workforce
- 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…
- Business
Chingari fires up to 50% of workforce in 2nd job cut round in 2 months
New Delhi: Homegrown short-video making platform Chingari has laid off up to 50 per cent of its workforce in its second round of job cuts in just two months amid fund scarcity,…
- Technology
Cyber security firm SecureWorks to lay off 15% of its workforce
San Francisco: Cyber-security company SecureWorks has announced to lay off 15 per cent of its workforce, in its second round of job cuts this year. In a regulatory filing with the US…
- Technology
Tech careers not promoted at schools, colleges: India’s young workforce
New Delhi: Nearly 46 per cent of young professionals reported that tech careers were not promoted much to them during early education at schools or colleges, with that figure rising to 50…
- Business
George Soros’ foundation lays off 40% of workforce
New York: George Soros’ Open Society Foundations will lay off at least 40 per cent of its staff amonth after the 92-year-old announced he handed the reins of the multi-billion-dollar foundation to…
- World
New work-hour cap for student visa holders in Australia puts employers in fix
The decision to reintroduce a cap on working hours for student visa holders has created a dilemma for employers in Australia. The move is likely to make it more challenging for them…
- Technology
Ride-hailing & food delivery app Grab slashes 1,000 jobs
Singapore: Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is slashing 1,000 jobs, about 11 per cent of its workforce. According to Grab CEO Anthony Tan, the move is to…
- Technology
Short video app Chingari lays off 20% of workforce amid restructuring
New Delhi: Homegrown short-video making platform Chingari has laid off 20 percent of its workforce as part of organisational restructuring. In a statement to IANS, the company spokesperson said that it was…
- Technology
Audio tech firm Sonos lays off 7% of workforce
San Francisco: US-based high-tech speaker and audio technology company Sonos has announced to cut seven percent of its workforce or roughly 130 employees, amid challenging economic conditions. The company also said that…