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GREAT LAYOFFS TREND
A new hire waited exactly five minutes after a 10 AM salary credit to submit a resignation email at 10:05 AM, prompting an HR executive to question whether weeks of onboarding and training deserved at least a full day's loyaltyA new employee resigned just five minutes after receiving their first salary. This incident has sparked widespread discussion about the evo...
Man lost Rs 35 LPA job in layoff season. Two years later, he is earning Rs 43,000 per month without a job. Finance expert reveals whyA finance expert shared how a friend, after losing a high-paying job, found a comfortable life in his village. By investing Rs 75 lakh in f...
Why employees sometimes hear about reorgs sideways before leaders say anything clearOrganizational reorganizations often begin with subtle shifts in operations and reporting lines, noticed by employees before official annou...
A new reality dawns on the Dubai skylineDubai’s real estate sector is currently navigating through turbulent waters due to geopolitical upheavals. Interest from entry-level buyers...
Are Indian techies losing jobs due to AI? CLSA analysts make a strong argumentDespite fears of AI-driven layoffs in India’s IT sector, CLSA analysts say hiring remains steady, and revenue per employee is rising. IT gi...
US hiring rate falls to 3.3%, matching COVID-era lows and signaling Recession fearsU.S. hiring rate fell to 3.3%, near a 13-year low, matching 2020 crisis levels. Payroll growth in 2025 was under 600,000 jobs versus a deca...
U.S. layoffs surge to 108,435 in January: Highest layoff total since 2009 recession - which sector lost the most jobs and what’s the outlook ahead?U.S. layoffs surge to 108,435 in January, highest since the 2009 recession. Announced cuts surged 118% year-over-year. The "Amazon effect" ...
Recession-like carnage in US: 1.1 million workers laid off this year in one of the biggest job purges yetThe U.S. is seeing very high layoffs in 2025 as companies cut workers more often and in smaller waves. Experts say many businesses are usin...
Hiring freeze ahead? New data points to a sharp slowdown in gob growthHiring freeze ahead? Government job growth is slowing sharply. Public-sector roles are stalling. Vacancies remain unfilled. Federal departm...
The great freeze is here: No promotions, no layoffs, no hirings, and no way outThe US job market is stuck in what experts call “The Great Freeze.” Companies are not hiring or firing much, and workers are staying in the...
Amid US job market uncertainty, Gen Z employees are embracing this unexpected trend. What are its signs?Amidst economic uncertainty and widespread layoffs, a new workplace trend called "job hugging" has emerged, where employees are holding ont...
Job retention confidence of Indian professionals plummets to 62% vs 71% a year ago: Great Learning reportJob retention confidence among Indian professionals dropped to 62% in FY25 due to technological disruptions, macroeconomic uncertainty, and...
This is how you should deal with layoffs during job searchLayoffs have become a common occurrence, particularly in the tech industry. However, it is crucial to begin the job hunt with a personalise...
‘Quiet cutting’: A reassignment for your good, a subtle approach to layoffs, or a mix of both?"Quiet cutting" is a new workplace trend that involves reassigning employees to different positions within a company instead of firing or l...
US weekly jobless claims jump to 1-1/2-year highThe largest increase in applications in nearly two years reported by the Labor Department on Thursday, was driven by outsized rises in Ohio...
Slump hurts, startups go slow on hiring for mid, senior rolesAnshuman Das, cofounder and chief executive officer of staffing firm Longhouse Consulting, said there was a 50%-60% dip in hiring of senior...
Except for tech, hiring picking up in all sectors over last quarter: Ramani Dathi, TeamleaseAnd now companies have come under pressure to bring down their headcounts, to bring down their costs. In fact, the offer letters that they ...
71% Indian professionals confident to retain jobs in 2023 despite global layoffsThere is a stark difference in the confidence levels of freshers and entry-level professionals and the ones with more than six years of exp...
Great resignation was a fraud; not sure about a great layoff trend either! Digitisation super cycle just started: Manish Sabharwal, Teamlease"My sense is that domestic consumption right now and IT are the two engines. So sales, customer service and logistics are where we see the ...
IT continues to be net hirer, more than 50,000 jobs were added last quarter: R Chandrashekhar, NasscomEven in the last three years, more than 600,000 jobs were added by the industry