India's ₹3 Lakh Crore Discom Debt Crisis
India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?
Category : Search result: financial sector layoffs
US Job Market Crisis: 100K Layoffs in 10 Months
Alarming employment data reveals nearly 100,000 job cuts across the US economy over 10 months, with financial sector taking the hardest hit as 'no hire, more fire' trend continues.
Amazon Layoff Fallout: Viral Post Reveals Hidden Costs
An ex-Amazon employee's emotional X post goes viral, exposing how tech layoffs cost more than just employment - from lost healthcare to visa nightmares. Her story highlights the harsh reality of corporate restructuring.
Financial Rules Overhaul: Key Changes Coming Nov 2025
Major financial regulations including bank deposit nominations, pension transitions, and insurance rules are set to transform India's financial landscape in November 2025. Stay informed about these crucial deadlines.
AI Job Revolution: India's Tech Transformation
Discover how Artificial Intelligence is reshaping India's job market - eliminating traditional roles while creating exciting new career paths in tech innovation.
YouTube Offers Exit Packages to US Staff in AI Restructuring
YouTube announces voluntary exit programme for US employees as parent company Google pivots toward artificial intelligence investments. The strategic move signals a significant shift in workforce planning for the video streaming giant.
Govt's Legal Shield: AGR Relief for Vodafone Idea & Airtel
Exclusive insights into the government's legal stance on Supreme Court's AGR dues order. Discover how Vodafone Idea and Bharti Airtel benefit from financial relief measures and the broader implications for India's telecom sector.
Kerala Finance Minister Unveils Financial Reform Plan
Kerala's Finance Minister K.N. Balagopal announces comprehensive financial restructuring measures to boost state revenue and ensure sustainable development despite central government constraints.
GM Cuts 1,700 Jobs Amid EV Slowdown
GM announces massive workforce reduction across Michigan and other US locations as electric vehicle demand cools. Find out which plants and positions face the deepest cuts.
ICAI Introduces New Accounting Standards for Indian Companies
The Institute of Chartered Accountants of India introduces groundbreaking accounting standards that will reshape financial reporting for companies across sectors. Learn how these changes will impact transparency and compliance.
Liquid Credit Crisis Benefits India's Private Lenders
As traditional liquid credit markets face turmoil, Ares Management reveals why Indian private lenders are positioned to capitalize on this disruption and fill the funding gap.
Paramount lays off 2000 in streaming pivot
Paramount Global announces massive layoffs affecting 2000 employees as CEO calls it a necessary step toward streaming profitability and long-term growth strategy.
Ex-Morgan Stanley Advisors Sue US Labor Dept Over Overtime
Two former Morgan Stanley wealth managers file lawsuit against US Labor Department, challenging overtime pay regulations that could reshape financial advisory compensation across India and global markets.
Amazon Slashes 14,000 Corporate Jobs: India Impact
Amazon announces massive workforce reduction of 14,000 corporate positions. Get exclusive insights on how this restructuring will impact Amazon India operations and the broader tech employment landscape.
Amazon Layoffs: Employees Fired Via Text Messages
Amazon's latest round of layoffs unfolds dramatically as employees receive termination notices through text messages, raising questions about corporate communication ethics in the tech industry.
Vodafone Idea Relief Awaits Supreme Court Nod
Indian government holds key relief package for Vodafone Idea pending Supreme Court hearing on adjusted gross revenue case. Telecom sector's future hangs in balance.
Amazon, UPS, Intel Slash Jobs in October Tech Layoffs
Major technology and logistics companies including Amazon, UPS, and Intel announced significant workforce reductions in October, signaling continued turbulence in the tech sector despite economic recovery.
Amazon Fires Staff as AI Takes Over Jobs
Amazon's massive layoffs reveal how artificial intelligence is rapidly replacing human jobs across corporate America. Discover which roles are most vulnerable and what this means for the future of employment.
Amazon India May Cut 1,000 Jobs in Global Restructuring
Amazon's massive global layoffs hit India operations, potentially affecting 1,000 employees across multiple departments including AWS and HR. Get exclusive details on which teams face the biggest impact.
AI Revolution Claims Thousands of White-Collar Jobs
Major Indian IT firms and global corporations are quietly replacing white-collar roles with artificial intelligence, creating a silent crisis in sectors once considered safe from automation.
Amazon axes 14,000 jobs in AI push
Amazon confirms sweeping workforce reduction of 14,000 positions as company pivots toward AI automation. More job cuts expected in coming months across multiple divisions.
UPS axes 12,000 jobs in major restructuring move
Global logistics giant UPS announces massive workforce reduction of 12,000 employees as part of sweeping restructuring measures to counter declining revenue and falling share prices. The strategic move aims to streamline operations and boost profitability
Star Health Q2 Profit Dives 50.7%: Key Details
Star Health and Allied Insurance reports staggering 50.7% drop in Q2 net profit to ₹273.4 crore. Premium growth slows amid rising claims and expenses. Key financial analysis inside.
UPS Axes 34,000 Jobs in 2025 Restructuring
Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.
Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
Chegg cuts jobs, blames Google and AI disruption
Leading education technology firm Chegg announces massive workforce reduction, pointing to Google's search changes and AI advancements as primary reasons for restructuring.
Tech Giants Axe 80,000+ Jobs in AI-Driven Restructuring
Silicon Valley's biggest players are executing massive layoffs as artificial intelligence reshapes workforce needs. Discover how Amazon, Microsoft, Google, Meta, Intel, TCS and IBM are cutting over 80,000 positions in historic tech restructuring.
Amazon cuts 14,000 jobs as AI transforms workforce
Amazon implements massive workforce restructuring, cutting 14,000 positions primarily in white-collar roles as AI technology transforms operational efficiency and job requirements across departments.
Amazon Axes 30K Jobs: AI Automation Blamed
Amazon plans to eliminate 30,000 corporate roles across various departments. Discover how AI automation is reshaping workforce dynamics at the e-commerce giant.
India's industrial growth hits 3-month low at 5.8%
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
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