Tag: acquisition
CIEL Group advances towards IPO; acquires Aargee Staffing Services
CIEL Group, an HR solutions provider, has acquired the entire equity stake of Aargee Staffing Services, an IT staffing company. The acquisition is expected...
ETS acquires Wheebox, the talent measurement & assessment firm
Wheebox, the fully-owned subsidiary of human resource tech firm, PeopleStrong, has been acquired by ETS, an independent nonprofit organisation that helps learners access opportunities...
Nextiva to expand India team by 100 members
Nextiva, a connected communications firm is looking to expand its 100-strong India team by another 100. The Arizona-based firm had acquired Simplify360 and entered...
UBS to axe 3,000 jobs following 100% absorption of Credit Suisse,...
After finalising the merger of Credit Suisse into UBS, the latter recently revealed that it was going to completely absorb Credit Suisse's 100 year...
Closure of Houston office of Credit Suisse will lead to job...
Credit Suisse was bought over by the UBS Group in June. Post this acquisition, UBS had revealed its intention to reduce headcount in the...
UBS to axe 50% of Credit Suisse workforce post emergency takeover
The first of three rounds of layoffs will see some employees of Credit Suisse in London, New York and parts of Asia losing their...
Has Oracle axed hundreds of jobs, withdrawn offers?
Oracle, the American multinational software company, has axed hundreds of jobs in its health unit. It has also withdrawn several job offers and cut...
3000 laid off at Oracle-acquired Cerner
It has hardly been a year since cloud company, Oracle, acquired Cerner, the electronic healthcare records firm, and already 3,000 employees have been laid...
Zoom acquires Workvivo for its customers
Zoom has announced that it will acquire Workvivo, which will provide its customers with new and innovative ways to keep employees informed, engaged, and...
Malaysia-based TROOPERS acquired by BetterPlace
BetterPlace, a SaaS platform for managing frontline workforces, has acquired TROOPERS, a Malaysian flexi talent solutions technology company, which is the company's second significant...
Will sale of Credit Suisse to UBS affect staff in India?
The global finance crisis in the banking sector has caught up with Credit Suisse too. The Bank was sold to UBS in a deal...
Citigroup axes jobs in investment banking, mortgage units
Citigroup Inc. is axing hundreds of jobs, primarily impacting the investment banking and mortgage units. This round of job cuts will hardly affect one...
Will Air India staff have to pay Rs 95,000 monthly for...
Air India has been directed by the Government to deduct up to Rs 95,000 per month from the salaries of its employees who have...
More jobs to be axed at Twitter?
Only last week Twitter had made headlines when many employees had quit the social-media company in response to Elon Musk’s ‘ultimatum’.
Musk had said that...
Are Twitter employees overworked?
A picture of a Twitter employee sleeping in a sleeping bag on the floor of the office has gone viral, suggesting that Twitter staff...
“Reckless layoff will intimidate staff, affect users”: Twitter employees to Musk
In an open letter, some employees at Twitter have communicated to Elson Musk that it will be very “reckless” of him to lay off...
Twitter to restructure business, no company-wide layoff planned
Twitter employees have been really worried about their future, what with Elon Musk, CEO, Tesla, first announcing his intention to take over, his keenness...
‘Don’t comment on Musk deal on social media’: Twitter directs employees
After Elon Musk’s legal team conveyed to the US securities that they would want to opt out of the $44 billion deal of acquiring...
‘WFH only for exceptional staff’: Musk to Twitter employees
The much publicised virtual meeting wherein Elon Musk, CEO, addressed the employees of Twitter, took place on 16 June, 2022. During the meeting, Musk...
Elon Musk’s first interaction with Twitter staff on 16 June
Elon Musk, CEO, Tesla, will address the employees of Twitter for the first time since his bid to acquire the social-media company earlier this...
Reebok to lay off 150 ahead of acquisition by ABG
Boston-based brand, Reebok is being sold to Authentic Brands Group (ABG) after years of existence under the German sportswear giant, Adidas. While Reebok is...
Unacademy acquires professional networking and future-of-work platform, TapChief
Unacademy, the Indian learning platform has acquired TapChief, the professional networking and future-of-work platform. As part of the deal, Unacademy will acquire a majority...
Wipro signs $700 million acquisition deal with Metro AG
In a $700 million IT partnership deal, Wipro has acquired German multinational company, Metro AG. As a result, around 1,300 employees from the company...
Workplace communication platform, Slack, to be acquired by Salesforce
Cloud-based software company, Salesforce, is all set to acquire workplace messaging app Slack, as part of its efforts at business expansion. Slack is an...
Churchill II to merge with Skillsoft and acquire Global Knowledge
Churchill Capital Corp II will merge with Skillsoft, as per an agreement entered into by the two parties. The transaction is valued at about...
CBSI India and staff to now operate as part of FirstMeridian
FirstMeridian, the HR platform, has announced 100 per cent acquisition of technology company, CBSI India. The information technology (IT) staffing business and its employees...