Wednesday, July 6, 2022

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Job Loss

Netflix lays off 300 employees in the second round of job cuts amidst falling subscriptions

Netflix has laid off 300 employees or 4 per cent of its workforce amidst slowing growth revenue.

West Bengal: TMC backed electricity board employees’ union asks private IT company to cancel appointment of a man ‘because he belongs to RSS’

TMC backed West Bengal State Electricity Board Employees' Union asks IT company Cosyn to not appoint RSS worker

Adani group shuts logistics park in Punjab due to seven-month blockade by farmer protesters, buys land in UP for data centre

After both state govt and high court failed to lift the blockade, Adani Logistics Ltd decided to shut the logistics park in Ludhiana, Punjab

UAE punishes Pakistan for not relenting on its anti-Israel stand? Pakistanis lose 3,000 jobs in a week after visa ban: Read details

While the visa ban by UAE was initially limited to tourist visas, it was later extended to employment and work visas for Pakistan

Over 250 shops closed and roads blocked since December: Shaheen Bagh protest cause loss of Rs 150 crores, per reports

250 Retail stores and commercial outlets have been shut for the past two and a half months, owing to the protests at Shaheen Bagh

Supreme Court judgments have led to 23 lakh job losses in the mining sector, says Federation of Indian Mining Industries

Federation of Indian Mining Industries (FIMI) stated that some SC judgments have led to job loss of 23 lakh people, both direct and indirect, in the mining sector, excluding petroleum and natural gas

Zomato to lay off 541 more employees, a total of 600 people fired since August

Zomato, which seems to be fighting a losing battle against its customers and partners, has also been at the loggerheads with the National Restaurant Association of India (NRAI) over deep discounts in its fine-dining Gold programme.

Parle responds to reports of 10,000 potential job losses, says no job loss yet, definite slowdown but issue blown out of proportion

The basic biscuits segment at Parle Products is seeing a decline in sales by 7-8 per cent. However, the company says no job losses yet.

CMIE, that has ties to P Chidambaram and fear-mongered about ‘unemployment in India’ was a part of Congress Manifesto Committee

The Congress party released its 2019 Lok Sabha Election Manifesto with much fanfare on Tuesday, the 2nd of April 2019.

BJP holds a top level meeting on job creation – leaked transcript

Sources reveal that a top-level BJP meeting held a few months back to discuss the impact of media narrative of ‘no jobs’ and find ways to counter it despite data showing that the Modi government creating almost 15 million jobs every year

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