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Strong demographic trend a structural positive for India: Morgan...
India’s demographic trend of a younger workforce positions it positively as most large economies face shrinking working-age populations and tight...
EV maker Rivian to lay off 10% of staff to cut costs
Electric vehicle (EV) maker Rivian has announced to lay off approximately 10 per cent of its salaried workforce in a bid to cut costs
EPFO adds 15.62 lakh net members in Dec 2023 as employment rises
EPFO’s data released on Tuesday highlighted that 15.62 lakh net members have been added to the employment payroll in December, 2023 which is highest...
Nike to slash over 1,600 jobs to cut costs
Sportswear giant Nike has said that it will lay off about two per cent of its workforce or more than 1,600 employees in order to cut costs
Cisco to let go over 4,000 workers in restructuring exercise
Global networking giant Cisco has announced that it plans to lay off 5 per cent of its global workforce, amounting to thousands of employees, as part...
Licious lays off 3% of its workforce amid restructuring exercise
Direct-to-consumer (D2C) foodtech platform Licious is laying off nearly 3 per cent of its workforce, around 80 employees, as part of a restructuring...
Car-sharing firm Getaround cuts 30% of jobs as part of restructuring
US-based car-sharing company Getaround, which helps vehicle owners rent out their cars, trucks and SUVs to other peers, has announced to lay off 30...
DocuSign in rejig mode
San Francisco: US-based e-signature software company DocuSign has announced to lay off around 6 per cent of its workforce as part of its restructuring...