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Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified e...
At least to K ITITeS employees are likely to lose their jobs over the next few quarters due ...
Accenture layoffs target up to , low performers Report Accenture is cutting as many as , ...
Yamaha Motor India to layoff 200 employees as the company battles with low production at its plants Yamaha Motor India Group has planned to layoff about 200 employees across various divisions like production, procurement, sales, and marketing. According to the ETAuto report, Yamaha Motor is restructuring the production process at the Surajpur facility, Greater Noida […]
VMware, Inc. a software company to layoff 200 employees in India VMware, Inc., an American publicly traded software company has let go of nearly 200 employees in India as part of its latest workforce rebalancing plan to align its employees to its strategic objectives. According to TOI report, earlier in this year, VMware asked 200 of […]
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 losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major Cognizant has recently announced its results for the April-June quarter, and they revealed that the company’s headcount had reduced by 10,500 people in the quarter. While in the previous quarter […]
Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]
Huawei cuts India revenue target, laying off upto 70% staff– ET Report Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. […]
Tata Technologies puts less than 400 employees on the bench due to COVID-19 impact on business A global engineering & product development digital services company, Tata Technologies, has put some of its employees on the bench till 31 Dec 2020 due to COVID-19 impact on business. Tata Technologies spokesperson said, “fewer than 400 employees had been […]
Microsoft cuts jobs across geographies and teams as it enters new fiscal year According to media reports, Microsoft has trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. Business Insider had earlier reported that the company cuts under 1,000 jobs across its business this week. A company […]
American Airlines to furlough 25,000 employees in this year October 2020 American Airlines will issue notices to 25,000 employees that they face potential furloughs on October 1, two tops executives said in a memo. The federal bailout for the airline industry, which will be lifted on October 1, prohibited layoffs, involuntary furloughs or pay cuts for employees, reports Xinhua news […]
Pune Labour Commissioner office asked Capgemini to reinstate 300 fired employees during the lockdown French IT services major Capgemini has been asked by the Pune Labour Commissioner office to immediately reinstate 300 employees who were fired during the lockdown. According to a trak.in report, during the lockdown, Capgemini had terminated around 300 employees in Pune, Maharashtra. […]
OYO makes all staff shareholder in the company by granting them discounted ESOPs Covid-19 impact: In a letter to staff, Oyo Hotels and Homes said it’s making every employee a shareholder in the company, providing them with deeply discounted ESOPs (Employee Stock Ownership Plan). The hospitality major Oyo also noted that the COVID-19 pandemic has had […]
Strike at Tata Steel’s Dutch plant ends after agreement on jobs IJMUIDEN: Workers at Tata Steel’s main plant in the Netherlands ended a three-week strike on Friday after the company said there would be no compulsory layoffs under a planned reorganisation of its Dutch operations. “We are pleased to announce we have reached an agreement […]
