Unemployment Issue in India: Jobs Crisis, Reasons for Employment Crisis in India
Business Today
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How retail companies are trying to minimise job losses

As the retail sector is gradually opening up in the Unlock 1.0 phase, one is hearing about lay-offs, but the retail community is also trying to redeploy unutilised staff in businesses which are short of employees

 
 
One source estimated that 500 people had been laid off, adding that the job losses were mostly based on performance and similar actions took place each year
40% of the Indian workforce anticipates fewer jobs and interviews in immediate future
Sectors that will be welcoming most new hires are Mining and Construction, followed by Finance, Real Estate and Insurance
BP is giving no pay rises to senior employees until March 2021 and said it is unlikely to pay any cash bonuses this year
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