News for 'layoffs'

NYT to cut 100 newsroom jobs

NYT to cut 100 newsroom jobs

Rediff.com21 Oct 2009

The current number of workers is about 1,250.

How to keep your business going

How to keep your business going

Rediff.com17 Feb 2009

Don't dig into personal reserves, avoid personal and short-term loans.

Federer gives us a peek into his life after tennis

Federer gives us a peek into his life after tennis

Rediff.com15 Jul 2017

In beating Czech Tomas Berdych in straight sets, the Swiss became the first man to reach 11 finals at the All England Club -- making the contention that, after knee surgery and a six-month layoff, he is back to his best at 35 more compelling than ever.

Meltdown: Is the worst behind us?

Meltdown: Is the worst behind us?

Rediff.com28 May 2009

Full recovery may still be a good way off, but the job market is showing clear signs of improvement.

Does Satyam have cash to pay salaries?

Does Satyam have cash to pay salaries?

Rediff.com9 Jan 2009

Beleaguered Satyam management, struggling to set its house in order, is facing a major challenge to fight rumours and disinformation particularly relating to employees and their salaries.

Microsoft lays off 1% of India staff

Microsoft lays off 1% of India staff

Rediff.com11 May 2009

It is not clear which groups of the Indian operations have been affected by the cuts which are learnt to have been carried out across diverse functions. However, a company source said that a sizeable number of Microsoft's sales and support personnel in Hyderabad and a few in Bangalore were among those affected. The Response Windows team has also been dismantled completely, the source claimed.

Fewer jobs cuts in US signal weak recovery

Fewer jobs cuts in US signal weak recovery

Rediff.com7 May 2009

Planned job cuts announced by US employers totalled 132,590 in April, a 12 per cent drop from the 150,411 layoffs recorded the previous month. This is the third consecutive decline in monthly job cut announcements and the lowest total since 112,884 cuts were announced last October, a report by global outplacement consultancy firm Challenger, Gray & Christmas said.

Yahoo! India lays off 60; to hire 130

Yahoo! India lays off 60; to hire 130

Rediff.com29 Apr 2009

The California-based company is also planning to hire 130 professionals in India in areas like product engineering. A company spokesperson, however, declined to comment.

The saga of an FB post gone horribly wrong

The saga of an FB post gone horribly wrong

Rediff.com27 Mar 2017

Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.

Non-Bangalore employees duck Infy axe

Non-Bangalore employees duck Infy axe

Rediff.com20 Apr 2009

"Employees who have been consistently demonstrating poor performance were counselled out. Less than 1 per cent of our 11,250 employees in Chennai and 11,496 employees in Hyderabad have been impacted. As for the Thiruvananthapuram centre, less than 1 per cent of the 1,800 employees were impacted," said Mohandas Pai, member of the board, director, human resources, Infosys Technologies.

Recession: Start-up snags and solutions

Recession: Start-up snags and solutions

Rediff.com14 Apr 2009

Lessons from entrepreneurs who have launched businesses in the last 18 months.

Woolworths to cut 450 jobs amid buyer hunt: Report

Woolworths to cut 450 jobs amid buyer hunt: Report

Rediff.com6 Dec 2008

"About 450 head office and support staff are being made redundant by Woolworths as the turmoil surrounding the stricken retail chain's future continues," the Guardian website said. Deloitte, which has been appointed as the administrator for the collapsed retail chain said that the job cuts would be in Woolworths' Central London and Rochdale offices and not in the 815 stores of Entertainment UK, its DVD and CD distribution business, The Times said.

<I>NYT, Post</I> plan  pay cuts, lay offs

NYT, Post plan pay cuts, lay offs

Rediff.com27 Mar 2009

The story of gloom and doom continues to haunt the US economy. With advertising revenue going downhill, two of US newspaper majors -- The New York Times and The Washington Post -- plan another round of pay cuts and layoffs. Facing financial difficulties, the New York Times Company has imposed five per cent temporary pay cut for most employees and laid off 100 workers.

Pandit vows to make Citi world's best company

Pandit vows to make Citi world's best company

Rediff.com3 Jul 2008

Citigroup's Indian origin CEO Vikram Pandit, who has been on a major restructuring drive, including thousands of layoffs, since taking charge late last year, has asked his colleagues to help transform the "best financial institution" into the world's top-most company.

'H-1B quota may fill up in the first few days'

'H-1B quota may fill up in the first few days'

Rediff.com5 Mar 2009

Amid speculation that there would be reduction in number of H-1B visas, which has attracted large number of Indian professionals, a top immigration expert has said that the quota of 65,000 will get capped as the filing opens on April 1.

Diamond industry's revival hope dashed

Diamond industry's revival hope dashed

Rediff.com18 Feb 2009

Revival hopes of the diamond industry have been dashed as gems and jewellery manufacturers feel that little help has been provided to them in the Interim Budget for 2009-10.

Sharapova wins twice in a day

Sharapova wins twice in a day

Rediff.com12 Jun 2009

Maria Sharapova continued her build-up for Wimbledon by winning back-to-back matches to reach the quarter-finals of the Edgbaston Classic on Thursday.

5 ways India can solve unemployability in 2020

5 ways India can solve unemployability in 2020

Rediff.com2 Jan 2020

Poor quality of education is one of the most important reasons for high unemployment in India, says Kavita Nigam.

Cibulkova too good for Sharapova

Cibulkova too good for Sharapova

Rediff.com2 Jun 2009

Maria Sharapova's Grand Slam comeback ended in the French Open quarter-finals on Tuesday after she was demolished 6-0, 6-2 by Slovak Dominika Cibulkova.

Sharapova digs deep to advance

Sharapova digs deep to advance

Rediff.com27 May 2009

Maria Sharapova came back from a break down in the decider to book her place in the third round of the French Open with a 6-2, 1-6, 8-6 victory over fellow Russian and 11th seed Nadia Petrova on Wednesday.

Quarantine hotels: It's business unusual

Quarantine hotels: It's business unusual

Rediff.com24 Apr 2020

Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.

Pay up before the auction action begins

Pay up before the auction action begins

Rediff.com9 Sep 2008

Home loan borrowers perpetually worry about the consequences of defaulting. And whether they wish it or not, there could be situations where they are forced to do so. For instance, after the Mumbai bomb blasts on July 11 2006, a large number of affected families found themselves in deep financial trouble leading to difficulties in servicing their home loans

US Open: Serena enters 3rd round; Muguruza knocked out

US Open: Serena enters 3rd round; Muguruza knocked out

Rediff.com4 Sep 2020

Images from matches played on Day 4 at the US Open at the Flushing Meadows in New York on Thursday.

The 15 richest fictional characters

The 15 richest fictional characters

Rediff.com23 Dec 2008

The Forbes annual ranking of fiction's richest.

De Villiers returns to lead South Africa in ODIs

De Villiers returns to lead South Africa in ODIs

Rediff.com23 Jan 2017

South Africa have recalled fit-again batsman AB de Villiers to captain their one-day international side in the five-match home series against Sri Lanka.

US: 30,000 jobs gone and still counting

US: 30,000 jobs gone and still counting

Rediff.com8 Dec 2008

The whopping numbers are just a continuation of a strained labor market as employers in America slashed 5,33,000 jobs in the month of November, the maximum downsizing in 34 years. Right from telecom giant AT&T to battered banking major Credit Suisse to steel maker ArcelorMittal, the layoffs are spread across the sectors, amid the worst financial turmoil since the Great Depression of 1930s.

HSBC to cut 500 jobs, Credit Suisse to lay off 650

HSBC to cut 500 jobs, Credit Suisse to lay off 650

Rediff.com2 Dec 2008

According to the Financial Times, Credit Suisse will be trimming its workforce by 10 per cent leading to job loss for 650 employees, while HSBC said it was slashing 500 jobs. Credit Suisse has been impacted by the loan writedowns, which has led to two quarters of losses for Switzerland's second-largest bank this year, the report said.

United's Carrick out for up to a month: Reports

United's Carrick out for up to a month: Reports

Rediff.com24 Jan 2014

Manchester United midfielder Michael Carrick is likely to be out for up to a month with an ankle injury in a further blow to the troubled Premier League champions, British media reported on Friday.

Who can handle crisis better? Find out

Who can handle crisis better? Find out

Rediff.com19 Nov 2008

Employees with higher emotional intelligence are better equipped to handle internal changes in companies especially in the times of recession where various cost-cutting measures such as job slashes and layoffs are becoming the norm, according to a new survey.

SEC guns for billionaire Mark Cuban

SEC guns for billionaire Mark Cuban

Rediff.com18 Nov 2008

Cuban faces insider trading charges for avoiding a $750,000 loss on an investment in an Internet search company.

IT industry will come out stronger: Infy

IT industry will come out stronger: Infy

Rediff.com17 Nov 2008

"There will be no layoffs in the Indian context and, as said before, we will be recruiting 25,000 people gross. We will make our people prepared for the upturn, which will happen. We are focusing on recruiting people and training them. We are focusing on education as this is a great opportunity to make a positive brand and image for the company. We are still seeing opportunities in the market," said Kris Gopalakrishnan, CEO, Infosys.

Chelsea go second, Villa falter

Chelsea go second, Villa falter

Rediff.com16 Mar 2009

Chelsea's rapid improvement under coach Guus Hiddink continued on Sunday when Michael Essien's goal earned a 1-0 home win over Manchester City which moved them back into second place in the Premier League. Essien, recently back from a long layoff with a knee injury, beat City keeper Shay Given in the 18th minute to seal the victory that left Chelsea four points behind leaders Manchester United who lost 4-1 at home to Liverpool on Saturday.

La Liga: Ronaldo scores as Real win at Levante

La Liga: Ronaldo scores as Real win at Levante

Rediff.com3 Mar 2016

Cristiano Ronaldo netted a first-half penalty as injury-depleted Real Madrid recovered from their derby defeat by Atletico Madrid at the weekend with a 3-1 win at Levante on Wednesday.

America's fastest-changing cities

America's fastest-changing cities

Rediff.com25 Feb 2009

Residents in these 10 spots are experiencing the most economic upheaval.

Oram, Ryder back in Twenty20 squad

Oram, Ryder back in Twenty20 squad

Rediff.com21 Feb 2009

New Zealand on Saturday recalled Jacob Oram and Jesse Ryder for the two Twenty20 internationals against India next week, while also naming fast bowler Ewen Thompson in the 13-member squad. The first match is scheduled for February 25 at the AMI Park in Christchurch while the second will be played at Wellington on February 27.

'India to see single-digit salary hike'

'India to see single-digit salary hike'

Rediff.com20 Feb 2009

India Inc will see single-digit salary increases for the first time in six years and the salary increase projections may fall even further in the coming months, says a report by HR consultants Hewitt Associates.

It's like a second career: Sharapova

It's like a second career: Sharapova

Rediff.com30 Sep 2009

Former world number one Maria Sharapova is once again trying to hit the fur off tennis balls but admits she may no longer be feared.

Rio Games: Ethiopia's Ayana shatters world record to win 10,000m

Rio Games: Ethiopia's Ayana shatters world record to win 10,000m

Rediff.com12 Aug 2016

Ethiopia's Almaz Ayana smashed the world record to win the Olympic 10,000 metres title on Friday, blowing away the competition in one of the greatest ever long-distance races at the Games.

Simmons hits 282 vs England

Simmons hits 282 vs England

Rediff.com31 Jan 2009

Lendl Simmons made a career-best 282 to lift West Indies A to 574 for eight declared against the touring England side on the second day of the three-day tour match in St.Kitts on Friday. Trinidad and Tobago batsman Simmons resumed on 171 overnight and added a further 111 before he was out lbw to Ryan Sidebottom, the left-arm seamer's first wicket since coming back from a six month injury layoff.

Sania to face Domachowska in round 1

Sania to face Domachowska in round 1

Rediff.com16 Jan 2009

Sania Mirza will kick off her Australian Open campaign with a first round match against Marta Domachowska of Poland and might run into 10th seed Nadia Petrova if she clears the hurdle in the first Grand Slam of the year. Ranked a lowly 107th after her long injury layoff, Sania would take on world number 61 Domachowska hoping to get past the player who beat her in their only previous meeting in a hard-court tournament back in 2003.