Job Losses

Every One in Four Indians Surveyed Concerned About Threat of Job Layoff: Survey

Over 58,000 employees with 190 companies have lost thier jobs in the first 25 days of Jaunary, marking a stressful start of 2023.  

Jan 25, 2023, 16:57 PM IST

Over 15,000 tech workers lost jobs in May globally; Worrying signs for IT employees?

Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally. 

May 28, 2022, 11:03 AM IST

Six out of 10 people may lose jobs to machines by 2025

While nearly 40 percent of workers globally think they would lose their jobs in five years, 56 percent feel that fewer people would obtain long-term employment in the future, the survey showed. More than 60 percent demanded that governments must work to protect their jobs.

Apr 03, 2021, 16:36 PM IST

Brexit: 1.2 mn job losses if UK leaves without a deal, says Belgium minister

The European Union could lose 1.2 million jobs if Britain leaves the bloc without a deal, Belgium`s economy minister said Friday, warning that his own country would suffer a "catastrophic" impact.

Oct 20, 2017, 18:32 PM IST

IT sector layoffs: Prasad dismisses reports as 'motivated'

IT Minister Ravi Shankar Prasad today dismissed reports of large-scale job losses at Indian IT firms, calling them "motivated".

Jun 16, 2017, 19:44 PM IST

Reports of job losses overstated, to hire 20K this year: Infosys

IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".

Jun 02, 2017, 18:05 PM IST

IT workers fora flay steep hike in top executives compensation

Two IT employee groups have flayed the steep hike in compensation awarded to top executives of Infosys, terming the move by the software giant as "painful" amid job losses in the industry.

May 24, 2017, 14:08 PM IST