New Zealand announces major overhaul of seasonal worker scheme
According to New Zealand Immigration, the changes will be rolled out in phases from early 2027, while the current rules will remain in place until then. The RSE scheme allows New Zealand's horticulture and viticulture employers to hire overseas seasonal workers, primarily from Pacific countries, when suitable local workers are not available.
1 day ago
Automation pushes manufacturers to redesign shop-floor career ladders
As automation and digital technologies transform manufacturing, companies are redesigning shop-floor career ladders through continuous skilling, internal mobility and structured career pathways. Industry leaders say investing in frontline talent and creating visible growth opportunities is becoming critical for retention and building a future-ready workforce.
31 Jul 2026
Mature talent is losing ground in India’s evolving talent market
Industry leaders shared with ETHRWorld that the impact of ageism is more visible in organisations that are constantly adapting to changing market dynamics and navigating intense cost pressures, such as start-ups, e-commerce companies, digital businesses, and certain segments of financial services. These sectors often place a strong emphasis on speed, technical skills, and future readiness.
31 Jul 2026
Base metals traders on the move as battle for talent intensifies
Banks are seeing turnover among base metals traders as hedge funds and trading houses step up hiring to expand their commodities teams, the sources said. "The market for base metals and commodities talent is hot right now," one source said, adding that aluminium and copper traders were "very much in play".
30 Jul 2026
Oil major BP to cut 700 jobs as it streamlines operations: Report
The reductions would impact around 8% of the 8,500 non-frontline roles that historically were part of the company's production and operations business, the email showed. Frontline roles include operators, technicians and maintenance roles, and BP said in the email it did not expect any material change to those teams.
30 Jul 2026
KPMG Australia says no decision made after media report of 1,000 job cuts
Details on the roles to be eliminated were shared with selected partners this week, with leadership urging them to support the new local management team or leave the firm, AFR reported without citing a source. "We are reviewing our operating model, cost base and workforce needs. It is important to note that no decisions have been made regarding any specific measures or potential impact on roles," a KPMG spokesperson said.
30 Jul 2026
BMW reports second-quarter earnings slump as it cuts jobs
The company on Thursday reported quarterly pre-tax earnings of €1.7 billion ($1.95 billion), compared with analysts' forecast of €1.6 billion in a company-provided consensus.
30 Jul 2026
Govt to ensure social security for gig workers via labour codes implementation: Labour & Employment Minister
Replying to a supplementary query during the Question Hour in the Rajya Sabha, he said the gig worker system is a new and emerging system in India. Mandaviya said there are 80 lakh gig workers in India as per a Niti Aayog report, and of them, around 10 lakh are registered on the 'e-Shram portal'.
30 Jul 2026
GenAI to reshape workforce, GCCs to cushion job impact
The report estimates that GenAI could automate 9-17% of tasks currently performed by India's non-agricultural workforce. However 8-12% of jobs face a meaningful risk of substitution, while 42-48% are more likely to be augmented by AI, allowing workers to focus on more complex tasks.
30 Jul 2026
BMW’s global restructuring has no impact on India operations
Responding to a question on reports of restructuring within the BMW Group, Hardeep Singh Brar, President and CEO, BMW Group India, said there is currently no restructuring exercise affecting the Indian business.
30 Jul 2026
China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals
4 hours ago
India's deep-sea bet: Centre's 'Samudra Manthan' to churn crude — How it works
5 hours ago
Bullion market: What will guide gold, silver prices this week?
5 hours ago
New stock market timings from August 3: What has changed?
8 hours ago
Market recap: Top-10 firms add Rs 2.51 lakh crore; Bajaj Finance biggest winner
9 hours ago
RBI updates deposit rules: From differential rates to daily disclosures, here's what's changing
10 hours ago
FPIs return to India: Rs 20,200 cr injected into equities after months of selling
10 hours ago
Dalal Street outlook: RBI policy, earnings and other cues to drive market this week
11 hours ago
Capital One says anti-money laundering review led to closure of over 300 Trump Organization accounts
14 hours ago
Passenger vehicle sales hit top gear as July dispatches jump 33%; Maruti, Hyundai set records
18 hours ago
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