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Nike announces likely job cuts, million lossnbspdue to COVID- on its business globally. Nik...
District judge orders work from home, judges not to call staff to courts amid the rise in COVID- c...
Fidelity International rolls out an equal parental leave of up to weeks for all staff globally. F...
Accenture to curb hiring and halt some promotions as cost cutting measures Accenture Plc, one of the world’s largest consulting firms, will curb hiring and halt some promotions in the midst of the coronavirus pandemic. New hiring will focus on the replacement of subcontractors, Chief Executive Officer Julie Sweet said Thursday on an earnings call. […]
Tata Group plans layoffs to save fixed costs as profit dips- Report According to The Times-News Network (TNN), as the COVID-19 crisis continues, The Tata Group may eliminate jobs at some businesses to save fixed costs as it grapples with falling profits due to the pandemic, and global economic projections pointing to a challenging time […]
GoDaddy announced restructuring plan, says to impact 814 employees Web hosting company GoDaddy Inc on Wednesday announced a restructuring plan that will affect about 12% of its total workforce, or about 814 employees, due to the fallout from the coronavirus crisis. The world’s largest domain registrar said the employees will either be let go or […]
Cognizant started laying off bench employees, the number could reach up to 18,000 employees Cognizant has started terminating its bench employees, the process is simple– move to the bench and induced resignation after 41 days. Moneycontrol also reports, the terminations are happening at the associate level, mostly mid-level employees, and above, those employees who are […]
US President Donald Trump issued a proclamation to suspend issuing of H-1B, H-2B, J, L, and other temporary work permits for immigrants until December 31, 2020. The proclamation comes into effect from 24 June. Trump said, “it is aimed to provide employment opportunities to more than 20 million Americans who have lost their jobs in […]
MobiKwik plans to hire 100 people in this fiscal including for product and engineering functions. Fintech major MobiKwik on Sunday said it expects to get back to growth trajectory around August-September as digital transactions pick up at offline retailers, and demand in categories like travel returns. The company also plans to hire about 100 people […]
BMW has confirmed that the German manufacturer is looking at axing at least 10,000 contract workers, in an effort to reduce its capacity due to the coronavirus crisis and help mitigate growing costs. According to Reuters to The Munich-based company said earlier on Friday it had reached an agreement with the works council for a […]
Air India on Friday introduced a “shorter working week scheme” under which its permanent employees, except pilots and cabin crew members, can opt to work for three days a week at 60 percent salary, said, senior airline officials. This measure has been introduced in order to improve the airline’s cash flow position amid the coronavirus […]
IBM is planning to reduce its office space in India by half, as the work-from-home model gains popularity after the COVID-19 outbreak. American IT giant IBM is planning to reduce its office space in India by half, as the work-from-home model gains popularity after the COVID-19 outbreak. The company plans to discontinue lease agreements at half of […]
33% of Infosys Workforce to Work From Home permanently only 66% to come to the office According to a report published in Trak.in, Richard Lobo, Executive Vice President, Head HR, Infosys said in a media interaction that in the long term, around 80,000 Infosys employees will never come to the office, they want 33% of […]
HSBC to reignite its prior plan for a massive 35,000 job cut which it had put on hold after the coronavirus outbreak On 17 June, Wednesday, HSBC, international bank, announced it will reignite its prior plan for a massive 35,000 job cut, which it had put on hold after the coronavirus outbreak. The layoffs were […]
Ecom Express plans to hire 7,000 employees in next 2 months in India The Gurugram-based logistics solutions provider company Ecom Express on 17 June, Wednesday announced it is planning to hire over 7,000 employees for full-time jobs across India in the next two months. The full-time openings span across business functions such as last-mile delivery, warehousing management, operations, information technology, […]
