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According to a report innbspBloomberg, SoftBank-backed Oyo Hotels is in the process of handing out...
Walmart India is in the process of sacking around a third of its top executives based at local headq...
ITC Infotech presents Prarambh, a unique initiative that rapidly bridges the gap between edu...
PayPal India has announced a new Adoption Assistance Program where it is offering financial support of up to Rs 1 lakh per adoption for adoptive parents. This financial support will cover reimbursement of adoption expenses such as CARA registration, child placement, foster care and establishment of legal guardianship. The new program is effective from December […]
Due to the ongoing slump in the auto sector, Bosch Ltd will cut its India workforce by “a couple of thousands” in the next four years, Soumitra Bhattacharya, Bosch India Managing Director, has said. The company would let go around 10 percent of the total workforce of 3,700 white-collar employees in India as part of the company’s […]
According to Economic Times report, due to the falling rate of economic growth in 2019, the job market may remain muted in the new year as well in terms of workforce expansion and salary hikes as more and more companies are expected to prefer the up-skilling of existing staff rather than hiring new ones, experts […]
Honda Motorcycle & Scooter India (HMSI) has denied revision of wages to its around 1,900 permanent workers at the Manesar plant until next year, citing the slowdown in vehicle demand and falling revenues as the primary reason, two people aware of the development said. The last wage revision happened in August 2015, under which the […]
According to media reports, Online classifieds platform Quikr has laid off around 1,500-2,000 people from various verticals in the last one and a half months. It reportedly laid off 1,200 employees in Bengaluru and 138 in Pune. The layoffs are an outcome of an alleged scam where employees faked business transactions to earn crores in […]
Country’s two largest private sector banks Kotak Mahindra and Axis said they will hire a total of about 5,000 fresh graduates, with a greater emphasis on tech talent. Design skills, earlier not a focus area for banks, are now in demand too. Kotak Mahindra Bank said it would hire around 2,600 fresh graduates this year. […]
According to ET reports, Techies with digital skills will be the most sought-after professionals in 2020. There are currently 60,000-odd vacancies for new-age technologies like machine learning, artificial intelligence, and data analytics. “Recruiters say candidates can expect fat hikes of 35-60% upon switching jobs, with the number going up to 100% for those with data […]
The UP Government has cleared the land possession disputes for PepsiCo’s new plant in the Mathura district, the company will invest more than Rs 500 crore in the proposed plant at Kosi, Mathura through FDI route and create nearly 1,500 direct and indirect jobs. Earlier, UPSIDC had allotted 36 acres of land to PepsiCo but local farmers […]
Cognizant plans to layoff nearly 350 senior employees whose annual salaries between Rs 80 lakh and Rs 1.2 crore. Most of these employees are based out of India and are aged 50-55 years. Earlier in October this year, Humphries had said in a post-earnings call that a decision to let go of around 10,000 to […]
On 20th December, Google has announced to hire nearly 3,800 “in-house” employees in 2020 at various sites including in India who will provide customer care support. To date, customer and user support, such as answering calls, product troubleshooting and campaign set-up, has often been supplied by third-party companies on Google’s behalf. Troy Dickerson, Vice President, […]
The war for tech talent is going to get intense in FY21. India’s top five IT services companies – Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra are expected to account for more than 40% of the industry’s total recruitment in fiscal 2021. According to the ET report, India’s technology sector is […]
Oyo Hotels and Homes is planning to layoff about 2,000 employees pan India across functions by the end of January 2020. The divisions like sales, supply, and operations will account for a chunk of the layoffs. According to the company, layoffs are intended to save manpower costs and make some of its processes “more tech-enabled”. […]
