Page 39 - Jobs

Fair to furlough? Britain's massive job-saving plan prompts pushback

While more than half of UK companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where it's not needed.

Over 15 million jobs at stake unless package announced immediately: FIEO

Need interest free loans, limited opening of manufacturing units soon, the Federation of Indian Export Organisations said

Around 80,000 jobs expected to be cut due to coronavirus lockdown: Report

The expectation of retrenchment of 20 per cent of employees by those featured in the survey amounts to 78,592 people.

Govt amends Apr 1 order, reserves all domiciles' jobs in Jammu and Kashmir

In the April 1 notification, the jobs were reserved only upto group 4 in the government

30.8 mn in tourism, hospitality may lose jobs because of coronavirus

The coronavirus impact could render 3.8 crore people jobless, which is around 70 per cent of the total workforce in the tourism and hospitality sector, according to a grouping. The Federation of Associations in Indian Tourism & Hospitality (FAITH) also said there should be a support fund for twelve months to support basic salaries with "direct transfer" to the affected tourism employees. "As a result of this pandemic, Indian tourism industry is looking at pan India bankruptcies, closure of businesses and mass unemployment," FAITH said in a letter to Prime Minister Narendra Modi. It is believed that around 70 per cent out of a total 5.5 crore workforce could get unemployed, which is around 3.8 crore people. This effect of job losses and layoffs has already begun throughout the country, it added. The figure is for direct as well as indirect jobs. "A large percentage of total tourism business activity of India, which is estimated at USD 28 billion+ in forex and upwards of Rs 2 lakh .

Coronavirus wrap: Exams deferred, soldiers on alert, Ramdev claim blasted

Prime Minister Narendra Modi will speak to the nation on Thursday evening about the coronavirus crisis. Here is all the important news about Covid-19 from Wednesday

Coronavirus could destroy up to 25 million jobs globally: Labour body

The organization called for urgent, large-scale and coordinated measures to protect workers in the workplace, stimulate the economy and support jobs and incomes

Searching for a turnaround push, Tata Steel Europe may cut 1250 jobs

It had in November decided to cut 3,000 jobs across its European business

Average stipend for summer internships at IIM Shillong jumps 17%

68 firms participated in the process this time, from domains such as consulting & strategy, finance, general management, human resources, operations, and sales & marketing

Why should women who are enthusiastic to join workforce exit labour mkts?

Labour force participation rate among young women in the age bracket 20-24 years was 14.3 per cent in the September-December 2019 period

Women in business can generate 170 mn jobs in India by 2030: Report

This is more than 25% of the new jobs required for the entire working-age population by 2030

IIM-Calcutta average salary offer for top 10% students hits all-time high

Taking Average salary offer for top 10% students at IIM-Calcutta hits all time high

State govt not bound to provide reservations in jobs and promotions: SC

"No mandamus can be issued by the court directing the state government to provide reservations," the bench said in its verdict

Public cloud computing can add 240,000 jobs to economy by 2023: Report

The business efficiencies and growth resulting from public cloud deployments have the potential to generate up to 2.4 lakh jobs

Unemployment rate was at 6.1% in 2017-18, says govt citing new survey

Gangwar said the government has stopped the previous survey as the sample size was low

Over 683,000 vacant posts in central govt departments: Personnel Ministry

A highest of 1,16,391 recommendations were made by the RRB, 13,995 by SSC and 4,399 by UPSC

IIM Lucknow clocks 100% placements; Rs 58.47 lakh international job offer

More than 140 domestic and international companies attended the recruitment drive for 443 students of the 34 batch of the institute.

Global unemployment projected to rise by around 2.5 mn in 2020: UN report

Not enough new jobs are being generated to absorb new entrants to the labour market, the report said

Amazon top recruiter as IIM Kozhikode wraps up summer placements

In all, 131 companies extended offers to 462 students with the highest stipend pegged at Rs 320,000 for the two-month internship

Falling net fixed asset growth to impact job creation by corporate sector

At a macro-level, the Indian corporate sector has stopped investing into new capacities for all practical purposes