Auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the slowdown in vehicle sales continues, the president of the country’s largest industry group for auto parts makers said.

Nissan To Axe 12,500 Jobs After First Quarter Profit Drops 98.5% Jul 25 2019

Nissan Motor Co (7201.T) said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish sales and rising costs and tries to recover from a scandal surrounding ousted Chairman Carlos Ghosn.

Nissan plans to cut over 10,000 jobs globally Jul 24 2019

Nissan Motor Co is planning to cut more than 10,000 jobs globally to help turn around its business, a source said on Wednesday, showing a tough road ahead for the automaker which is also reeling from the ouster of former Chairman Carlos Ghosn.

India Inc To Witness Double-Digit Median Salary Increment This Year: Report Jul 24 2019

Corporate India is expected to witness a double-digit hike in salaries with a median increase of 10.95 per cent this year but the increment is likely to be moderate across key sectors, according to a report released on Tuesday.

Data Leak Of Unemployment Figures Serious: Govt Jul 18 2019

The government Thursday admitted in the Rajya Sabha that there has been a data leak of unemployment figures and said efforts were being made to ascertain who was behind it.

Govt To Prepare National Data On Unorganised Sector Jul 17 2019

Shrinking of unorganised sector is a "positive" indicator of development and the government will prepare a separate data on unorganised workers in India, Labour and Employment Minister Santosh Kumar Gangwar told the Rajya Sabha on Wednesday.

Retirement Age Set To Rise Due To Higher Life Expectancy: Eco Survey Jul 04 2019

Rise in retirement age for most of India's working population from 60 years at present seems inevitable due to increase in life expectancy, according to the Economic Survey.

New Credit Scheme For Small, Medium Enterprises To Encourage Job Creation: Gadkari Jul 01 2019

A new scheme is being worked out to encourage employment generation by small and medium enterprises in the country, with special focus on scheduled castes and tribals, the government told Rajya Sabha.

Over 6.84 Lakh Vacant Posts In Central Government Departments: Govt Jun 26 2019

Amid chorus over lack of jobs, the government on Wednesday said over 6.84 lakh posts were vacant in different departments under it.