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Volkswagen to cut up to , jobs via early retirement Carmaker Volkswagen plans to cut up to ,...
Coca-Cola to cut , jobs globally According to ABC News, Coca-Cola is cutting approximately ,...
Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified e...
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 […]
Sharechat has recently laid off about 101 employees or 25% of its staff as the ongoing coronavirus pandemic impacts ad revenues According to an email sent to employees by Ankush Sachdeva, CEO of ShareChat, the advertisement market would remain unpredictable this year and the firm is streamlining its revenue teams to these new expectations. “We have to […]
Ola has announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees The decision comes in light of the COVID-19 pandemic, which has resulted in lockdowns that have drastically affected the whole cab-aggregation business of the company. In a company blog post written by the CEO Bhavish Aggarwal, the co-founder of Ola Cabs, made it […]
IT Major Cognizant is seeing another churn among senior executives. Several senior vice-presidents (SVPs) and vice-presidents (VPs) have resigned recently from the company. According to the TOI report, among these are Jaideep Poondir, SVP in the banking and financial services vertical, Rajesh Balaji, SVP, and delivery head of enterprise application services practice, and Vinayambika Kidiyur, […]
