Job Losses News

Companies

Jaguar Land Rover to cut 2,000 jobs globally

JLR, owned by India's Tata Motors, said earlier that its Land Rover brand will launch six fully electric models over the next five years, with the first in 2024Tata Motors posted three straight quarters of losses

1 min read18 Feb 2021
News

COVID-19 impact: 8.7 lakh expats return to Kerala; half of them due to job loss

The second biggest reason cited by the returnees was their job visas and the rest include senior citizens, or children, and family members of expatsErnakulam had maximum number of returnees overall at 2,48,113, followed by Thiruvananthapuram with 1,66,806

4 min read7 Jan 2021
News

Urban unemployment falls sharply, rural job loss rate largely unchanged: CMIE

Job loss rate across India was 17.51% in the week ended 7 June compared with 20.19% in the week ended 31 May. The rural unemployment rate improved marginally to 17.71% in the week ended 7 June from 17.92% in the week earlier

2 min read8 Jun 2020
Money

Covid-19 could lead to increased demand for rental units

According to a report, Mumbai has the highest number of vacant homes in the country at five lakh, followed by Delhi and Bengaluru.The pandemic has created a lot of questions marks about the economy and jobs.

2 min read3 Jun 2020
Opinion

Opinion | Wage cuts are better than layoffs to combat covid crisis

The Centre should announce a 30% pay cut for everyone to deal with the economic crisis. This would spread the burden equitably, stop job losses and mitigate a collapse in demand

4 min read30 Apr 2020
Opinion

Opinion | India Inc needs support to sustain employment

Indian companies are huge employers but are falling short of money to keep paying salaries. To minimize job losses and prevent a crash in consumption, they need help

3 min read30 Apr 2020
Companies

Tata Steel set to cut 2500 jobs across Europe

The majority of these jobs are expected to be culled from the steel mills in the NetherlandsThe job losses will lead to cost saving of $930 million for the company

1 min read22 Oct 2019
Auto News

Amid prolonged slowdown, auto sector witnesses massive job losses

Around 40,000-50,000 workers in the Gurugram-Manesar auto belt have been retrenchedThe downtrend has trickled down to the logistics sector as lower vehicle production has drastically hit the utilization of trucks

4 min read8 Aug 2019
Opinion

Opinion | Let’s look at employment through a livelihood lens

The lack of guarantee of a stable income with social security has devastating consequences

4 min read19 Apr 2019
Industry

Tighter e-commerce norms may lead to short-term job losses

There may be job losses lasting up to six months as companies work their way around the guidelines, say analysts

4 min read29 Dec 2018
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