While layoffs are resorted to as part of cost-cutting measures by most organisations, there are also companies that lay off…
Browsing: Firing
In a bid to cut operational costs, telecom operator, Vodafone Idea (VIL), has laid off nearly 1500 permanent employees. Responding…
PayU, the fintech company owned by Naspers, has slashed jobs at its digital credit-lending business, PaySense. Although the exact number…
Several social-media posts by people, claiming to be ICICI employees, seem to suggest that many ICICI staff have lost their…
After receiving numerous complaints from employees of the IT firm Cognizant, Karnataka State IT/ITeS Employees’ Union (KITU) said it had…
After several Tesla employees alleged that the Company threatened to fire them for not returning to work, the electric car…
The impact of the coronavirus pandemic and the lockdown it triggered is clearly visible in the aviation industry. The latest…
The outbreak of coronavirus has been devastating for many industries and the latest to feel the pandemic heat is the…
The lockdown has cost yet another mass job loss. This time it’s at SoftBank-funded PaisaBazaar.com, where 1,500 employees have been…
Businesses across all sectors have had a tough time this year, with only a few of them beginning to get…
Online ticket booking company, BookMyShow, has laid off or furloughed 270 employees, making it the latest addition to the list…
Like many other businesses, companies such as Uber have been hit severely by the nationwide lockdown. In order to limit…
When it comes to layoffs, there is never an easy way to go about it. It is a complicated, time-consuming…
In a bid to cut costs, Barclays, the British lender, is expected to lay off about a 100 senior employees.…
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.