs last year, former world number two Alex Corretja has said.
Recruiters are now in search of candidates with soft skills alongside tech-based knowledge, says Ambrish Sinha.
With quality bowling attacks, Australia and India may have the edge at the World Cup in England where fortunes are likely to be made or marred in the middle overs.
News of all that's transpired on and off the football field.
The move is aimed at reducing costs and improving efficiency.
Cristiano Ronaldo took his league tally for the season to 30 as leaders Real Madrid swept aside Espanyol 5-0 at the Bernabeu to restore their 10-point advantage over Barcelona in La Liga on Sunday.
"As part of the restructuring, HP expects approximately 27,000 employees to exit the company, or 8 per cent of its workforce as of October 31, 2011, by the end of fiscal year 2014," the company said in a statement.
Hewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate history, says a media report.
Roger Federer's return from a six-month injury layoff suffered a setback when German teenager Alexander Zverev shocked the Swiss great 7-6(1) 6-7(4) 7-6(4) in an entertaining Hopman Cup tie on Wednesday. The 17-times grand-slam winner underwent knee surgery last February and, after missing the French Open with a back injury, announced in July that he needed extensive rehabilitation and would be sidelined for the rest of the season.
Derrick Rose made an immediate impact on his return to the Chicago Bulls lineup on Monday as last season's Most Valuable Player scored a game-high 23 points in a 90-79 victory over the visiting Atlanta Hawks.
'We haven't flattened the infection curve, we may have merely smoothened it temporarily.'
Australian pace bowling prodigy Pat Cummins, who bagged a six-wicket haul on Test debut in South Africa last year, will return to action next week after a four-month injury layoff.
'You need to polish your skills and be prepared to be an asset in the 'new normal' work environment.' 'Access MOOCs (massive open online courses) and keep your brain razor sharp, despite not having a job offer or having your job offer rescinded.'
The job cuts will begin this quarter and be completed 'over the next few quarters' across a range of businesses, Pandit said at a Goldman Sachs Financial Services conference in New York.
Bank of America Corp will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional positions, a media report says.
In the present times of job uncertainties and layoffs, the lure of bureaucracy is clear.
South African strike bowler Dale Steyn could miss next week's third Test against England as he has yet to recover from a shoulder problem while fellow paceman Vernon Philander has been ruled out of the series, Cricket South Africa said.
Hiring during a recession and leveraging a stable succession gameplan are just a few amongst many other things that this firm did right.
Utilise this time to gain hands-on experience on newer skills or refine current ones.
Steven Gerrard will know by the middle of this week whether he faces another lengthy layoff or will be back in action for Liverpool soon after being diagnosed with an infected ankle.
Manchester City suffered a third loss in four matches as Steven Gerrard earned Liverpool a 1-0 victory in the first leg of their League Cup semi-final at the Etihad Stadium Wednesday.