recession

For weeks now, en masse layoffs in major tech companies have made the news on a near daily basis. Companies cite cost cutting reasons along with a poor economic climate behind their moves. But is that all? Pandemic Boom …

According to a report by KPMG, 66% CEOs in India expect a recession next year. However, 58% of them believe that the economic downturn will be mild and short. As per KPMG in 2022 India CEO Outlook, the major concerns faced by the…

This means a loss of a job for around 500 to 2,400 employees.  Banking major Goldman Sachs is planning to fire hundreds of its employees as early as next week. It and several other firms have also been laying off employees en masse…

Apple has reportedly sacked several contract-based recruiters in the past week, part of a push to rein in its hiring and spending. About 100 contract workers were let go in what is a rare move on Apple's part. These recruiters…

India Has Entered Its 1st Ever Recession As GDP Will Shrink By 8.6% (RBI Report) With the shrinking economy for a second straight quarter, Indian economy is going through an unprecedented recession according to the team of economists. …

Coronavirus: MakeMyTrip Can Fire 400 Employees; IT Firms Cancel 50% Hiring, Layoffs Coming Up Coronavirus will have some far-reaching consequences: Besides killing human beings, this deadly virus can unleash an unprecedented economic…

Further to my previous post on how corporations in US are still doing well (with highest proportion of companies with positive EPS) and how we’re still not going to have recession this time, The recent economic news for emerging economies…

India Inc. is back making multibillion dollar deals like never before. The total deal value this year has surpassed 2007 which was the big ticket year for mergers and acquisitions. The recession and economic slowdown had caused a lot of…

The effects of the recession are still being felt across the world. Unemployment rates are still high, inflation is a big problem, there are various problems in different sectors across the world – the downturn is still playing a lot in our…

How many times in India have we witnessed opposition political parties creating hullabaloo over high inflation against the ruling party? Take a recent example of the opposition stalling Parliament proceedings over high food inflation.…