Tag: profits
Volkswagen trimming workforce in pursuit of profits
To enhance profitability, Volkswagen has announced its plans to reduce its workforce in the coming year. The decision comes as the car manufacturer aims...
The Washington Post to reduce headcount by 240 amidst dwindling subscriptions
Amidst dwindling subscriptions and advertisements, The Washington Post is looking to axe 240 jobs. It plans to bring these job cuts into effect by...
Japanese company’s family-friendly policies boost fertility and profits
Itochu Corp., one of Japan's leading trading houses, has defied the country's declining birthrate trend by effectively implementing measures to promote work-life balance and...
Wipro’s voluntary attrition rate falls; head count dips by 1,823 in...
As per Wipro’s financial results for Q4, the company witnessed a dip in employee count in the January to March quarter of 2023. The...
TCS, Infosys, HCL have hired less in Q4 than last year
It’s not just Alphabet, Salesforce, Amazon, Disney and Meta that are slowing down hiring, many Indian multinationals have also hired less than the previous...
Is Swiggy preparing to lay off employees?
In addition to losses, Swiggy, the food-delivery platform has been grabbing headlines for the ongoing strike by its employees in Kochi. Now, according to...
Amazon to lay off 10,000 amidst increasing losses
That recession is looming large is quite certain now as there are reports of Amazon planning to ask about 10,000 of its employees to...
Shell earns bumper profits, gives 8% bonus to staff
There is much reason for the 82,000-strong workforce of Shell to rejoice. The energy company has witnessed record profits, and has decided to give...
Capcom shares profits with staff, hikes salaries by 30%
Having posted record sales and profits, Capcom, the Japanese video game developer and publisher, is all set to share its good fortune and success...
Crypto jobs, profits on the rise in the US
Crypto jobs are on the rise in the US. The cryptocurrency market is flourishing and making big profits. As a result, people with low-paying...
SBI posts profits, to give staff 15 days’ pay as PLI
State Bank of India will be paying its employees 15 days of pay as performance-linked incentive. The Indian public-sector bank recently reported an 80.15...
HSBC announces 35,000 job cuts as profit falls in 2019
Europe’s largest bank, HSBC, has reported a 33 per cent fall in 2019 pre-tax profit, to $13.35 billion after it took goodwill impairment of...