Page 4 - Layoff

Emaar Properties slashes salaries by up to 50% amid coronavirus pandemic

The company has announced salary cut of 50 per cent for the senior management, 40 per cent for middle management and 30 per cent for junior employees.

Covid-19 crisis: Consumer internet start-ups brace for salary cuts, layoffs

Companies taking extreme steps to continue to stay afloat amid Covid-19 crisis

Indian IT firms unlikely to lay off employees amid coronavirus lockdown

With high employee utilisation level and low bench strength, Indian IT companies are in a better position to absorb the adverse impact on cost for now

Spanish govt bans layoffs, says coronavirus not an excuse to fire people

Spain has recorded a total of 64,059 confirmed cases, almost 50,000 of which are still active

Wall Street bonuses to plunge 30%, layoffs likely as Covid-19 hits markets

Johnson did not estimate cuts to specific businesses, but he said headcount could be reduced by up to 10% and could include retail divisions

BBC to cut 450 jobs in modernisation plan focused on digital journalism

BBC News has to 'reshaped' for the next decade to save money, says top official for British broadcaster.

Fresh round of layoffs at Oyo, 100-150 staff likely to be impacted

The bulk of this fresh round of layoffs will be from its cloud kitchen business, which has about 200-300 employees in India

Tata Steel Europe has no option, but to cut jobs to curtail costs: Analyst

Tata Steel Europe's current production capacity stands at 12.5 million tonne and it has 21,000 employees

Amid layoff reports, workers' unions to hold Tata Steel to its job pact

Tata Steel on Monday said it planned to cut 3,000 jobs at its European operations, as the sector wrestles with excess supply, weak demand and high costs.

Tata Steel to cut 3,000 European jobs due to excess supply, high costs

The company says there will be no plant closures; the aim is to ensure long-term future

IT companies may shed up to 40,000 mid-level employees: Mohandas Pai

'It's going to happen again and again and again every five years,' said Pai

How to prepare yourself financially when you know layoffs are coming

As soon as you detect straws in the wind-peers receiving the pink slip, projects getting shelved, etc.-start preparing for the worst

Corporates find ways to break layoff news without breaking employee morale

There might be many humane examples of companies parting ways with their talent

Auto slowdown: 286 dealers closed down in 18 months, 32,000 jobs impacted

The worst-hit is the passenger car segment. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi

Deutsche Bank boss lashes out at staff for suit fitting amid layoffs

Deutsche Bank boss says scolded staff for suit fitting amid layoffs

Here are five golden rules to overcome uncertainty of a layoff

The IT sector in India is currently undergoing a major transition

Job sites witness surge as layoff scare looms in IT, e-commerce sector

Indian start-ups let go of at least 9,200 employees last year, in comparison to 5,500 in 2015