Retrenchment

Mahindra & Mahindra lays off 1,500 temporary workers, says fiscal stimulus needed to tide over slump in auto sales, arrest job losses

IT layoffs: Ravi Shankar Prasad says no downturn, retrenchment due to performance issues

The IT minister said firms like TCS and Infosys have said they would recruit thousands of professionals in the current fiscal.

SpiceJet mulls handing out more pink slips before fresh investment

The airline has reduced its Boeing plane fleet to almost half from 35 in July last year.