Tag: Firing
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...
Uber cuts one fourth of its India workforce, lays off 600
Like many other businesses, companies such as Uber have been hit severely by the nationwide lockdown. In order to limit the damage, the vehicle...
Virtual exit for virtual employees
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...
Barclays to lay off 100 senior employees
In a bid to cut costs, Barclays, the British lender, is expected to lay off about a 100 senior employees. It is reported that...
Hero Motocorp fires 30 staff members on ethical grounds
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 .
Apple fires employee for iPhone X leaks by daughter
The American multinational technology company has stringent policies wherein the staff is sworn to secrecy regarding product info.
Tesla Motors fires over 400 employees in annual appraisal process
The Company will also be hiring new employees considering the high demand for its vehicles.
Next qtr will see more hiring and firing: Survey
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.