Rupyy, the fintech powerhouse under the CarDekho Group umbrella, has officially announced the appoin...
A new shift is emerging in Indias tech landscape as employees from global giants like Microsoft and...
Truecaller, the popular caller identification and spam-blocking platform, has announced it will redu...
In a massive boost to Central India’s industrial landscape, the Adani Group has pledged to generate over 120,000 new jobs in Madhya Pradesh by the year 2030. Pranav Adani, Director of Adani Enterprises, reaffirmed this commitment during the inauguration of a major project in Guna, emphasizing the group’s long-term vision to transform the state into a multi-sectoral […]
The United States government has unveiled a comprehensive plan to significantly increase the prevailing wage requirements for H1-B visa holders. This move, aimed at protecting domestic wages and ensuring that high-skilled foreign labor does not undercut American workers, marks one of the most substantial shifts in immigration policy in recent years. The Move Toward High-Skilled “Premium” Labor […]
Cloudflare, Inc., a leading provider of cloud security and connectivity solutions, has announced a significant workforce reduction, cutting approximately 1,100 jobs. The move signals a strategic pivot as the company prioritizes artificial intelligence (AI) integration and seeks to overhaul its underperforming sales operations. Cloudflare Restructuring for Performance and Efficiency The layoffs primarily impact Cloudflare’s sales and […]
In a significant address to the nation, Prime Minister Narendra Modi has called for a collective effort including work from home to stabilize the Indian economy as global oil prices reach record highs. Highlighting the severe impact of international supply chain disruptions, the Prime Minister urged citizens to adopt a “mission-mode” approach to conservation, suggesting […]
Infosys Limited has secured a landmark contract worth over $500 million from U.S.-based Truist Financial Corp. The agreement involves establishing and managing a massive Global Capability Centre (GCC) in Hyderabad. This center is expected to create at least 4,500 new jobs over the next few years. The Build-Operate-Transfer (BOT) Model The project will be executed under a Build-Operate-Transfer (BOT) framework. Under […]
Cognizant Technology Solutions has launched a sweeping strategic initiative titled “Project Leap,” aimed at fundamentally reshaping its operating model for an AI-driven future. The program, detailed during the company’s recent Q1 2026 earnings call, involves a major workforce realignment that industry reports suggest could lead to the reduction of 12,000 to 15,000 jobs globally. The “Shorter and Broader Pyramid” […]
Tech giant Wipro Limited has announced a significant expansion of its share capital through the allotment of 5,431,631 equity shares to eligible employees. The move, disclosed in a regulatory filing on May 6, 2026, is part of the company’s ongoing strategy to leverage equity-based incentives to retain high-performing talent and align employee interests with long-term shareholder value. Wipro ESOPs: […]
Odisha Chief Minister Mohan Charan Majhi announced a significant increase in daily wages for all categories of workers on May 1, 2026. Speaking at the state-level celebration of International Labour Day, the Chief Minister revealed an upward revision in the Variable Dearness Allowance (VDA), aimed at mitigating the impact of rising inflation on the working class. Odisha Revised Wage […]
All India SBI Staff Federation (AISBISF) has announced a major escalation in its protest against the management of India’s largest public sector lender. Citing a “dangerous shift” in employment practices, the federation has called for a two-day nationwide strike on May 25 and 26, 2026, to oppose the increasing outsourcing of permanent banking roles and chronic staffing […]
Freshworks Inc. announced a significant restructuring on May 5, 2026, cutting approximately 11% of its global workforce. The move, which affects nearly 500 employees across its U.S. and Indian operations, is part of a strategic pivot toward an AI-driven business model designed to increase operational speed and efficiency. The AI-Led Transformation The decision to trim headcount is deeply rooted in the […]
As part of its ongoing “Back to Starbucks” transformation, Starbucks Coffee Company has announced a sweeping series of compensation updates for its U.S. workforce. Starting in August 2026, the company will transition all U.S. “partners” (employees) to a weekly pay schedule, fulfilling widespread requests for faster access to earnings. Performance-Based Bonuses and Increased Earnings A centerpiece of the new […]
