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Cognizant losses , employees during the April-June quarter, as part of its strategy to reduce c...
Swiggy is laying off more employees as part of final realignment exercise Swiggy l...
Huawei cuts India revenue target, laying off upto staff ET Report Chinese telecom company...
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 […]
Uber has closed down Mumbai office permanently as part of a global cost-cutting measure COVID-19 Impact: The ride-hailing app Uber has closed down its Mumbai office as part of a global cost-cutting measure. Uber has wind up as many as 45 offices around the world as part of global cost cuts. According to media reports, The […]
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 […]
Accenture cuts up to 900 jobs in UK as Covid-19 pandemic hits demand Consulting firm Accenture is cutting up to 900 jobs, or 8% of its UK workforce, as the coronavirus pandemic prompted a sharp slump in demand for its advisory work. Demand for consultants has dropped during the financial downturn caused by the pandemic, […]
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 […]
Airbus finalizing thousands of job cuts as CEO confirms 40% reduction in output European aerospace company, Airbus was finalizing an imminent restructuring plan expected to include thousands of job cuts on Monday as its chief executive confirmed plans to hold output down by 40% for two years. Airbus could set out its largest ever reorganisation […]
Exclusive Conversation with Biplob Banerjee, Chief People Officer, ABD India Ltd Biplob joined ABD in November 2018 and presently serves as Chief People Officer, leading human resource functions including talent acquisition and retention, learning and development, employee engagement, and welfare, rewards, recognition, compensation, and benefits. Biplob has over 25 years of experience in the fields […]
