Unemployment Issue in India: Jobs Crisis, Reasons for Employment Crisis in India
Business Today
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Coronavirus crisis: Renault to lay off 150,000 employees globally

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France

 
 
India's unemployment rate continues to remain very high at over 24 per cent during the coronavirus-led lockdown, says CMIE

IBM reported a 3.4 percent decline in revenue for January-March quarter on a year-on-year basis, citing fall in sales due to Covid-19 pandemic

The automaker said in July last year it would cut 12,500 employees, nearly 10% of its of 140,000-strong workforce
 
 
The non-payment of dues is despite repeated government announcements to not deduct wages or lay off workers amid the coronavirus lockdown
Coronavirus crisis: The company said that the temporary salary deduction would last for six months and would impact at the employee level only and not workmen
While there has been massive retrenchment across sectors, a large number of workers have complained of part-payment or non-payment of wages
In India, where the Jeff Bezos-led company faces stiff competition from Walmart Inc's Flipkart, Amazon earlier said it plans to create 1 million jobs by 2025
The job losses would mostly take place in its civil aerospace business
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