Investment theme and financials were in flavour during 2022 while consumption theme and globally oriented sectors did relatively badly. In the initial part of 2023, the same themes might continue, says Hajra. Read More
Tag: recession?
Amid Recession Fears, Meta ‘Rescinds’ Full-Time Job Offers
Zuckerberg said that as a severance measure, the company will pay 16 weeks of base pay, along with two additional weeks for every year of service, with no cap. Read More
Thousands laid off in US as recession worries mount: Here’s who has cut jobs, apart from Meta, Amazon
Job cuts announced by US-based employers jumped 13% to 33,843 in October last year, the highest since February 2021, according to a report. Read More
In inversion of US treasury yields, a recession is foretold
A recession typically involves the overall output in an economy contracting for at least two consecutive quarters, along with job losses and reduction in overall demand. Read More
What is Recession and How it comes? Its Causes and its Impacts
The American author Bo Bennet stated about the Recession, “As sure as the spring will follow the winter, prosperity and economic growth will follow recession.” Basically, the Recession, an economic struggle is the phase wherein; the economic activities of a nation Read More
Layoffs mount as recession looms
Hiring has declined in technology that employs five million people in India, and another five million in the services segment associated with technology. Read More
India decoupled from global recession, best of employment yet to come: Quess Corp founder
Quess Corp’s Ajit Isaac says the tech sector is likely to experience pain for another 6 months Read More