The company joins a growing number of organisations adopting such restructuring strategies for a variety of reasons from cutting the flab to automation.
With the BJP winning in assembly polls on divisive and emotive issues, the government seems convinced all is well with the economy.
In the absence of working and effective infrastructure, cash transfers cannot ensure that the poor and those most at risk will get the quality of life they deserve.
A Tunisian fruit vendor self-immolated himself after the police stopped him from working leading to clashes between the police and protestors.
People with disabilities lag behind in employment and health indicators across the world. So severe is the issue worldwide that in 2014 the UN created a Special Rapporteur position to examine the problem, which affects many of the one billion people – about 15% of the world’s population – who have some form of disability.
Spending on Housing for All, road construction and other infrastructure projects is likely to create jobs, but it remains to be seen whether this alone will be enough.
After demonetisation, the informal MSME sector needs careful handholding if they are to make the transition to the formal economy.
Public anger in the state against economic dislocation had been building up and needed a trigger to explode.
While manufacturing emerged as the largest employer outside the agricultural sector in 2005-2013, livestock farming employed double the amount of workers during the same period.
A daily round-up on the human impact of demonetisation.
As a society we have become conditioned to moving from one burning issue to another without adequately resolving the first, thus making challenges like pollution, joblessness and economic inequality our new normal.
Labour market policies need to be seriously rethought, given the slow rate of job creation and rapid increase in automation.
With the closing of knitting factories, it’s becoming tougher for people with only this skill to survive.
State-level efforts to address one of the root causes of the Arab Spring, youth unemployment, are at best a mixed bag and, at worst, represent a return to a pre-Arab Spring status quo.
A stricter work permit policy and the weakening of Southeast Asia’s biggest economy have led to the exodus of foreign national workers.
The citizen’s collective Wada Na Todo Abhiyan has painstakingly documented the systematic budgetary cuts in social welfare programmes over the last two years and has called out the government’s pro-corporate policies that have marginalised the poor further.
Technology is driving productivity improvements, which grow the economy. But the rising tide is not lifting all boats, and most people are not seeing any benefit from this growth
Employment is likely to be the issue that preoccupies Bihari minds as their state prepares for assembly elections in October and November.