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Unemployment rate in Canada jumps to 6.6%, highest since the pandemic
Canada's unemployment rate soars to 6.6%, the highest level since the epidemic
Amazon India generates 1.1 lakh jobs for upcoming festival season
Amazon India generates 1.1 lakh jobs for upcoming festival season
PwC plans to strictly monitor staff attendance
PwC plans to strictly monitor staff attendance
Dunzo reduces personnel by 75% to cut costs
Dunzo reduces personnel by 75% to cut costs
Goldman Sachs’ performance evaluation resulted in at least 1,300 job losses
Goldman Sachs' performance evaluation resulted in at least 1,300 job losses
Japan adopts a 4-day workweek due to a labour shortage
Japan adopts a 4-day workweek due to a labour shortage.
Apple is on a hiring spree and may employ over 6 lakh people in India by March 2025
Apple is on a hiring spree and may employ over 6 lakh people in India by March 2025
Airtel shuts down Wynk Music and absorbs staff during strategic change
Airtel shuts down Wynk Music and absorbs staff during strategic change.
FedEx to cut 2000 positions in Europe
FedEx is planning to reduce its European workforce by cutting 1,700 to 2,000 back-office and commercial positions over the next 18 months as part of its cost-reduction strategy. This move is expected to affect some of the nearly 50,000 employees in the region and could save the company between $125 million and $175 million annually starting from 2026-2027. However, the job cuts will incur costs of $250 million to $375 million in redundancy payments and related expenses. The restructuring will involve eliminating certain roles, merging teams within back-office and commercial operations, and consolidating some activities across the region into select shared activity centers. Despite these changes, FedEx assured that customer service and delivery operations will remain unaffected. The company...
Allcargo Gati to hire around 3000 staff ahead of the festive season
Allcargo Gati to hire around 3000 staff ahead of the Christmas season
IBM is cutting its personnel in China, firing off 1,000 employees
IBM is cutting its personnel in China, firing off 1,000 employees
Apple slashes 100 positions in its services division
Apple slashes 100 positions in its services division