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Amazon HR Head told employees in an email about more job cuts
Layoffs

Amazon HR Head told employees in an email about more job cuts

Tech giant, Amazon is laying off more than 18,000 employees which was 80% more employees than previously planned. The company has also stopped corporate hiring across. Earlier, Amazon delayed the joining dates for some university graduates until the end of 2023 due to cost-cutting efforts. Earlier, The onboarding of the employees was expected to be completed by […]

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HUL Independent Director fined 9 Lakhs under insider trading regulations
Industry

HUL Independent Director fined 9 Lakhs under insider trading regulations

HUL Independent Director Ashish Gupta has been fined 9 Lakhs for an ‘inadvertent trade.’ The company said the Portfolio Management Services of Ashish Gupta’s wife Nita Goyal, had traded in its shares on her behalf without her prior approval/intimation. A monetary penalty has been imposed due to the breach of the Code and PIT Regulations, SDC […]

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Wipro sacks freshers, 452 people allegedly fired after internal test
Layoffs

Wipro sacks freshers, 452 people allegedly fired after internal test

An Indian multinational corporation, Wipro has sacked 452 fresher employees due to poor performance. Wipro fired the employees after taking an internal test. However, the company has waived the training cost spent on the employees. However, the company has not commented on the exact number of layoffs. As per the update the company laid off […]

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Swiggy lays off 380 employees, CEO letter to employees
Layoffs

Swiggy lays off 380 employees, CEO letter to employees

An Indian online food ordering and delivery platform, Swiggy lays off 380 employees due to the company’s restructuring exercise. Due to “poor judgment the company has “overhired” employees. The CEO has also explained that the growth rate for food delivery has slowed down. This was against the company’s projections. The company’s CEO said, “We’re implementing […]

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Wipro is hiring fresh passout graduates, apply here
Hiring

Wipro is hiring fresh passout graduates, apply here

An Indian multinational corporation, Wipro is hiring fresher Graduates (Passouts) and additionally for various other profiles. Commenting on the hiring process the company said on its career page, “At Wipro, we endeavor to provide a formidable platform for professionals who will be our change agents – catalysts who are torchbearers of our fortitude to excel […]

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Revolut India appoints Flipkart’s Sandeep as Head of People
CHRO Move

Revolut India appoints Flipkart’s Sandeep as Head of People

A British financial technology company, Revolut India has announced the appointment of Sandeep Nainwal as Head of People. Paroma Chatterjee CEO of Revolut India said, “Within a short span of one and a half years, we have grown to become a team of 60+ employees in the India core team and over 800 employees across all the […]

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A startup fired 70% of staff due to reported incorrect financial data
Layoffs

A startup fired 70% of staff due to reported incorrect financial data

Indian Startup of an online vehicle repair platform, GoMechanic fires nearly 70% of the workforce due to Reported Incorrect Financial Data. Amit Bhasin cofounder GoMechanic shared a LinkedIn post saying, “We founded GoMechanic In 2016 to bridge the gap between process-oriented authorized service centers and cost-effective local workshops for people who were looking for a […]

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TCS modifies its appraisal process to make employees WFO
Work Model

TCS modifies its appraisal process to make employees WFO

As per Businesstoday reports, an Indian multinational IT services and consulting company, Tata Consultancy Services (TCS) has modified its appraisal system so that the employees can work from the office. As per the email reviewed by Business Today, the employees are expected to work from the office for 3 days from the nearest TCS office. The […]

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Vedanta Cairn Oil and Gas appoints Nick Walker as CEO
C-Suite Move

Vedanta Cairn Oil and Gas appoints Nick Walker as CEO

Vedanta Cairn Oil & Gas, India’s largest private oil and gas exploration and production company, has appointed Nick Walker as Chief Executive Officer, effective January 5, 2023. Before this appointment, Mr. Walker was President and Chief Executive Officer at Lundin Energy, one of the leading European independent E&P companies. Having worked previously in companies like […]

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TCS, Infosys, Wipro, HCLTech net employee addition drops by 93% in Q3
Industry

TCS, Infosys, Wipro, HCLTech net employee addition drops by 93% in Q3

India’s top four IT giants Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech net employees addition drops by 93% in Q3FY23. Infosys, HCL Tech, and TCS added 1,940 employees in Q3FY23. Total Addition These companies added 28,832 employees (freshers and lateral hires) in Q3FY23. On the other hand, the net addition has come down by 45% […]

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BigBasket is hiring for various internships; 2023-24 Freshers Apply
Hiring

BigBasket is hiring for various internships; 2023-24 Freshers Apply

The best online grocery store in India, BigBasket is hiring for various internships such as Design Research, UX Writing/Communication, Product Design, and Research Intern. The company commented on the hiring process on its career page: “BigBasket thrives on out-of-the-box thinking and relentless pursuit of excellence. We are looking for people who share our passion for […]

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Tata Power promotes e-learning in Jamshedpur, to upskill females
Industry

Tata Power promotes e-learning in Jamshedpur, to upskill females

Spearheading technology-driven learning in Jamshedpur, Tata Power, India’s largest integrated power company, inaugurated a digital literacy van and a computer literacy centre for the students of Jojobera. The initiatives are a part of Tata Power’s larger endeavour to bridge the digital and gender gaps and encourage e-learning among younger generations in Jamshedpur. The digital literacy […]

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