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Volkswagen has no plans to cut , jobs, CEO Herbert Diess told staff in an internal video messag...
General Motors India to lay off , workers at Talegaon plant According to an ET report, on Friday...
Nokia to cut up to , jobs in two years Finnish telecoms equipment maker Nokia announced on Tues...
Volkswagen to cut up to 5,000 jobs via early retirement Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial retirement to older employees in a move that could cost several hundred million euros, company sources said on Sunday. Volkwagen said in a statement it had […]
Coca-Cola to cut 2,200 jobs globally According to ABC News, Coca-Cola is cutting approximately 2,200 jobs globally as part of a company reorganization plan. Some 1,200 of those job cuts will be in the U.S., and about 500 of them will be in the Atlanta area, where the company is headquartered, according to Scott Leith, […]
Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified employees that it will eliminate jobs this week as the hardware giant seeks to cut costs while navigating a faltering global economy. During a quarterly all-hands meeting Monday, Dell’s Jeff Clarke told staff that the workforce reductions won’t be limited to any specific […]
Accenture layoffs target up to 25,000 low performers: Report Accenture is cutting as many as 25,000 jobs around the world as it seeks to pare down its nearly half-a-million strong workforce, according to a published report. The Australian Financial Review reported that a first round of cuts happened earlier this month and more are expected […]
Boeing offers second volunteer layoff package with pay and benefits to employees Boeing Co confirmed on Monday, 17 August that it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the company battles a coronavirus-induced slowdown in global air travel. Earlier in May this year, Boeing had announced to layoff close to 7,000 employees as coronavirus […]
Oracle lays off developers in Commerce Cloud biz- Report San Francisco: Cloud major Oracle has reportedly laid off several developers who were part of its Commercial Cloud service owing to falling market share in that business vertical. A report in The Registrar cited “sources close to the development teams in Northern Ireland and Massachusetts, US” who confirmed a number […]
Cognizant faces legal action from IT Union, KITU over layoffs of bench employees Karnataka State IT/ITeS Employees Union, KITU (the first registered IT union in Karnataka) said it had opened a Help Desk to support the affected employees of Cognizant and initiated the legal action after receiving complaints from dozens of technology workers who had […]
Amdocs to lay off hundreds of employees worldwide, including senior positions Israeli telecom systems IT solutions provider Amdocs Ltd is set to lay off hundreds of employees in Israel and around the world due to the impact of the coronavirus pandemic. According to a report published in Israeli-based website Calcalist, Amdocs’s quarterly earnings is around $1 […]
Textiles and apparel major Raymond has fired hundreds of employees across the board, since February. The company had started the process due to varied reasons like the group company’s mounting debts, the slowing down of the economy, and the last hammer to the coffin was the COVID-19 crisis. It was found that the company not […]
Uber India lays Off 600 employees amid slowdown, a 25% of total workforce 2,400 in the country Uber India on Tuesday, 26 May, announced to lay off around 600 full-time employees due to the impact of the coronavirus crisis, a week after Ola slashed its workforce. The affected employees would be from across driver and rider support among […]
Cleartrip has laid off 400-500 employees. the company’s spokesperson said the Covid-19 crisis has caused severe business disruption in the travel industry. The spokesperson said, “we have had to reluctantly downsize our workforce. We are providing all necessary support to affected employees.” When TOI asked about the number of employees affected, the company declined to share details. It has around 1,000 employees. […]
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 […]
