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The Income tax department has recently issued notices that have slapped nearly staff. These empl...
Karnataka IT- minister Priyank Kharge has expressed concern over the rising attrition rate among wom...
A multinational information technology services and consulting company, HCL Tech announced the resul...
There is potential risk employees face in asking to work remotely on a permanent basis, the company could outsource their job to India instead to save 40% in labour costs. Work from home has seen an increase during the Covid-19 pandemic however the jobs that could be completed fully remotely are at risk. Andrew Lokenaut […]
IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announcing the decision to reduce the company’s global team by 13%. Amplitude is a digital analytics platform that gives self-service visibility into the entire customer journey. The IT company has the brain behind more than 45,000 digital products at over 1,000 […]
Tata Consultancy Services (TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2023. The company added 22,600 employees during FY23. There has been a steep decrease as compared to its net addition in FY22. Milind Lakkad, Chief HR Officer, said: “As we grow the TCS […]
Due to Inflationary pressures, the Russia-Ukraine crisis, and the US and European banking spiral it is expected that Indian IT companies may cut down the hiring of engineers by around 40 percent year-on-year (YoY) in FY24. Due to the economic uncertainty, layoff wave, and current conditions, there are major possibilities that there is less risk of […]
Many companies earlier delayed the onboarding of employees now the reports show that campus hiring for IT and tech slows down by 25% amid layoffs. The impact of layoffs is huge on campus hiring as the number of companies hiring for core tech roles has come down by almost 20-25 percent as the companies have reduced […]
By the reports of the Economic Times, engineering colleges have witnessed a tough placement season due to the hiring slowdown. Harpreet Singh Saluja, Founder-President of Nascent Information Technology Employees Senate said, “This situation will remain till the U.S. economy recovers” The companies have initially delayed the onboarding of the employees and also reduced the salary […]
As per various reports, the tech giant Google has asked its employees to share the desks and work on alternative days in order of cost-cutting exercise. According to CNBC reports, Google spokesperson said, “Since returning to the office, we’ve run pilots and conducted surveys with Cloud employees to explore different hybrid work models and help […]
IT employee union Nascent Information Technology Employees Senate (NITES) has filed a complaint against Wipro in the Labour Ministry. Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company has reduced the employee’s salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh […]
Recently, IT giant, Cognizant announced the appointment of Ravi Kumar S as CEO and a member of the Board, effective immediately. He replaced outgoing Brian Humphries who will remain with the Company as a special advisor until March 15, 2023. Ravi Kumar S joins Cognizant after a 20-year career at Infosys where he held various leadership roles, most recently working as […]
An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023. HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development […]
An Indian multinational information technology company, Infosys has announced results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023. The company hired around 6,000 freshers in Q3FY23. In starting of FY23, Infosys had given a fresher hiring target of 50,000, and 40,000 of them are hired in the first half of the […]
According to the media reports, an American technology company focusing on e-commerce, Amazon employees are furious over being forced to work after a co-worker died on the floor. In a warehouse in Colorado Springs, an employee named Rick Jacobs died on the job after experiencing a cardiac arrest. The employee died just before a shift change. Post this […]
