Tag: Workforce Reduction
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.
What’re the HR software for small businesses, SMEs and startups?
Human resources (HR) software have come to be indispensable tools for businesses of all sizes, including small businesses, SMEs (small and medium-sized enterprises) and...
What’s inside this cloud company’s in-house happiness portal
ESDS Software Solutions, a cloud services and data centre solutions company, has innovatively embraced the notion of employee satisfaction through a unique survey platform,...
PARTNER POSTS
Future of talent acquisition in the age of generative AI
If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...
Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition
Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...
EY UK faces job cuts amidst industry challenges
The Big Four firms (Deloitte, EY, KPMG, and PwC) are facing challenges such as increasing costs and less demand. EY in the UK is...
Latest
EY UK faces job cuts amidst industry challenges
The Big Four firms (Deloitte, EY, KPMG, and PwC) are facing challenges such as increasing costs and less demand. EY in the UK is...
Has leak by employee’s son ruined 1st reveal of video game?
Rockstar Games, the American video game firm, had created quite the hype with its intention to release the first trailer of the Grand Theft...
44% jobs in Meghalaya not being reserved for STs?
The Hynniewtrep Youth Council (HYC) has been urging the Meghalaya government to order all Central government offices and institutions to reserve 44 per cent...
Coforge allots shares to employees
Coforge, an IT company, has allotted 19,179 equity shares to its employees on 3 December, 2023. This decision from its ESOP Allotment Committee is...
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....
