redundancies

Subscription-based delivery firm Milkbasket is seeing redundancies as its integration with parent Reliance Retail is now at an advanced stage, people in the know of the matter told ET. This comes after a group of senior leaders left the…

In a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief technology officer said at the Semicon India 2023 conference in Gujarat. This and more in today’s…

The UK jobs market had more candidates going for fewer jobs last month with wages increasing more slowly than before, according to a closely watched survey.May had the highest number of jobseekers in two and a half years as…

A Kenyan judge ruled on Thursday that Facebook's parent company Meta could be sued in Kenya, after 43 moderators at its Nairobi hub last month filed a lawsuit against the group and its local partner Sama for unfair termination.The 43…

While Sea could have handled the situation differently, layoffs and restructuring are corrective mechanisms for firms to cope with economic circumstances and strategic planning, and Sea is taking the right step by stopping the bleeding…

The boss of P&O Ferries has flatly rejected the government's final plea to halt the process of making nearly 800 of its workers redundant.In a letter to Transport Secretary Grant Shapps on Tuesday, the company said the…

The government's coronavirus furlough scheme ends today after supporting millions of workers during the pandemic.Ministers say the wages of more than 11 million jobs were subsidised for at least some of the scheme's duration,…

Gatwick Airport has told Sky News it is in talks with hundreds of furloughed staff and unions in a bid to avert further redundancies as the furlough scheme nears its end.The UK's…