Bharatiya Mazdoor Sangh alleges retrenchments were carried out by four power distribution companies operating under Tata Power in Odisha in the name of cost-cutting.
Across Tamil Nadu, hundreds of liquor outlet employees — salesmen, supervisors, support staff — are staring at uncertainty as they have not yet been given transfer orders
Standard Chartered global CEO Bill Winters on Friday said he was “sorry” for comments describing “lower-value” workers, made while announcing job-cut plans earlier this week. Winters apologised in a LinkedIn post as he tried to cool debate among upset employees after he announced on Tuesday a 15 per cent cut of back-office staff at the lender by 2030. Winters said that AI adoption would replace some “lower-value human capital”. The CEO first made a LinkedIn post explaining his comments from...