Unemployment Issue in India: Jobs Crisis, Reasons for Employment Crisis in India
Business Today
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LinkedIn axes 960 jobs as coronavirus freezes corporate hiring

Announcing the plan in a message posted on LinkedIn's website, Chief Executive Ryan Roslansky said the company would provide at least 10 weeks of severance pay as well as health insurance for a year for U.S. employees

 
 

Alibaba's UCWeb has under 100 direct employees in India and hundreds of third-party workers

For many jobseekers who sought a raise in their salaries, job roles that can be classified as work from home were the most preferred option

As per SBI report, India created 60.8 lakh new payroll (first job) in FY20, which was 28.9 lakh less than the net jobs generated in FY19
 
 

Harley-Davidson has branded its job cuts and restructuring plan as 'The Rewire'. It that will cost the company $42 million in Q2 FY20

DHL indicated that the half of the job cuts are due to a decline in car production and half are the result of anticipated "efficeincy savings", the union added

Worldwide, an estimated 14% of working hours were lost in the second quarter, equivalent to 400 million full-time jobs, due to the pandemic, the ILO said
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