Job Loss

  • Greece approves scheme to fire thousands of public workers 18-07-2013 04:42 AM

    Athens: Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested outside parliament. The vote was the first major test for Prime Minister Antonis Samaras's two-party coalition since losing an ally over the abrupt shutdown of...
  • 'US still a long way to address large scale unemployment' 18-07-2013 03:31 AM

    Washington: Noting that the US still has a long way to go to address large scale unemployment, the White House today said the country's deficit is declining at the fastest pace since demobilisation after World War II. "We are seeing our deficits decline at the fastest pace since demobilisation after...
  • Job security pinches automobile industry as Maruti, M&M lay-off staff 16-07-2013 10:30 PM

    New Delhi: The other big fallout of the economic crisis is the fear of job loss - the Automobile industry is already feeling the pinch. India's largest car maker Maruti and Mahindra and Mahindra have laid-off contractual workers with sales down and inventory piling up. On July 9, Maruti sent...
  • More cuts needed to balance British budget, say experts 29-06-2013 04:42 AM

    London: A leading think tank here has observed despite spending cuts of 11.5 billion pounds (over $17 billion) as announced by British Chancellor George Osborne for 2015-16, it may not not be enough to balance government budgets in the medium term. According to Carl Emmerson, director of the Institute for...
  • Indian Embassy gets 15k passports of workers stranded in Saudi 14-05-2013 02:49 AM

    Dubai: Saudi Arabia has handed over about 15,000 passports of stranded Indian workers, surrendered by Saudi sponsors, to the Indian Embassy in Riyadh, in a bid to resolve cases of immigration law violations. "Most passports, surrendered by sponsors to the Saudi authorities, belong to stranded Indian workers, including those languishing...
  • India conveys concern to Saudi Arabia over Nitaqat law 29-04-2013 03:35 AM

    Riyadh: India on Sunday conveyed its concerns to Saudi Arabia over possible job loss to a large number of Indians in the Kingdom due to its new labour law. A delegation led by Overseas Indian Affairs Minister Vayalar Ravi met Saudi Arabian Labour Minister Adel Fakieh to convey India's concern...
  • India Inc warns of job losses, demands stimulus 12-12-2011 08:41 PM

    New Delhi: Deeply worried at negative growth in industrial output, particularly the manufacturing sector, India Inc on Monday warned of job losses and said RBI should immediately bring down interest rates to stimulate investment. Industry body Confederation of Indian Industry (CII) said a sharp decline in the capital goods sector...
  • Watch: Obama's stimulus plan fails to stem job losses 29-10-2009 02:14 PM

    There are now 30 million people in America who are unemployed. ...
  • Watch: People use 'Hire Me' billboards to get jobs 21-09-2009 01:53 AM

    People US have taken to marketing themselves through billboards. ...
  • Recession special: Will I get a job? 20-03-2009 03:50 AM

    The Batch of 2009 increasingly finds itself asking that question. ...
  • Drown your sorrows, recession hits UK pub culture 19-03-2009 09:22 PM

    A part of British social history dies as people cannot afford outings. ...
  • Job loss? How to cope financially 19-01-2009 02:45 PM

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  • PM's plea has no credit; Amex cuts jobs 03-11-2008 10:03 PM

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