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The war between Iran, United States, and Israel is no longer just a political issue. It is now affec...
At the World Economic Forum WEF in Davos, Infosys CEO Salil Parekh delivered a subtle but fir...
The Ford India plant will shut down soon. About , workers of Ford India Pvt Ltds plant ar...
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 […]
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. […]
Schindler reports lower revenue and profit for H1 2020; announces cost optimization program On Friday, 24 July, Swiss elevator and escalator maker Schindler announced 2,000 job cuts over two years after first-half profit fell more than a quarter, as the COVID-19 pandemic slammed the brakes on projects and recovery remains years away. Revenue –8.7%, order […]
A lot many are fearing loss of job, some have already seen pay cuts and appraisals are getting delayed almost for everyone — The Covid-19 crisis and the ongoing lockdown has left employees feeling anxious and worried about their future, prompting many corporates to look for ways to keep the staff motivated. Some are roping […]
