Page 6 - Jobs And Employees

Thyssenkrupp slashes another 5,000 jobs to 'stop the bleeding'

The group remains in crisis and CEO Martina Merz said more painful restructuring will be needed to stop burning cash.

India Inc hands out an austerity parcel to employees this festive season

With contactless exchanges becoming the new normal, companies are preferring e-gifting options.

IBC rule on personal guarantees no help to promoters blaming managers

Payment of bank loans by a company is an obligation under the contract law and fraud by professionals is a criminal matter, says government official.

Axis Bank launches 'Gig-a-Opportunities' to hire up to 1,000 in a year

Axis Bank has plans to employ nearly 1,000 people under its new hiring initiative 'Gig-a-Opportunities', a model devised to attract skilled talent that can work with the bank remotely

HR dept has its work cut out as companies manage layoffs, work from home

Inducting new employees virtually and deciding about earned leave: HR managers have lots of decisions to make.

India's services activity stayed in deep contraction in June: PMI

June was the fourth straight month the index was sub-50, the longest such stretch since a ten-month run to April 2014

Job confidence, not tax cuts, will help boost consumption spend: DBS

The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.

Hiring by American employers shoots up in August, says ADP report

However, the figures come a day before a much more closely watched government report and the two are frequently out of step

Jobs grew at medium and large companies, but at a slow pace: Study

The study, carried out by CARE Ratings, is based on annual reports of 969 medium and large companies