15070 posts found
Working from home? Oh! its a holiday for you. Many of us have heard this at different times, from...
TCS top management takes pay cut in financial year to conserve cash amid Covid- Tata Consulta...
Corporate entities and organizations strive hard to have a competitive edge in the global market by ...
Sharechat has recently laid off about 101 employees or 25% of its staff as the ongoing coronavirus pandemic impacts ad revenues According to an email sent to employees by Ankush Sachdeva, CEO of ShareChat, the advertisement market would remain unpredictable this year and the firm is streamlining its revenue teams to these new expectations. “We have to […]
Ola has announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees The decision comes in light of the COVID-19 pandemic, which has resulted in lockdowns that have drastically affected the whole cab-aggregation business of the company. In a company blog post written by the CEO Bhavish Aggarwal, the co-founder of Ola Cabs, made it […]
IKEA-backed home design and decor startup Livspace is laying off 15% of its workforce as the Covid-19 pandemic and resultant nationwide lockdown hit its business. The Bengaluru-based startup, Livspace Co-Founder and Chief Executive Officer Anuj Srivastava assured the impacted employees of severance pay along with an assistance package, as part of which every employee will receive a portion of […]
Infosys a global leader in next-generation digital services and consulting, on 19 May announced that it is partnering with the State of Rhode Island in launching a privacy-first contact tracing solution to help Rhode Islanders and state officials slow the spread of coronavirus throughout the state. This is part of the state’s effort to safely reopen […]
Businesses in current times operative in a very volatile environment. Changing the technology landscape, competition from new industry segments, regulatory changes & political events impact businesses in more than one way. These changes place their own unique demands not only on leadership but also on the entire workforce. These changes are not only impacting the way […]
The Ministry of Home Affairs (MHA), Government of India has issued an order providing for certain relaxations and guidelines with respect to the fourth phase of the COVID-19 lockdown, which will be in effect till May 31, 2020. Through the order issued on May 17, the MHA has ceased all its previous orders, including the […]
Accenture has acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence. The move […]
PM Modi has announced Rs 20 lakh crore economic support package, intended to help the economy tide over the Covid-19 crisis. His strategy for the Aatmanirbhar Bharat was presented by the Finance Minister Nirmala Sitharama in four tranches. Finance Minister Nirmala Sitharaman detailed the package in five tranches, the last of which was announced on […]
Food delivery company Swiggy said today that it will lay off 1,100 employees over the next few days, as the coronavirus pandemic hit its core and cloud kitchen businesses. Sriharsha Majety, Co-Founder & Chief Executive Officer, the company said, “Today is one of the saddest days for Swiggy as we have to go through an […]
The IT firm Hexaware Technologies has been served a legal notice for firing employees, not allowing them to serve notice period, and not paying them salaries for the last three months The notice has been issued by the Labor Commissioner, based on a complaint filed by the National Information Technology Employees Senate (NITES), a nonprofit […]
Why is it important? We are living in an unprecedented time in which the technology is changing at an exponential phase. World Economic Forum’s Future of Jobs report predicts that 75 million jobs are expected to be displaced due to automation by 2022. At the same time, 133 million new roles (Fig. 1) will get created […]
Centre government extends lockdown till 31 May with new rules and guidelines, States are given more power Centre government has released the guidelines for the fourth phase of lockdown guidelines today. The demands and expectations of states on lockdown extension have been mixed- with some demanding the extension while others are in favour of opening […]
