Tag: 10
Rivian plans 10% workforce cut amid financial challenges
Rivian plans to reduce its workforce by around 10 per cent to save money. The decision was revealed during the company's fourth-quarter earnings call...
10% of Australian workforce laid off: Meta
In the recent wave of layoffs at Meta, approximately 10 per cent of its Australian workforce has been affected, aligning with the company's global...
Axe falls on 10,000 jobs at Meta
Meta is cutting jobs yet again, after laying off 11,000 members of its workforce in November 2022. In the latest round of job cuts,...
Alphabet to fire 10,000 poor performers
Alphabet, the parent company of Google is preparing to reduce its workforce by six per cent. It will let go about 10,000 employees based...
Top performers of Infosys get 20-25% increment
A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...
Wipro announces 10% increment, to grant promotions every quarter
In an attempt to control attrition, Wipro, the Indian multinational software company has announced that most of its employees will receive a 10 per...
Layoffs begin at Tesla
It hasn’t been long since Elon Musk, CEO, Tesla had expressed concern over the state of the economy and that a 10 per cent...
Lufthansa to let go 29,000 in 2020, 10,000 in 2021
With no hope of returning to pre-COVID levels of demand for at least another five years, German airline, Lufthansa, has decided to let go...
Bajaj Auto resorts to cost cutting, deducts 10% salary till May...
While many Indian companies are laying off their employees in the name of cost cutting, Bajaj Auto has announced a deduction of 10 per...
Wipro creates hundreds of jobs in the US
Indian multinational informational technology company, Wipro, will soon be offering about 200 jobs in the Richmond area, where it has now set up an...
Gravity Payments’ employees receive unbelievably high raise
Employees at Gravity Payments, the credit card processing company in Idaho, experienced an unexpected windfall recently. Their CEO decided to give each one of...