job loss

Family of three ends lives in Rajapalayam

Janardhanaraja arrived with his family at his native Rajapalayam on Wednesday night and checked in at a lodge. The next night, the trio allegedly consumed poison.

published on : 16th January 2021

Managing finances in 2020: Heavy borrowing for some, increased saving for others

Rajesh, the only earning member in his family of four, faced a deep cut in his salary from July. While his expenses remained the same, this cut caused a huge dent.

published on : 31st December 2020

COVID-19, social exclusion equals slide into poverty for millions in informal sector

While the virus affected all classes, the economic fallout of the COVID-19 pandemic was particularly devastating for those in the informal sector.

published on : 26th December 2020

UK sees record number of job losses during three-month period

The Office for National Statistics said redundancies reached 370,000 in the August to October period, a record for a three-month period.

published on : 15th December 2020

Decision to cut ceiling for non-MBBS teachers sparks fear of job losses

The practice of such appointments, for teaching pre and para-clinical subjects started in the 1950s when not many doctors were pursuing PG in non-clinical specialties.

published on : 28th November 2020

46 per cent Indians borrowed to run households in COVID-19: Report

The report, based on a survey, showed that 46 per cent respondents borrowed money primarily to run their households.

published on : 3rd November 2020

Pizza Express to cut 1,300 more UK jobs on virus fallout

It is on top of 1,100 layoffs the company announced in August alongside the closure of tens of restaurants. 

published on : 29th October 2020

Competition for jobs in India spiked 30 per cent since 2019: LinkedIn data

LinkedIn said in a statement its data also shows that professionals from Recreation & Travel, Retail, and Corporate Services are more likely to look for jobs outside their current industry.

published on : 29th October 2020

Dark deja vu for European economy as coronavirus cases spike

A resurgence in coronavirus cases this month is a bitter blow that will likely turn what was meant to be a period of healing for the economy into a lean winter of job losses and bankruptcies.

published on : 17th October 2020

After losing jobs, two techies develop app to deliver goods at doorstep in Srikakulam

The techies charge Rs 9 to deliver essentials at the doorstep of people for a purchase cost of less than Rs 1,000.

published on : 11th October 2020

No money, no work: Unorganised sector distraught in Karnataka post-lockdown

The lockdown and resulting economic slowdown have hit the unorganised sector the hardest – directly and indirectly.

published on : 9th October 2020

US President Donald Trump halts COVID-19 relief talks until after election

The collapse means that Trump and down-ballot Republicans will face reelection without delivering aid to voters — such as the $1,200 direct payments.

published on : 7th October 2020

Jalpaiguri tea garden suspends operation, 1,500 left jobless

The management put up a suspension of work notice at the main gate in the morning, workers at the tea estate said.

published on : 5th October 2020

London to lose 7,500 finance jobs over Brexit: Survey

With Britain's EU-exit transition period nearing an end, the pace of relocations has slowed, hampered in part by the coronavirus, added the survey by financial services group EY.

published on : 1st October 2020

COVID-19 lockdown impact: Bearing financial brunt, Andhra man turns agriculture labourer

After getting a job as a guest lecturer at the AP SC Welfare Gurukulam School in Kurichedu of Prakasam district, his life seemed to be going smoothly and his parents got him married a year ago.

published on : 29th September 2020
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