Page 8 - Job Loss

Ferro-alloy industry stares at sizeable job loss as mines shut down

Demand-supply mismatch could further affect domestic steel production

Reduction of handset export incentives to 2% will lead to job losses: ICEA

Mobile handset exports grew over eightfold to Rs 11,200 crore in 2018-19

Tata Steel confirms 3,000 job cuts in Europe, 1,000 of those in UK

The job cuts had been announced by Tata Steel last week as part of a wider transformation programme

Urban jobless rate down to 9.3% in Q4FY19, lowest in at least four quarters

The fall in the unemployment rate, by weekly status methodology basis, came as employment among regular wage employees and a section of self-employed workers increased during the period

Tata Steel to cut 3,000 European jobs due to excess supply, high costs

The company says there will be no plant closures; the aim is to ensure long-term future

Farmers, joblessness top agenda in Cong's Maharashtra, Haryana poll pitch

The opposition party claimed the government is on its way out due to "slowdown and lockdown"

Corporates find ways to break layoff news without breaking employee morale

There might be many humane examples of companies parting ways with their talent

Best of BS Opinion: Job crisis in rural India and need for peace in Kashmir

Rural India is witnessing the highest labour participation rate in over a year, but it is not finding jobs

Massive job losses reveal India is failing to reap its demographic dividend

With unemployment at a 45-year high, poor health and low levels of education, India's demographic dividend is at risk

Govt's silence dangerous: Priyanka on reports of threat to 1 mn auto jobs

Priyanka Gandhi tagged the media report on Twitter which said auto parts industry is fearing that 1 million jobs could be at stake due to the slowdown

Deutsche Bank's 18,000 job cuts tip of the iceberg for the finance industry

The so-called fintech revolution, where outsiders are taking over the traditional activities of established players (like payments, lending, depository) is the pinnacle of a new financial order

Alibaba's Jack Ma sees decades of pain as AI, robots upend old economy

He warned that longer lifespans and AI would lead to both ageing labour forces and fewer jobs

Game plan to deal with job loss

Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase