Spotify has announced a major restructuring plan to reduce its global workforce by approximately ...
Cognizant has announced a major expansion of its strategic partnership with Google Cloud, aimed at a...
A total of women filed formal complaints of workplace sexual harassment on the governments reva...
India’s Global Capability Centers (GCCs) are poised for an explosive year of growth, with industry projections indicating the addition of 1.2 to 1.4 lakh new professionals to their payrolls in 2026. This surge marks a significant shift as multinational corporations increasingly move beyond back-office functions to establish high-value “centers of excellence” in Indian tech hubs. […]
In a significant move to stabilize the company’s financial health, employees at JSW Steel have overwhelmingly voted in favor of a temporary agreement to suspend certain non-core benefits. The staff vote, concluded this week, marks a pivotal moment for the Indian steel major as it navigates a challenging global economic environment and fluctuating commodity prices. […]
In a definitive move toward full-scale automation, Nvidia has officially rolled out the agentic coding tool Codex to its entire engineering workforce of 30,000. This company-wide deployment, announced in mid-February 2026, fulfills CEO Jensen Huang’s directive to automate every possible task within the organization using artificial intelligence. Nvidia Push for “Agentic” Engineering The deployment follows a series […]
The global technology sector has faced a turbulent start to 2026, with nearly 30,000 employee layoffs in the first 40 days of the year. Data from industry trackers like Layoffs.fyi reveals that at least 27 major companies, led by giants like Amazon and Salesforce, have implemented deep workforce cuts as they pivot toward AI-centric operations and […]
Mars, Incorporated has announced the appointment of Manish Syag as the new Managing Director for its Pet Nutrition business in India. Manish takes over from Salil Murthy. Murthy has been elevated to the role of Global Vice President, Enterprise Transformation for Mars Pet Nutrition, based in London. Manish will lead a portfolio featuring top-tier brands […]
In its latest annual report for 2025, released in February 2026, IT services giant Cognizant has for the first time extensively flagged significant reputational and operational risks stemming from its heavy reliance on offshore outsourcing. The New Jersey-headquartered firm, which maintains the vast majority of its workforce in India, warned that shifting political sentiments and […]
A new landmark study released on February 14, 2026, by the Indian Council for Research on International Economic Relations (ICRIER) and supported by OpenAI, suggests that India’s IT sector is successfully navigating the Generative AI (GenAI) transition. Contrary to global fears of mass layoffs, the report titled “AI and Jobs: This Time Is No Different” […]
In a significant move to bolster employee morale, IT major Infosys has announced an average performance bonus of 85% for the December-ended quarter (Q3 FY26). This payout marks the highest variable pay the company has distributed in several quarters, reflecting a period of robust deal wins and steady revenue growth despite a volatile global tech environment. […]
IndiGo, India’s largest airline, has launched one of the most significant recruitment drives in Indian aviation history, aiming to hire over 1,000 pilots. This strategic move comes as the carrier seeks to fortify its operations following a massive operational meltdown in late 2025 and to support its aggressive fleet expansion. IndiGo Addressing the December Crisis The […]
Converse, the iconic footwear brand owned by Nike, has announced a significant corporate restructuring aimed at streamlining operations and fueling long-term global growth. This strategic realignment follows a series of broader cost-cutting measures initiated by its parent company, Nike Inc., which is currently navigating a challenging retail environment and shifting consumer preferences. Converse Strategic Realignment […]
The Good Glamm Group, once celebrated as India’s first D2C beauty unicorn, is facing a severe crisis as insolvency proceedings reveal a growing trail of unpaid employee dues. The National Company Law Tribunal (NCLT) recently admitted an insolvency plea against the group’s parent entity, Sanghvi Beauty and Technologies. This follows a petition filed by a […]
