Tag: Lays off

Coronavirus Impact: Home Credit India lays off 1,800 employees

Non-banking financial company Home Credit India recently said that it has laid off about 1,800 employees due to the current coronavirus pandemic. The company through an official statement said, “The unprecedented coronavirus pandemic has affected every aspect of our life. It has impacted each one of us, our families, our customers, partners and businesses. These…

Canadian Airline WestJet to lay off 3,000 more employees in May

WestJet, a Calgary-based airline has announced that the company will further lay-off  3,000 of its workers in early May as demand for flights craters amidst the COVID-19 pandemic. Earlier in March, the company laid off 6,900 of its workers amid a dramatic downturn in business because of COVID-19. The number of people who lost their…

News website Quint sends 45 employees on indefinite leave without pay

Raghav Bahl-owned digital news website The Quint has recently asked about 45 employees to go on an indefinite leave without pay, according to various news reports. As per a report by news website Newslaundry,the estranged staff include reporters, one of whom recently won a prestigious journalism award, copy editors, a bureau chief, production staff, and…