workforce
- Middle East
Israel sees decline in hi-tech workforce for first time in decade: report
Jerusalem: The number of employees in the Israeli hi-tech sector recorded its first decline in a decade in 2024, according to a report published by the Israel Innovation Authority on Monday. According…
- Business
Indian businesses to prioritise employee financial well-being in 2025: Report
Bengaluru: As India’s businesses maintain steady economic growth, prioritising employee financial well-being — flexible pay models, salary-linked financial support, and personalised benefits — has become the key focus for HR and payroll…
- Middle East
Saudi Arabia introduces national policy to eliminate forced labour
In a historic move, the Kingdom of Saudi Arabia’s Ministry of Human Resources and Social Development (MoHRSD) has announced the introduction of a National Policy aimed at eliminating forced labour. The policy…
- India
Turn towards Indian talent for sourcing workforce: EAM Jaishankar to friendly nations
New Delhi: External Affairs Minister S Jaishankar on Monday said the need for a “well-trained workforce” in different geographies is only going to grow further, and urged friendly nations to turn towards…
- Business
Paramount Global to cut 15 per cent of US workforce
Los Angeles: Media conglomerate Paramount Global announced that it will cut 15 per cent of its US-based workforce, or about 2,000 jobs, as part of a broader cost-cutting plan. The cuts will…
- Business
Global robotics workforce to grow over 10 pc by 2032: Report
New Delhi: Employment in the STEM (science, technology, engineering and maths) robotics industry is expected to grow 10.8 per cent by 2032, according to a report on Monday. The report by fintech…
- News
Participation of women in workforce is a constitutional entitlement: SC
New Delhi: Observing that the participation of women in the workforce is not a matter of privilege, but a constitutional entitlement, the Supreme Court has ordered the Himachal Pradesh Government to form…
- Business
Musk’s Tesla announces to cut over 10% of its global workforce
San Francisco: Elon Musk-run Tesla has announced to lay off more than 10 per cent of its global workforce in an internal company-wide email, a media report said on Monday. In the…
- Business
EV startup Fisker to lay off 15 pc of workforce amid cash crunch
San Francisco: Electric vehicle (EV) startup Fisker is laying off at least 15 per cent of its workforce, as its current resources are “insufficient to satisfy its requirements over the next 12…
- Business
94 pc of Indian firms plan to boost workers’ skills, abilities this year: Report
New Delhi: About 94 per cent of Indian companies plan to enhance their employees’ skills and abilities, and 53 per cent are looking to provide online training and development programmes in 2024,…
- Business
Fashiontech startup Blissclub lays off nearly 18% workforce to cut costs: Report
New Delhi: Direct-to-consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel…
- Business
Wayfair to slash 1,650 jobs from its global workforce
San Francisco: E-commerce company Wayfair has announced to lay off 1,650 employees, or 13 per cent of its workforce globally, to reduce costs. The latest job cuts are expected to provide the…
- Business
Amazon reduces nearly 5% of workforce at its Buy with Prime unit
San Francisco: Amazon has said that it is laying off nearly 5 per cent of its workforce at its Buy with Prime unit, the media reported. The latest job cut will include…
- Business
Hiring for blue-collar workforce in India up 7.4% in 2023
New Delhi: The blue-collar workforce in India saw a rise of 7.4 per cent in hiring in 2023 and logistics, construction and real estate, tourism and hospitality emerged as the top sectors…
- India
Women participation in workforce rose to 37 pc in FY’23: Union minister
Bhubaneswar: The participation of women in the country’s workforce increased to 37 per cent in the 2022-23 fiscal, Union Education Minister Dharmendra Pradhan said. Speaking at the ‘Rozgar Mela’ here, Pradhan said the…
