Tag: Workforce Reduction
Wipro’s headcount dropped by 6,180 employees in sixth quarter
Wipro's employee strength has decreased for the sixth consecutive quarter. As revealed by the IT services giant's financial report for the period spanning January...
Dell announces workforce reduction amid sluggish PC demand
As a part of a broader cost-cutting initiative, Dell Technologies has announced a workforce reduction. The decision comes amidst a prolonged period of sluggish...
Flipkart implements annual job cuts, 5-7% workforce reduction
As per media reports, Flipkart, owned by Walmart, is undergoing a workforce reduction that could lead to a five to seven per cent decrease...
Spinny merges divisions, lays off 4.5% of workforce
Spinny, a used car retailing platform, has recently taken a significant step in its operations, but that has come at a cost. The company,...
Haleon to reduce workforce in a cost cutting move
Haleon, the world's largest independent consumer health company, is planning significant job cuts in the UK and globally, according to a report by The...
Fresh round of layoffs at Microsoft; 276 employees to lose jobs
Technology giant Microsoft, headquartered in Washington State, has decided to lay off 276 employees, primarily from its customer service, support, and sales teams. The...
Amdocs to lay off 2000 employees in cost-cutting move
Amdocs, a software and communications service provider, plans to lay off approximately 2,000 employees, or 6.5 per cent of its total workforce. The decision...
Tesla to lay off workers in China amid growing market challenges
Tesla, an electric carmaker, is reportedly undergoing a workforce reduction at its Gigafactory in Shanghai, China. While the exact number of employees affected remains...
Deutsche Bank to reduce 1700 jobs in next few years
Deutsche Bank, the largest bank in Germany, plans to reduce its retail job workforce by 10 per cent which means around 1,700 jobs out...
90 employees laid off as Reddit announces 5% job cuts
Reddit, the popular social media website, has announced its plans to lay off approximately 5 per cent of its workforce, resulting in around 90...
Layoff news from all over the world
Happay
Under a restructuring plan, Happay, a corporate expense management platform owned by CRED, has let go of 35 per cent of its workforce. The...
ABP to reduce its workforce by 40 per cent
On one hand, if sales professionals and techies are to gain jobs due to demonetisation, on the other, a large number of journalists and ad-sales professionals are to lose their jobs.
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Spotify’s layoff fallout: CEO admits challenges despite profits
Spotify, the music-streaming platform, made headlines last December when it executed its largest ever round of layoffs under the leadership of Daniel Ek, CEO,...
AI Engineering Services staff call off strike planned for today
Thanks to the technicians of AI Engineering Services calling off a strike that they had earlier called for today, that is, 23 April, 2024,...
Navendu Shekhar named head HR at India Today
After serving as director-HR (business, strategy and corporate functions) at Cashree Payments for well over two and a half years, Navendu Shekhar has joined...
Roche reimagines the office: A wellness oasis for the digital age
The office is dead. Long live the office, but not as we knew it. The past two years of remote work have fundamentally reshaped...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
