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India's Unemployment Rate To Decline 97 Basis Points By 2028, ORF Report Says

India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said on Tuesday. Unemployment rate -- the ...

7000 Job Cuts: Disney Begins First Round Of 7000 Likely Job Cuts

Walt Disney Co. has begun the first of what is expected to be 7,000 job cuts, a key part of a $5.5 billion savings drive the company announced in February, according to a Bloomberg report. The first group of employees ...

Accenture To Cut 19,000 Jobs, Trim Forecast

As mass layoffs at leading tech companies continue globally, IT services provider Accenture announced on Thursday that it would reduce its annual revenue and profit projections and lay off about 2.5 per cent of its workforce, or about 19,000 workers. With ...

'Amazon' Announces 9,000 Job Cuts

Amazon announced on Monday it will lay off 9, 000 corporate and technology workers, eliminating jobs in addition to the 18,000 job cuts undertaken by the company in the last few months. "As we've just concluded the second phase of our ...

Facebook's Parent 'Meta' To Fire Another 10,000 People To Improve Its Financial Performance

Facebook's parent company Meta announced on Tuesday it will fire another 10,000 people, implementing a second round of jobs cuts after it slashed 11,000 positions in November last year, to improve its financial performance in a "difficult environment". Meta founder Mark ...

Big Tech 'Job' Cuts Keep Coming; Zoom Latest To Trim Headcount

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn't appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs. Large ...

Every One In Four Indians Surveyed Concerned About Threat Of 'Job Layoff': Survey

Every one in four Indians is concerned about the threat of job layoff while three out of four are worried about rising inflation yet half of them believe that the country's economy will grow in 2023, according to a survey by ...

Survey: Firms Expect Job Cuts In 23 Amid Recession Fears

A survey of national economists found that more businesses now expect job reductions at their firms and to spend less on expansions for the first time since the pandemic, a sign that the Federal Reserve's push to raise interest rates is ...

TN Retains Investment Destination, Tag In 2022 With Rs 1 Lakh Crore Investments

Often billed as a favoured investment destination, Tamil Nadu managed to garner over Rs 1 lakh crore investments committed by various companies in 2022, a year that brought both challenges and opportunities to the southern state.It faced the challenge arising out ...

New Study Finds That It Takes 32 Days, For Companies To Hire A Candidate

A recent study by Oorwin, an AI-enabled ATS and Talent Intelligence Platform, found that the average time companies take to hire a candidate is 32 days. The study also revealed that the average time to reject a candidate is 16 days. ...

Govt Targets To Cross 1 Crore Job-Mark, From Digital Economy In Next 2 Years: Vaishnaw

The government has set a target to cross 1 crore job-mark in the next 2 years in three main segments of digital economy -- electronics, startups and IT, and IT-enabled services, minister for IT and Communications Ashwini Vaishnaw said on Wednesday. ...

Monster.Com, To Transform Into Talent Management Firm, Be Known As Foundit.In

Job search portal Monster.com announced it would transform into a full-fledged talent management platform and be known as "foundit.in" in Asia Pacific and the Middle East with a new logo and vision from Wednesday. Monster said it has been serving more ...

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