The official figure of job loss for Indian workers in United Arab Emirates (UAE) is 150000 due to economic crisis and recession. This is reveled by Overseas Indian affairs minister Vayalar Ravi in Loksabha. Most of the workers have returned to India on leave without pay with the expectation that they would be able to [...]
Posts under ‘Fighting recession’
Don’t Cry Recession – Do not make recession an excuse for your inaction
“Recession” is the reason for everything that is happening to me!
Are you among those who think like this? If you think like this then you need to rethink about your thinking.
It has become fashionable to blame recession for everything that is going wrong. I lost my job because of recession. I have to work extra [...]
Where is recession? – Indian companies increasing salaries at highest rate in Asia – Hewitt survey
As per a survey of 480 Indian companies over December 2008 and January 2009 conducted by HR consultancy firm Hewitt – despite the economic slowdown, a majority of Indian companies are still hiring employees. Here are some interesting revelations of this survey
Average salary hike in India in 2009 will be 8.2% (the highest in the [...]
Early warning indicators for approaching layoffs
Indian workers has got the taste of globalization yesterday from none other than its home grown leading private airline Jet airways. Jet Airways have laid off more than 900 of its employees in one single day and have plans to make this figure above 1800 within next two days.
Till now in India the layoff by [...]
