Posts tagged recession
Slowdown Impact: Companies were closing one store a day in 2009
Jan 29th
“Before the slowdown, we were opening one store a day. In 2009, we were closing one store a day,” admits a senior official at Future group.
‘Hiring momentum to pick up in 2010’
Dec 26th
After a long hibernation of 18 months, headhunters are actively out in the market as talent requirements have started trickling in.
Job Offers Rising
Nov 26th
Unlike the jobless recovery of the developed world, the Indian economy is creating opportunities as it shrugs off the effects of the slowdown.
Warren Buffett: The financial panic is over
Nov 13th
Warren Buffett, perhaps the world’s most admired investor, said on Thursday the financial panic that gripped the globe last year is a thing of the past
Recession improved work culture? Firms see ‘profit per employee’ up
Nov 9th
Ironically enough, despite the recession, most Indian IT companies have made more revenues and profits per employee this year than they did during the same time
World unemployment up despite economic recovery
Nov 6th
Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years
More projects, but no hike in salary for lower level executives
Nov 6th
Tough times call for tough measures, and as a result of it, most of the MNCs hung the axe on lower and middle level staffs than top level management at the time
Tier-II cities ahead of metros in job creation
Nov 2nd
The tier-II cities have outpaced the metropolitans in creation of white collar jobs in the private sector, indicating a recovery in the overall employment market.