Layoffs announced by the US employers in February this year fell to the lowest since 2006 to over 42,000, as companies begun to shift focus from downsizing to hiring workers,
The US labor market improved in November, with private sector job losses declining for the eighth straight month and employers planning fewer layoffs, separate reports showed on Wednesday.
Although employers are
Layoffs are an inevitable aspect of the corporate world especially in recession. But a poor economy should not be an excuse to cut jobs Murthy said
Job cuts announced by US employers jumped 31 per cent in July to over 97,000
Asian unemployment is running at lower levels than in major economies for now.
Alternate ways to pull the firm out of its troubles are being discussed
GM India plans to hire close to 900 workers this year
Microsoft, said that it may look at more layoffs.
Stay informed on our latest news!
