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Asias biggest internet company, Tencent Holdings Ltd fired more than employees. The reaso...
An American multinational technology company, Microsoft will sack , employees worldwide due to ...
According to reports, Aditya Birla Group and Vodafone Group partnership company, Vodafone Idea have ...
Bloomberg | Amazon: With job cuts mounting across tech, finance, and other industries, why wait to get fired when you can skip directly to being hired? The move, called “career cushioning,” involves lining up a plan B while still fully employed, especially when job cuts are imminent. This is usually done discreetly — perhaps a networking […]
According to Business Today, an Indian multinational ridesharing company, Ola has fired 200 people in a fresh round of layoffs. The layoffs are across Ola Cabs, the ride-hailing business, and Ola Electric, the electric vehicle manufacturing company. Earlier in September, Ola laid off nearly 200 employees across the engineering segment. The company earlier made headlines […]
The Kerala High Court has held that the contractual staff can’t be sacked for poor performance without prior notice. Case Background The appellants were appointed as the Attender and Part-Time Sweeper at the dispensary in Mananthavady. However, The appointments to the post were done after due selection. The court has set aside an order from […]
In another round of layoffs, an Indian educational technology company, Unacademy will let go of around 40 people. NextLevel, which was launched last month as a product that would ‘disrupt LinkedIn’ and make resumes irrelevant. Unacademy has laid off more than 1,200 employees since the start of 2021. The company has halved its team […]
The UK PM Rishi Sunak plans a new Law to let employers fire workers. This legislation will allow employers in essential sectors to terminate the employment of striking workers. The proposed legislation is already facing opposition in the House of Lords from Keir Starmer. The leader of the opposition Labour Party has warned that if […]
In 2022, over 1 lakh employees lost their jobs across various sectors. But in less than 9 days in January over 30,000 employees have lost their jobs. The layoff number has exceeded December in a few days. Data from the layoff tracker shows that a total of 30,611 people from 30 companies were laid off […]
An American multinational fast food chain, McDonald’s CEO Chris Kempczinski has confirmed that the company may layoff employees in April 2023 as part of a cost-cutting exercise. The layoff will affect the employees from the corporate wing of the company. The CEO has told Wall Street Journal that “some jobs that are existing today are either […]
As 2023 started the news of layoffs. Recently, upGrad-owned learner-centered institution, Harappa has announced to sack of nearly 70 employees or 35% of its 200-strong workforce. As per reports, the affected employees have been told to serve a month’s notice, and no other severance benefits have been offered to them. The layoffs have affected mainly […]
According to ET, After 6 months of being sacked a BPO employee (Anoop Singh) shoot his former manager in Noida. The condition of the manager is critical and is admitted to the hospital. Anoop Singh worked in BPO as a data entry operator in NSB BPO under Phase-1 in Noida Sector 2. The injured employee Sadrul […]
According to the Wall Street Journal, an American multinational technology company, Amazon is laying off more than 17,000 employees, which is 70% more employees than previously planned. However, The job cuts that began last year were expected that it will affect nearly about 10,000 people. The reduction is concentrated in the firm’s corporate ranks. The […]
As per earlier reports, An American multinational technology company focusing on search engine technology, Google is expected to lay off 6 percent of employees in 2023. The employees who will fall under the low-performance bracket will be affected. As per the recent reports, several employees have written a letter to the company’s Vice President of Human […]
According to the recent survey report, by the Wall Street Journal “The ZipRecruiter” said 79 percent of laid off staff in the tech industry landed a new job within three months. However, the survey did not disclose information on whether they received new employment with the same, higher, or lower compensation packages. Julia Pollak, the chief […]
