Following a dip in stock prices in the face of a financial crisis, Aurora Cannabis, the Canadian licensed cannabis producer,…
Browsing: Layoff
Daimler is cutting costs with greater intensity now, and is reportedly planning to lay off about 15000 employees. In November…
As part of a business overhaul, Cognizant spent approx. $49 million on the employees it laid off and invested $29…
South African Airways (SAA) is planning to decrease its wage bill by cutting jobs as soon as possible. The state-owned…
Following a huge drop in profits last year, Swiss private bank, Julius Baer (JB), is now planning to cut 300…
With economic growth being extremely slow in the United Arab Emirates (UAE), particularly in Dubai, the Dubai Islamic Bank (DIB)…
Close on the heels of Tony Hall, director general, British Broadcasting Corporation (BBC), stepping down, the British public service broadcaster…
Close on the heels of the layoffs at Oyo, the online travel information providing company, TripAdvisor, is also planning to…
There has been a slowdown in all sectors, globally, including the DNA testing and analysis space. 23andMe Inc. is all…
Jaguar Land Rover (JLR), owned by Tata Motors, will be laying off about 500 employees—10 per cent of the workforce—…
Jasmit Singh, head-enterprise sales, Oyo, posted on LinkedIn to help place co-workers who have been rendered jobless. Following the…
The hotel partners seem to have received no communication from OYO about its downsizing and are unable to contact the…
In a bid to cut costs, Barclays, the British lender, is expected to lay off about a 100 senior employees.…
Opel, the German car manufacturer and subsidiary of Peugeot, is all set to lay off 2,100 workers in a bid…
The objective is to reduce the headcount by 20 per cent Oyo, the hospitality chain, is set to lay off…
Involuntary attrition on the other hand, has been on the rise, because of performance-based assessments Despite layoffs, the attrition rate…
OYO Hotels and Homes is planning to increase the number of job cuts to 2000, that is, about 1500 more…
Hospitality company, OYO, is planning to cut down its workforce in India by 500. Employees in the partner-facing experience and…
Despite the economic slowdown and the volatile market, Tata Motors has quashed rumours of downsizing. In fact, the Company is…
Ola, the ride-hailing company, is gearing up to downsize. It plans to cut about 15 to 20 per cent of…
Tata Steel, the Indian multinational steel manufacturing company, is all set to strengthen its European business and increase profits. In…
WeWork will lay off at least 4,000 people from its workforce, globally, in a bid to cut down losses. The…
Resignations can be of two types, voluntary and involuntary. In the former, employees leave on their own for various personal…
Infosys is reportedly planning to lay off about 2,200 senior managers, that is, those belonging to the job level 6,…
Union of IT and ITES employees (UNITE) is not ready to take the recent announcement made by Cognizant to lay…
Cognizant, the information technology company, is planning to lay off 7000 employees in the next couple of quarters. The Company…