Job Loss
World  /  Published 18.05.20

US job fraud ‘gut punch’ amid layoff disaster

A group of international fraudsters appears to have mounted an immense, sophisticated attack on US unemployment systems, creating a network that has already siphoned millions of dollars in payments th...
By Mike Baker in Seattle

Business  /  Published 07.04.20

Jobless numbers soar during Covid-19 lockdown

Covid-19 has derailed the economy and along with it has left a trail of devastation on the employment front. A study by reputed think-tank CMIE showed unemployment rate in March at a 43-month high of ...
By TT Bureau in Calcutta

India  /  Published 29.02.20

Congress to Centre: Give poor money

The Congress on Saturday asked the Narendra Modi government to at least put some “money in the hands of the poor”, fearing social unrest following unprecedented unemployment and job losses caused ...
By Our Special Correspondent in New Delhi

Opinion  /  Published 20.02.20

Slow death of industrial output

One of the key indicators of India’s economic slump is the declining consumer goods production rate. As per the Index of Industrial Production, the production rate was 5 per cent in 2017-18 and fell...
By Sangeeta Karanjai

Business  /  Published 06.12.19

Auto components in distress

The auto component industry’s turnover witnessed the worst decline in the first half of the current fiscal, leading to a job loss of around 1 lakh temporary workers till July this year, industry ass...
By PTI in New Delhi


Business  /  Published 31.10.19

Cognizant to shed jobs

Cognizant Technology Solutions Corporation (Cognizant) has announced huge job cuts as part of its cost reduction efforts. The move will affect close to 13,000 jobs and India, which accounts for the bi...
By Our Special Correspondent in Mumbai

India  /  Published 20.03.19

Who is afraid of job survey?

Finance minister Arun Jaitley had on Tuesday called more than 100 academics “purported economists” and “compulsive contrarians” for issuing an appeal to restore the credibility of economic sta...
By Basant Kumar Mohanty in New Delhi

Business  /  Published 11.05.19

Thyssenkrupp on a fresh recast drive

Management and labour leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs...
By Reuters in Dussseldorf

Business  /  Published 26.05.20

Uber lays off 600

App cab aggregator Uber India is laying off 600 full-time employees, which amounts to 25 per cent of its workforce in India, because of the coronavirus pandemic. It has 2,600 employees in the country....
By Our Special Correspondent in Calcutta

Business  /  Published 13.08.19

In Calcutta, too, fallout shows in lost job

Amit (name changed on request) was a sales executive when he joined Mohan Motors in 2005.Mohan Motors was one of the leading automobile dealers in Calcutta with multiple dealerships for Hyundai, Audi,...
By Anasuya Basu in Calcutta


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