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Fired, but not left stranded: A new plot in the layoffs story

Layoffs are the big story now, and it's never a good day to lose your job. But there's a now a side story to it.

LG Electronics India

07 June, 2020, 10:47 AM IST

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India coronavirus count jumps by over 5,600 in past 24 hours

Maharashtra reported more than 2,000 cases for the fourth day on run. Mumbai continued to be the biggest contributor with 60% of these cases. The state's total cases have now neared 40,000, accounting for almost 40% of the country’s cumulative tally. Tamil Nadu crossed the 13,000-mark, taking the state tally to 13,191 — second highest in India after Maharashtra.

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A Bloomberg survey of economists estimates a 1.9% contraction in GDP in the curre...

  • A United Nations University study estimates that 104 mn Indians could fall below the World Bank-determined poverty line of $3.2 a day for lower-middle-income countries but the picture of where the Indian economy is headed should be a bit clearer tomorrow when the GDP data comes out.

    The nationwide tally of confirmed COVID-19 cases crossed 85,000 on Friday with more people testing positive for the deadly virus infection f...

    The Bengaluru-based company has received approval from the Drug Controller General of India to conduct trials of favipiravir in the country, Strides Founder and Non-Executive Chairman Arun Kumar said on a post-earnings conference call, without giving any more details.

    Those who are allowed to visit India are: foreign businessmen coming to India on a business visa (other than on B-3 visa for sports) in non-scheduled commercial and chartered flights. Foreign healthcare professionals, health researchers, engineers and technicians who wish to come for technical work at Indian health sector facilities, including laboratories and factories.

    Reddy, who is likely to join next month, is moving from Uber, where she was the regional HR director for APAC. She had joined Uber in 2017 as the chief people officer for India and South Asia region. She has about 20 years of experience in the field of HR, of which she worked with American Express for nearly 12 years. She has also worked with HR consulting firm Aon and Cognizant Technology.

    The total number of coronavirus infections in India rose to 1,51,767 in the past 24 hours, according to Union Health ministry's latest update.

    India is facing an unprecedented economic crisis, where some of the safe and traditional jobs are under the threat of being axed even as India breached the 2 lakh mark, with the highest spike of nearly 9000 cases in a day. Tough times ahead.

    On Tuesday, Coronavirus cases in India grew at a slower rate as compared to the previous two days nearing the 75000-mark. With 3,525 fresh c...

    Despite the lockdown drying out cash flows, Renault India Private Limited (RIPL) has gone ahead with promotions of over 30 executives and a raise for 250 employees effective August of 2020. Riding on Triber MPV's success and a small SUV lined up for the festive season, the company wants to ensure the morale of its staff is high to sustain the momentum.

    Five Air India officials test positive for Coronavirus. They had undertaken cargo flights to China: Air India Sources.TIMES NOW's Herman wit...

    Except keeping schools, colleges, movie halls, the panels want lifting all other lockdown curbs.

    The median forecast from a Reuters poll of economists put annual economic growth at 2.1% in the March quarter, lower than 4.7% in the December quarter. Forecasts ranged between +4.5% and -1.5%. Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

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