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UNILEVER HIRING FREEZE
Discretionary spending slows in India as uncertainty keeps consumer purchases at a bare minimumConsumers are cutting back on non-essential purchases due to global tensions and job worries. Indian households are prioritising savings an...- Unilever to freeze hiring as Iran war drives up shipping costsThis move addresses rising costs linked to the Iran war. The company is also cutting jobs and changing bonus structures.
- US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
- Job Market Turmoil: European companies cut to the chase with layoffsRising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...
- Class of 2024: LSR tops DU as undergrad lands record Rs 49 lakh offerLSR Placement: Top recruiters at the campus this year include Boston Consulting Group, LEK Consulting, Bank of America, Kepler Cannon, Hind...
- The rise of startup advisors and micro ecommerce sitesHomegrown startups such as Zoomcar and Wakefit.co are hiring top talent from India and around the world to help them unlock the next level ...
- Amid paycuts and layoffs, some companies chose to shield staff during the Covid stormTata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.
- Fearing a fall in salon footfalls, Lakme Lever may cut headcountTop officials close to the development told ET that HUL will train a large set of advisors and beauty consultants, numbering about 1,500, t...
- Economic slowdown threatens to derail one of Modi’s pet projectsIndustry watchers say slowing demand could have a direct hit on the affordable housing segment.
- ET Explains: Everything you should know about India's current economic slowdownThe Indian economy is losing steam, evidenced by major players like Maruti and Hindustan Unilever losing traction in the market. How did we...
- Achhe din for jobs! FMCG companies start hiring in anticipation of a demand revivalThe cash crunch post demonetisation did hurt FMCG companies but they don’t expect it to last long or cause job losses.
- HSBC tweaks i-banking strategy in IndiaBank to advise emerging mid-cap companies and looks to boost its fee-based income; hires Vikas Khattar from rival bank to head new team.
- IITs, business schools see uptick in placementThe first visible signs of a thaw in recruitment freeze are becoming clearer. With this, the demand for talent from India’s management coll...
- Initial offers at IIMs allay fears of hiring freezeStudents of IIMs are being flooded with pre-placement offers, quelling fears of a hiring freeze by cos. Opportunity for career enhancement ...
- Unilever CEO wants US to replicate India modelAn ex-Procter & Gamble and Nestle veteran, Mr Polman said the group is applying consumer understanding from developing markets to cater to ...
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