Tata Steel Europe's current production capacity stands at 12.5 million tonne and it has 21,000 employees
Tata Steel on Monday said it planned to cut 3,000 jobs at its European operations, as the sector wrestles with excess supply, weak demand and high costs.
The company says there will be no plant closures; the aim is to ensure long-term future
'It's going to happen again and again and again every five years,' said Pai
As soon as you detect straws in the wind-peers receiving the pink slip, projects getting shelved, etc.-start preparing for the worst
There might be many humane examples of companies parting ways with their talent
The worst-hit is the passenger car segment. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi
Deutsche Bank boss says scolded staff for suit fitting amid layoffs
The IT sector in India is currently undergoing a major transition
Indian start-ups let go of at least 9,200 employees last year, in comparison to 5,500 in 2015