Union of IT and ITES employees (UNITE) is not ready to take the recent announcement made by Cognizant to lay…
Browsing: Layoff
Cognizant, the information technology company, is planning to lay off 7000 employees in the next couple of quarters. The Company…
HSBC Holdings is planning another round of layoffs, wherein hundreds of its employees in the Middle East, North Africa and…
HSBC, the British multinational investment bank and financial services holding company, may lay off about 10,000 employees in a major…
It is not just the automobile industry that is facing a slump. The pharmaceutical sector is also facing pressure. Sanofi…
It is reported that 30 per cent of the contract workers in BSNL will be laid off, as the state-run…
Barely a month after Zomato, the online restaurant guide and food ordering platform, laid off 60 employees, it has again…
For some time now, Tata Steel has been trying to sell some of its non-core businesses. While Kalzip and Firsteel…
Apple has terminated 300 employees in Ireland, for listening to more than a 1000 of its digitial assistant, Siri’s, audio…
Bankrupt mobile company, Aircel, has laid off about 1,000 of its remaining workforce of 1,229. Meanwhile, the insolvency process is…
Falling demand and lack of government support are expected to be the reason for Parle Products considering a massive layoff…
Cauvery News, the television channel owned by Cauvery Power, Tamil Nadu, is going to close down. Except for a small…
In an attempt to cut costs and tackle the slowdown that has hit the automobile industry, Maruti Suzuki India has…
IBM is reported to have laid off almost 100,000 employees in the past five years, in trying to ensure a…
In a bid to get rid of underperformers, the zonal railways offices are busy compiling a list of staff members…
The Indian automobile industry has been witnessing plummeting sales for almost a year now. This has affected the business in…
Chinese handset manufacturer, Honor, has begun to lay off its employees in India in phases. The move follows the blacklisting…
Futurewei, the research wing of Huawei in the US, began to lay off more than 70 per cent of its…
Treebo Hotels, run and operated by hospitality company, Ruptub Solutions, has laid off about 100-120 employees, which is about 20…
Chinese multinational technology company, Huawei Technologies, plans to cut jobs extensively in the US as it has been struggling to…
Layoffs are not really a strategy, but an option resorted to when a company is not doing well or in…
Many employees at Deutsche Bank’s Bengaluru office have been given a month’s salary and asked to leave. They joined the…
Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion,…
Walmart, the American multinational retail company, is expected to lay off about 40 per cent of its senior pharmacists and…
All is not OK at Oyo Rooms in China and in India. The hotel network is facing trouble in both…
With demand for renewable power increasing by the day, Siemens is experiencing low demand for gas turbines. Therefore, the Company…