In addition to losses, Swiggy, the food-delivery platform has been grabbing headlines for the ongoing strike by its employees in…
Browsing: losses
Jaguar Land Rover (JLR) is looking out for talent in the areas of artificial intelligence, machine learning, data science, as…
Philips is planning to cut five per cent of its workforce, globally. That means, about 4,000 employees will be asked…
SpiceJet has reportedly deposited the tax deducted at source (TDS) of all its employees for the financial year 2021-22. The…
The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may…
While OYO, the hospitality services platform had cut down on bonuses and even salaries, its financial reports show that the…
SpiceJet is reportedly not depositing the provident fund (PF) in the accounts of its employees. It is alleged that the…
For the second straight month, SpiceJet employees haven’t received their salaries on time. It is reported that many employees, including…
Snapchat, the multimedia instant messaging app and service, is reportedly gearing up to reduce headcount. Its parent company, Snap reported…
On 21 June, the Kerala High Court ordered that the salaries of the employees of the Kerala State Road Transport…
For the second time in about three months, the workers at the Bokaro Steel Plant (BSL) halted work to demand…
Heineken, the Dutch brewing company, will be asking about 8,000 employees to leave after having posted net loss of $247…
A decision is yet to be taken regarding whether to sell Reebok or not, but Adidas is reportedly considering it.…
Following huge losses, of up to €1.6 billion ($ 1.9 billion), the German multinational, Thyssenkrupp, is considering laying off 5,000…
Royal Dutch Shell is set to slash about 7,000 to 9,000 jobs by 2022, that is more than 10 per…
Tata Motors is planning to lay off 1,100 temporary employees at its luxury Jaguar Land Rover (JLR) unit, in pursuit…
Europe’s largest bank, HSBC, has reported a 33 per cent fall in 2019 pre-tax profit, to $13.35 billion after it…
South African Airways (SAA) is planning to decrease its wage bill by cutting jobs as soon as possible. The state-owned…
Bharat Sanchar Nigam (BSNL) as well as Mahanagar Telephone Nigam (MTNL) have been incurring losses for some time now. As…
Hiring for software and services has been temporarily frozen at Uber Technologies, for the US and Canada operations, in the…
In an attempt to cut costs and tackle the slowdown that has hit the automobile industry, Maruti Suzuki India has…
Bharat Sanchar Nigam (BSNL), the State-run telecom company, has not paid the February salaries to almost 1.76 lakh employees owing…
Bharat Sanchar Nigam Limited (BSNL), the State-owned telecommunications company, which has been reporting losses since 2016, is taking severe measures…