IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Desperate times call for desperate measures. The global financial imbroglio’s next casualty is the job market, as corporates across the globe are scaling down their operations and downsizing their workforce
The sight of 1,900 stranded Jet employees, most of them still in their early 20s, shocked the nation, ensconced in the semblance of safety from the global turmoil. Although they were reinstated later, the event was the omen of bad times to come, just raring to knock at the Indian shores. Global recession is a reality and it is here to stay or at least until it makes us feel miserable by the kind of insecurity it brings in our lives. Even though India Inc. has not (in the real sense) been affected by this evil phenomenon as have its global cousins, jobs here are still at stake.
With all the talk about India's rising power status, burgeoning foreign reserves and a multi-faceted industry, thc country still remains, in reality, a fledgling economy fighting all odds amidst the predators of sub prime and oil crises (even though the global oil prices have plunged). The fact remains that this country has to take care of its already 9 per cent unemployed population as well as the additional burden of the 12 million people, who join the work force every year. Given the higher than ever correlation in the global economic system, effects are slowly but steadily percolating into India as well. The first signs of this gloomy situation are already too evident to hide and the question remains, who's next?
Since multi-national corporations are affected more severely than Indian companies, naturally their operations here are the first to get hit. To start the mayhem, Motorola will sack an unspecified number from its operations in India. The axing is part of the overall 3,000 job (five per cent of total workforce) cut exercise by the mobile phone major It expects to save close to $750 to 800 million eventually. The American telecom giant has been suffering from heavy losses, especially in the highly competitive, low-margin mobile phone business.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
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Desperate times call for desperate measures. The global financial imbroglio’s next casualty is the job market, as corporates across the globe are scaling down their operations and downsizing their workforce
The sight of 1,900 stranded Jet employees, most of them still in their early 20s, shocked the nation, ensconced in the semblance of safety from the global turmoil. Although they were reinstated later, the event was the omen of bad times to come, just raring to knock at the Indian shores. Global recession is a reality and it is here to stay or at least until it makes us feel miserable by the kind of insecurity it brings in our lives. Even though India Inc. has not (in the real sense) been affected by this evil phenomenon as have its global cousins, jobs here are still at stake.
With all the talk about India's rising power status, burgeoning foreign reserves and a multi-faceted industry, thc country still remains, in reality, a fledgling economy fighting all odds amidst the predators of sub prime and oil crises (even though the global oil prices have plunged). The fact remains that this country has to take care of its already 9 per cent unemployed population as well as the additional burden of the 12 million people, who join the work force every year. Given the higher than ever correlation in the global economic system, effects are slowly but steadily percolating into India as well. The first signs of this gloomy situation are already too evident to hide and the question remains, who's next?
Since multi-national corporations are affected more severely than Indian companies, naturally their operations here are the first to get hit. To start the mayhem, Motorola will sack an unspecified number from its operations in India. The axing is part of the overall 3,000 job (five per cent of total workforce) cut exercise by the mobile phone major It expects to save close to $750 to 800 million eventually. The American telecom giant has been suffering from heavy losses, especially in the highly competitive, low-margin mobile phone business.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...