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Information technology (IT) employees and fresh graduates in Kolkata have started to see salary cuts and employee lay offs. IT and ITeS companies wanted either experienced personnel or was focused on cost cutting measures.
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IT sector job seekers face pressure - Business Standard
IT and ITeS companies wanted either experienced personnel or was focused on cost cutting measures. A few of the IT companies have even put their Bengal plans on hold. Although the financial turmoil has not yet prompted large-scale sackings in Salt ...
Mumbai, November 30 - Tribune
Economic think-tank the Centre for Monitoring Indian Economy (CMIE) has said the industrial output was expected to grow by 6.3 per cent in FY'09 as against its earlier estimate of 8.3 per cent. ?Sharp downward revision in forecasts of electricity ...
Some critical fault lines - DAWN Group
WHILE stories of children being abandoned by their wretched parents do indicate the extreme point in despair that is seizing the poorest of the poor in Pakistan, they do not offer a fair idea of the size of the population rendered utterly destitute ...
November 2008 - ABC News Blogs
ABC News' Huma Khan Reports: Rep. Ron Klein, D-Fl., is reminding Americans to claim their money -- a total of 383,000 checks worth $266 million that could not be delivered by the U.S. Postal Service. It includes $163 million in economic stimulus ...
ALL STORIES FROM November 2008 - Staten Island Advance
The lowest cash gas price on Staten Island this morning is the Sunoco station at Armstrong Avenue and Arthur Kill Road in Great Kills. The station has a listed price of $2.21 per gallon of unleaded regular, according to NewYorkGasPrices.com . Fire ...
Job Losses Accelerate, Signaling Deeper Distress - Washington Post
Employers are moving to aggressively cut jobs and reduce costs in the face of the nation's economic crisis, preparing for what many fear will be a long and painful recession. The labor market has been weak all year, with a slow drip of workers losing ...
Council homes for life ?to be scrapped? - Times Online
People living in council houses will no longer be entitled to a subsidised tenancy for life under Whitehall proposals to address waiting lists. New tenants would have fixed-term contracts under the plans, with regular reviews every few years, The ...
Recession - the domino effect: Share YOUR story - The Independent
It began with the banks. Then house prices began to tumble. In the months that followed, the shock waves spread, engulfing first high streets, then factories ? and thousands of jobs. In this gripping account, Paul Vallely travels across Britain to ...
Credit crunch: Spectre of unemployment looms over Bulgaria - Sophia Echo
Notwithstanding Government reassurances about Bulgaria's financial stability and that it will not sustain severe shocks from the global financial crisis, a number of voices are warning that unemployment will worsen, while firms in some sectors have ...
McCain: Obama Doesn't Have 'What it Takes' to Protect Nation - ABC News Blogs
ABC News' Bret Hovell reports: With just over five days to go before the country votes, John McCain attempted to turn the storyline of the campaign to national security in a speech this afternoon in Tampa, Fla. It was the harshest criticism of Barack ...
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