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According to Times of India reports, after Cognizant, now Infosys is laying off over , middle a...
HCL Technologiesnbsphas announced the launch of HCLs Google Cloud Business Unit to accelerate ent...
Telecom giant Vodafone announced today that all its employees worldwide will be offered weeks of ...
IT Major Cognizant plans to lay off at least 7,000 mid-senior level employees over the next few quarters. The company has also announced it would exit the content moderation business for clients such as Facebook and Google – a move that will affect another 6,000 jobs. The decision comes after a few investigations raised questions […]
The Indian telecom sector is staring at 40,000 job cuts over the next six months. Following the Supreme Court’s verdict asking telcos to pay up Rs 92,641 crore to the department of telecom (DoT) over the AGR (adjusted gross revenues) dispute, telecom companies might have to reduce their workforce by about 20 percent. “The Supreme […]
Suzlon, India’s leading wind turbine manufacturer company has seen an exodus of independent directors recently. All independent Indian directors including bank nominees have resigned from the board over the past two months. According to Business Line reports, Suzlon, India’s leading wind turbine manufacturer, defaulted on payment of Rs 1,169 crore ($172 million) due to its […]
IT major Wipro is planning to promote around 5,000 employees in the coming quarters, to check attrition and make the IT firm ready for future demand. “Attrition (rate) has been a good story for us as compared to others. We have given salary hikes and now are looking at a huge number of promotions in […]
Swiggy has said that the company plans to bring on board an additional 300,000 delivery executives within the next year and a half. That will take the total headcount to 500,000. At the company’s Tech Conference, Gigabytes which was held on 18th October 2019, Friday, Swiggy’s CEO, Sriharsha Majety expressed confidence over the company’s future […]
Highlights Uber has been downsizing its global team amid mounting losses These are expected to impact Uber’s businesses in the country Uber has 350-400 employees in India Uber has just laid off around 350 employees across a variety of teams within the organization. The company says its third and final phase of layoffs of the […]
IT major Cognizant drawing its attention back to reskilling initiatives to bolster growth. Economic Times reports, CEO, Brian Humphries said that the company will double its investment in technical education next year. Humphries has also asked employees to pledge to learn one new skill each quarter and to mentor one colleague each quarter. Referring to […]
According to Economic Times Reports, India’s IT Major TCS is also increasing the proportion of variable pay that’s linked to performance for experienced engineers as part of the rejig.- The process called Pyramid Rationalization — is predicated on having a larger number of employees with less than four years of experience and fewer employees with […]
Consumer durables, FMCG & retail sectors push talent demand for festive hiring: TimesJobsRecruiteX September 2019 New Delhi, October 10, 2019: With the beginning of the festive season, consumer-driven sectors such as consumer durables/FMCG (5%) and retail (12%) reported growth in talent demand in September 2019, says TimesJobsRecruiteX. Healthcare/Pharmaceuticals industry recorded the highest growth in talent demand […]
