Tag: Firing

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...

When Himanshu V relocated to Canada a few days ago, he had not even in his wildest dreams imagined that he would be fired...

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 is planning to cut five per cent of its workforce, globally. That means, about 4,000 employees will be asked to leave. The tech...

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 Paribas, the France-based international bank, will be liable to pay a former employee/banker — who was fired by the Bank following a newspaper...

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...

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...

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...

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’s retail banking sector plans to close 200 branches over the next two years. This means, about a 100 branches of Deutsche Bank...

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...

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...

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, the fintech company owned by Naspers, has slashed jobs at its digital credit-lending business, PaySense. Although the exact number of layoffs is yet...

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....

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...

After several Tesla employees alleged that the Company threatened to fire them for not returning to work, the electric car company has denied having...

The impact of the coronavirus pandemic and the lockdown it triggered is clearly visible in the aviation industry. The latest to go for downsizing...

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,...

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....

Businesses across all sectors have had a tough time this year, with only a few of them beginning to get back on their feet....

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...

Like many other businesses, companies such as Uber have been hit severely by the nationwide lockdown. In order to limit the damage, the vehicle...

When it comes to layoffs, there is never an easy way to go about it. It is a complicated, time-consuming affair and one of...

In a bid to cut costs, Barclays, the British lender, is expected to lay off about a 100 senior employees. It is reported that...

These employees were not only found guilty of fudging travel-expense bills, but also of accepting personal favours, gifts and other benefits from some of the vendors, suppliers and dealers . 

The American multinational technology company has stringent policies wherein the staff is sworn to secrecy regarding product info.

The Company will also be hiring new employees considering the high demand for its vehicles.

Around 38 per cent of participating companies plan to fire managerial-level employees, while there will be only 29 per cent reduction in the workforce in the current quarter. Speed of hiring is expected to go up from 62 to 88 per cent.