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Economy

Layoffs in 2024: a list of companies cutting jobs this year

The layoffs are expected to be smaller and more targeted than those in 2023.

6 min read15 Apr 2024
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News

Nippon Steel Pledges No Layoffs Before 2026 in US Steel Bid

Nippon Steel Corp. made what it calls a formal commitment on spending and jobs to the United Steelworkers union, backing up a pledge made in an earlier meeting as the Japanese steelmaker looks to build support for its $14.1 billion acquisition of United States Steel Corp.

3 min read2 Apr 2024
News

Unemployment crisis: 83% of jobless Indians are youth, says International Labour Organisation Report

As per the ILO report, the proportion of educated youth (with at least secondary education), who are unemployed, has nearly doubled to 65.7 percent in 2022 from 35.2 percent in 2000.

4 min read27 Mar 2024
News

UK Stands to Lose 8 Million Jobs From AI, Analysis Warns

As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned.

3 min read27 Mar 2024
Companies

‘Come with stories, talk about imperfections…’ ex-Google recruiter on how to approach job interviews

Recruiter Nolan Church also believes that one should be open about past mistakes during interviews, and share stories of failures and subsequent growth. This he says demonstrates strength and resilience.

2 min read25 Mar 2024
News

Lucknow Airport: T3 Phase 1 to provide 13,000 direct and indirect jobs, says Karan Adani

Integrated T3 of the Chaudhary Charan Singh International Airport (CCSIA) in Lucknow was virtually inaugurated by Prime Minister Narendra Modi on March 10

2 min read11 Mar 2024
Companies

Kerala government job creation: ₹1,520.69 crore investment yields 5,839 jobs in 8 years, shows RTI

Kerala government's investment of ₹1,520.69 crore created 5,839 jobs in companies with ₹5 crore turnover, as per an RTI response. An activist raised concerns over the effectiveness of government assistance schemes and called for a comprehensive review and modification of strategies.

1 min read6 Mar 2024
Economy

Why Teachers Are Still Leaving the Profession

Turnover is down from its peak in 2022, but remains higher than normal, new data show.

4 min read4 Mar 2024
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Companies

Cisco to cut 5% of workforce affecting over 4,000 jobs, adjusts revenue lower

Cisco Systems plans to cut 5% of its workforce or over 4,000 jobs, due to weak demand and a tough economy. The company also lowered its annual revenue target.

2 min read15 Feb 2024

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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