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Updated on: Jul 2021
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IBM is planning 10,000 job cuts ahead of strategic spinoff
Jobs

IBM is planning 10,000 job cuts ahead of strategic spinoff

IBM is planning 10,000 job cuts ahead of strategic spinoff, Germany and UK employees will be the most affected IBM has already laid off some of its US workforce earlier this year as a result of the coronavirus pandemic. The company is said to be planning an even more dramatic round of job cuts in Europe […]

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Tesla headcount could surge 35% this year- Elon Musk
Jobs

Tesla headcount could surge 35% this year- Elon Musk

Elon Musk suggests Tesla headcount could surge 35% this Year Tesla Inc. is on a hiring spree that could boost headcount to about 65,000 people by the end of the year, according to Chief Executive Officer Elon Musk. The employee count Musk predicted in an interview with trade publication Automotive News would represent a 35% […]

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India jobless rate swells above 23% amid lockdown: Survey
Survey & Report

India jobless rate swells above 23% amid lockdown: Survey

India’s unemployment rate could have climbed to more than 20% as the economy lost jobs after a nationwide lockdown took effect in the last week of March, according to a survey by the CMIE Center for Monitoring Indian Economy Pvt. Ltd. The jobless rate was 23.4% for the week ended April 5 based on a sample size […]

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