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Bengaluru: Ola Electric said it will cut about 5% of its workforce as part of a broader business turnaround and structural transformation focused on automation and service-led execution. The company had around 3,500 employees before the layoffs, according to a person familiar with the matter who spoke on condition of anonymity.The latest decision, affecting about…
Grace Lee (Image source: Instagram/@bigsis.grace) Grace Lee, 30, a Harvard Business School graduate and former JP Morgan analyst, went viral recently after sharing a deeply personal reflection on her career, health, and startup struggles via Instagram. In the post, she shared her “museum of failures” whereby she explained the different experiences that many successful people…
Why are women facing a dark job market after graduating? India has taught its women to dream, study, and graduate with shining degrees. What it has not done is teach its economy to take them seriously. A surge in women’s higher education is ostentatiously boasted as a victory. The numbers are worth applauding. We do…
NEW DELHI: Govt has managed to get significant concessions for Indian workers and professionals looking to work in Oman, with the Gulf nation allowing companies to employ up to 50% Indians in their workforce, instead of 20% at present.The move is aimed at ensuring that Indian companies that set up shop do not end up…
NEW DELHI: India needs to overcome bottlenecks to increase both quality and quantity of workforce participation and labour productivity, an NCAER report released on Thursday said. The report underlines the role of skilling and small enterprises as key drivers of job creation in the country, an NCAER statement on the study said. The study titled…
Amazon is championing AI agents as autonomous coworkers, not just tools, predicting they’ll drive 80-90% of enterprise AI value. This vision emerges as Amazon cuts thousands of corporate jobs, sparking concerns about AI’s role in workforce displacement. Amazon is pushing a fundamental shift in how companies view artificial intelligence—not as software tools, but as autonomous…
A defining feature of the new framework is the inclusion of gig, platform, and unorganised-sector workers within the social security net. (AI image) By Puneet Gupta India’s labour landscape is undergoing its most significant reform since Independence. The Government has consolidated 29 central labour laws into four comprehensive Labour Codes, the Code on Wages (2019),…
In a major policy shift, the government on Friday announced the implementation of four consolidated labour codes–Code on Wages (2019), Industrial Relations Code (2020), Code on Social Security (2020) and the Occupational Safety, Health and Working Conditions (OSHWC) Code (2020)–with effect from November 21, 2025. The move rationalises 29 existing labour laws and aims to…
Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an industry…
India’s workforce and toxic jobs; why quitting isn’t an option For many professionals, a toxic boss is just another reason to update their résumé, send applications, and move on. But for a growing segment of India’s workforce, walking away isn’t an option — not when financial stability, family responsibility, and future aspirations are tightly bound…
