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AGP Executive Report

Last update: 8 hours ago

Restructuring & Layoffs (India): Adidas confirmed it will cut nearly half of its Gurugram Tech Hub workforce (about 300–350 roles), affecting software, data and engineering teams, as it “streamline[s]” operations for a fast-changing business environment. Social Security (India): India’s Cabinet approved a jump in EPFO wage ceiling coverage from ₹15,000 to ₹25,000 per month, expected to bring 51 lakh+ more employees under provident fund, pension and insurance benefits. Gig Work Safety (India): A new report says most Indian platform gig workers lack health insurance, with many working 49+ hours weekly and reporting accidents, near-misses and harassment—highlighting weak protections. Apprenticeships (India): Coverage flags low corporate participation in the National Apprenticeship Promotion Scheme, with only a small share of registered candidates actually completing training, especially outside a few states. Trade & Mobility (India–New Zealand): New Zealand’s Parliament cleared the India–New Zealand FTA, with officials saying it should support jobs and student mobility as both sides move toward implementation. China Exit Curbs: Human Rights Watch says China’s new exit-entry decree expands authorities’ discretion to bar people from leaving, citing national security with broad, ill-defined grounds. Workplace Safety (China Railway, overseas): China Railway Seventh Group workers reportedly downed tools after a colleague died in a workplace accident, demanding time to mourn and address management concerns. AI & Work (Asia): Separate reporting argues AI could reshape outsourcing jobs in India and the Philippines, where services exports employ millions, raising pressure for workforce transition.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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