Tag Archives: losses

India creates 29 lakh fewer jobs in FY20

According to the SBI Ecowrap report, India creates 29 lakh fewer jobs in FY20. The corona pandemic and economic slowdown impacted job creation in the country. The research conducted by SBI shows that India creates 29 lakh fewer payrolls in … Continue reading

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Tata Motors plans to remove 1100 jobs after losses in earnings

After observing losses in their units, Tata Motors plans to remove 1100 jobs. This decision is taken after its luxury unit at Jaguar Landrover raised the cost-cutting target. This is due to the impact of the coronavirus outbreak. The target … Continue reading

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Layoffs of USCIS officials and reduction in hiring by US companies will impact Indian techies a lot

In the current situation, the US companies have reduced hiring to a greater extent. The officials who process visas are also being furloughed. Both these things can have adverse effects on the Indian techies who wants to go to the … Continue reading

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Swiggy has announced layoffs for 1100 employees, which is 13% of its total employees

COVID-19 has had its impact on almost everything, starting from the economy to the jobs. Irrespective of the industry, there were economic losses and job cuts. These were necessary by the companies in order to survive these tough times. Recently, … Continue reading

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