Showing results for "#Layoff"
Lebanese banks witness mass layoff
As the continuing economic crisis heightened by the Covid-19 pandemic was deepening, banks in Lebanon were witnessing mass layoffs.
Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two...
Uber to cut 3,000 more jobs amid COVID-19 pandemic
Along with the 3,700 jobs the company announced to cut earlier this month, the San Francisco-based ride-hailing company is laying off 25 per cent of...
3 million more US layoffs intensify fears of lasting damage
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink...
Fitness group cure.fit lays off employees, mulls all-digital move:...
Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness...
Job loss, pay cuts worry Indians the most during lockdown: Survey
Early estimates indicate that millions of jobs are at stake in India and urban unemployment rate has soared to 30.9 per cent.
Handle COVID-19 layoffs with compassion during social distancing
About 40 crore workers in India working in the informal economy are at risk of falling deeper into poverty during the COVID-19 pandemic crisis,...
Employers can layoff, retrench workers during natural calamity
As per the provisions of the Industrial Disputes Act, 1947, it will be lawful for the employer to retrench workers or employees at any time after the...