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An employee at Maruti Suzukis Manesar plant has tested positive for COVID-, according to a compan...
IBMnbspconfirmed, it is cutting an unspecified number of jobs, but wouldnt provide details relate...
Cleartripnbsphas laid off -nbspemployees. the companys spokesperson said thenbspC...
IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000 employees, will honour the nearly 15,000 job offers already made to freshers, and no salary cuts for any employee. Apparao VV, Chief Human Resources Officer, HCL said that HCL won’t roll […]
Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]
“Working from home? Oh! it’s a holiday for you”. Many of us have heard this at different times, from family or friends. I for one, experienced this widely held belief within my social circle, whenever working from home was mentioned. This was of course, the Pre-COVID-19 world (as we knew it). Fast forward to Mar […]
TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report, Chief Executive Officer, Rajesh Gopinathan’s remuneration shrank 16.5% to INR 13.3 crore in 2019-20 compared to the previous fiscal. Gopinathan’s pay package is 214.65 times the median salary of TCS. In […]
Sharechat has recently laid off about 101 employees or 25% of its staff as the ongoing coronavirus pandemic impacts ad revenues According to an email sent to employees by Ankush Sachdeva, CEO of ShareChat, the advertisement market would remain unpredictable this year and the firm is streamlining its revenue teams to these new expectations. “We have to […]
Ola has announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees The decision comes in light of the COVID-19 pandemic, which has resulted in lockdowns that have drastically affected the whole cab-aggregation business of the company. In a company blog post written by the CEO Bhavish Aggarwal, the co-founder of Ola Cabs, made it […]
IKEA-backed home design and decor startup Livspace is laying off 15% of its workforce as the Covid-19 pandemic and resultant nationwide lockdown hit its business. The Bengaluru-based startup, Livspace Co-Founder and Chief Executive Officer Anuj Srivastava assured the impacted employees of severance pay along with an assistance package, as part of which every employee will receive a portion of […]
Infosys a global leader in next-generation digital services and consulting, on 19 May announced that it is partnering with the State of Rhode Island in launching a privacy-first contact tracing solution to help Rhode Islanders and state officials slow the spread of coronavirus throughout the state. This is part of the state’s effort to safely reopen […]
The Ministry of Home Affairs (MHA), Government of India has issued an order providing for certain relaxations and guidelines with respect to the fourth phase of the COVID-19 lockdown, which will be in effect till May 31, 2020. Through the order issued on May 17, the MHA has ceased all its previous orders, including the […]
Accenture has acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence. The move […]
PM Modi has announced Rs 20 lakh crore economic support package, intended to help the economy tide over the Covid-19 crisis. His strategy for the Aatmanirbhar Bharat was presented by the Finance Minister Nirmala Sitharama in four tranches. Finance Minister Nirmala Sitharaman detailed the package in five tranches, the last of which was announced on […]
Food delivery company Swiggy said today that it will lay off 1,100 employees over the next few days, as the coronavirus pandemic hit its core and cloud kitchen businesses. Sriharsha Majety, Co-Founder & Chief Executive Officer, the company said, “Today is one of the saddest days for Swiggy as we have to go through an […]
