Unemployment
Brief
Amazon has fired a jaw-dropping number of employees in the last 3 months: Hints a worst-ever economic downturn
Dazeinfo -
Amazon has decided to lay off another 9,000 employees, taking the tally of employees the internet behemoth has fired in the last 3 months to over 27,000. The company is not the only one on a firing spree, and...
Brief
C3.AI’s CEO reveals shocking truth about Meta and Google’s overhiring: Work-from-home employees had no work to do!
A majority of the employees hired by companies like Meta and Google during the Covid-19 outbreak have now been terminated. The economic slump, rising inflation, and other factors are the main causes of these massive layoffs. According to Thomas Siebel,...
Brief
Another massive layoff at Meta raises concerns about the company’s future!
The technology industry has been going through a tough phase due to the massive layoffs in the last six months. This shows no signs of abating. Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook, is reportedly planning...
Brief
The rising unemployment rate in India portrays a worrysome scenario for jobseekers
Dazeinfo -
The entire world is struggling to deal with employment issues, particularly in the technology sector. India is no exception given that it is the second-largest country in terms of population. According to the latest data from CMIE, both the...
Brief
After Apple, Tesla, Netflix, Amazon, now Meta starts laying off randomly chosen workers by an algorithm
Dazeinfo -
Last week, Facebook laid off an estimated 60 contract workers who were left stunned by learning that they were selected randomly by an algorithm. While the move clearly shows that companies are now trusting in data-driven decisions more than...
Brief
Unemployment in India: Down To 6.95% In July 2021 As Businesess Start Hiring
The unemployment in India is dropped significantly in July 2021 as businesses are slowly resuming their operations after struggling with the second wave of Covid19.
According to CMIE, the unemployment rate in India has dropped to 6.95% in July...
Brief
India’s Unemployment Rate In June 2021 Paints An Optimistic Picture For Job Seekers!
As the country is slowly, but steadily, recovering from the second wave of deadly Covid-19, businesses are resuming their operation faster than expected earlier. It has a direct impact on the unemployment rate in India, which is down to...
Brief
Job Loss In Indian IT Firms: 30 Lakh Employees Will Lose Their Jobs By 2022 [REPORT]
If you are working in an IT company in India, this may sound as a warning bells. It is high time to sharpen your skill set, failing to which you may end up losing your job.
Neatly 30 lakh IT...
Brief
Unemployment Rate In India Returns In Doubled-Digit Once Again: Worrying Future For All Jobseekers
Covid-19 has created a lot more trouble for jobseekers in India than any other pandemic ever did. As the country has seen the highest-daily new cases and deaths during the first week of May, the government imposed strict lockdown...
Brief
COVID-19 Second Wave Lands Deadly Blow On Indian Employment: 7.4 Million Jobs Lost In April
The second wave of the COVID-19 has landed a deadly blow on Indian employment!
According to the Centre of Monitoring Indian Economy (CMIE), restrictions imposed by various states coupled with the country’s economy to absorb labour force has resulted in...
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Made-In-India smartphone shipments 2022: Apple iPhone shipments grew 65% YoY by volume and 162% YoY by value [REPORT]
All major global tech companies, including Apple, Samsung, Xiaomi, and others, have established smartphone manufacturing facilities in India. These...
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