Tag: Firing
Infosys terminates hundreds of freshers
Indian IT giant, Infosys, has reportedly terminated hundreds of freshers in recent months after they failed an internal fresher assessment (FA) test, according to...
Is Salesforce going to lay off more employees?
After laying off hundreds of its employees in November 2022, Salesforce seems to be preparing for yet another round of job cuts.
The enterprise software...
Teachmint lays off 5% of its workforce
Teachmint, an Indian edtech startup has decided to lay off 45 employees, that is, about five per cent of its total workforce. Without disclosing...
HP to cut at least 4,000 jobs in 3 years
In an attempt to cut annual costs by about $1.4 billion, Hewlett-Packard, the computer-manufacturing company, is planning to let go about 4,000 to 6,000...
Indian employee fired 2 days after joining Meta
When Himanshu V relocated to Canada a few days ago, he had not even in his wildest dreams imagined that he would be fired...
Thousands may be laid off at Meta this week
Meta, which is Facebook’s parent company, is all set to lay off thousands of employees this week.
As per Wall Street Journal, a formal announcement...
Philips to let go 4,000 employees
Philips is planning to cut five per cent of its workforce, globally. That means, about 4,000 employees will be asked to leave. The tech...
Sacked employee sues Tesla for ‘unprofessionalism’
A former Tesla employee, Roosevelt Jointer, from Reno, Nevada, has filed a case in a Texas court because the auto company sacked him without...
BNP to pay banker $327,300 for unfairly firing him years after...
BNP Paribas, the France-based international bank, will be liable to pay a former employee/banker — who was fired by the Bank following a newspaper...
Better.com CEO back to work after firing 900 virtually, apologising
Vishal Garg, who grabbed headlines for the brutal manner in which he fired about 900 employees of Better.com, the digital mortgage lending service, has...
700 fired at Mayo Clinic for not meeting vaccination deadline
Minnesota-based Mayor Clinic fired about 700 employees for not getting vaccinated within the set deadline of January 3, 2022. Of course, those who had...
FedEx will let go over 6,000 employees in Europe
American multinational delivery services company, FedEx, has decided to reduce its workforce by about 6,300 employees in Europe. The job cuts will be carried...
Employees continue to lose jobs worldwide
In Melville, US, the Newsday Media Group is all set to layoff a significant number of employees in the IT, advertising, marketing, security and...
Deutsche Bank to shut 200+ branches , 350 jobs at risk
Deutsche Bank’s retail banking sector plans to close 200 branches over the next two years. This means, about a 100 branches of Deutsche Bank...
Google in the dock for forcing Black tech co-lead to resign
Over 1,400 members of Google’s workforce have come together to protest the firing of Timnit Gebru, technical co-lead at the technology company’s ethical artificial...
VMware ‘rebalances’ workforce, lays off 200 employees
While layoffs are resorted to as part of cost-cutting measures by most organisations, there are also companies that lay off their employees as part...
Vodafone Idea sacks nearly 1500 employees as a cost-cutting measure
In a bid to cut operational costs, telecom operator, Vodafone Idea (VIL), has laid off nearly 1500 permanent employees.
Responding to the financial crisis at...
PayU lays off staff at credit lending unit, PaySense
PayU, the fintech company owned by Naspers, has slashed jobs at its digital credit-lending business, PaySense. Although the exact number of layoffs is yet...
Social-media posts allege forced termination of ICICI staff, Bank denies
Several social-media posts by people, claiming to be ICICI employees, seem to suggest that many ICICI staff have lost their jobs during the pandemic....
Cognizant to lay off nearly 18000, faces legal action from KITU
After receiving numerous complaints from employees of the IT firm Cognizant, Karnataka State IT/ITeS Employees’ Union (KITU) said it had initiated legal action against...
Tesla denies allegations of threatening employees with termination
After several Tesla employees alleged that the Company threatened to fire them for not returning to work, the electric car company has denied having...
Airbus to sack 15,000 employees, calls it ‘gravest crisis ever’
The impact of the coronavirus pandemic and the lockdown it triggered is clearly visible in the aviation industry. The latest to go for downsizing...
Press Council of India seeks clarification from The Hindu for sacking...
The outbreak of coronavirus has been devastating for many industries and the latest to feel the pandemic heat is the media industry. Enforcing pay-cuts,...
PaisaBazaar slashes over 1500 jobs
The lockdown has cost yet another mass job loss. This time it’s at SoftBank-funded PaisaBazaar.com, where 1,500 employees have been shown the exit door....
Sensitive dismissals are the need of the hour
Businesses across all sectors have had a tough time this year, with only a few of them beginning to get back on their feet....
Coronavirus impact: BookMyShow to lay off and furlough employees
Online ticket booking company, BookMyShow, has laid off or furloughed 270 employees, making it the latest addition to the list of well-funded consumer internet...
Taiwan’s Yang Ming Marine Transport is giving workers 30 months’ salary...
Early this year, Yang Ming Marine Transport Corp. of Taiwan had awarded 12 months’ salary as bonus. Now, the shipping company has gone ahead...
Latest
Vistara to expand fleet and workforce this fiscal year; cancels plans for US flights
Vistara, the full-service carrier, has announced its plans for the current fiscal year, including the addition of 10 planes and the hiring of over...
Shallinder Singh takes charge as director (personnel), THDC
Having completed his masters in business administration from Himachal Pradesh University in 1989, Singh embarked on a successful journey. He began his professional career...
Rebel Foods grants Rs 550 cr worth ESOPs to kitchen and corporate staff
Rebel Foods, a startup specialising in cloud kitchens, has granted employee stock ownership plans (ESOPs) to more than 5,000 employees. As reported by many...
ZoomInfo to cut 3% global workforce
US-based marketing technology company, ZoomInfo has announced plans to trim its workforce by 3 per cent. The decision comes as a part of company’s...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
