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Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400New Delhi: On-demand convenience platform Swiggy and Walmart-owned e-commerce firm Flipkart both may lay off a large number of employees.Swiggy is expected to cut around 350-400 jobs...

Layoffs brewing at the Third Wave Coffee

The slew of layoffs that involve 100-120 employees, including the company’s chief technology officer have been mandated by investors, sources saidNew Delhi: Third Wave Coffee has laid off up to 100-120 employees across several departments, according to media reports.The...

Layoffs, unemployment & furloughs as COVID-19 hits retail jobs

India went under lockdown on March 23, 2020, plunging its economy into darkness, the economic outlook very bleak owing to the COVID-19 virus. So far, over the last 3 months, the country has witnessed four phases of lockdown and...

More layoffs likely as India's manufacturing sales shrink

Despite the Government's efforts to attract investment under its Make in India campaign, sales of manufactured goods fell 3.7 per cent during 2015-16 -- the first decline in seven years --sparking fears of layoffs and debt default in the...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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