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Friday, October 31, 2025
TopicJob cuts

Topic: job cuts

One of India’s largest employment generators likely to create 1.6 million fewer jobs

SBI's estimate that the govt and low-paying sectors would have fewer jobs is bad news considering the high unemployment rates and the economic slowdown.

Walmart fires more than 50 staff in India but denies exit plans

The job cuts come as competition grows fiercer in the local retail market with Amazon stepping up investment and Mukesh Ambani preparing to roll out his e-commerce venture.

Little sparkle at Sivakasi fireworks units after demonetisation, GST & cracker ban

No job cuts, but Tamil Nadu’s firecracker factories reduce production and slash wages of workers; allied industries like packaging and transport also hit.

Fewer footfalls & fall in demand take a toll on Mumbai’s jewellery workforce

Ahead of Diwali, showrooms in Zaveri Bazaar are unusually quiet as thousands of artisans go back home to West Bengal due to job cuts.

‘India needs to modernise manufacturing, should not be averse to automation’

Ministers Suresh Prabhu and Piyush Goyal quell fears about job cuts, say technology could create new opportunities.

On Camera

Starbucks was once progressive. It’s now approaching a dangerous spot in culture wars

Former CEO Howard Schultz once told shareholders those who opposed his support of same-sex marriage were free to invest elsewhere. But now, CEO Brian Niccol seems to be selling Starbucks as a place that just, well, sells coffee.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.