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Indian IT cos expect layoffs, shrinking job market in next six months: Survey
Business

Indian IT cos expect layoffs, shrinking job market in next six months: Survey

The IT industry is looking at adjusting the talent pool, considering major hiring in junior and mid levels while contemplating layoffs in the senior slab, the survey of 500 Indian IT employers across India said.

Layoffs: IT firms should show sensitivity, transparency, says Nasscom
Business

Layoffs: IT firms should show sensitivity, transparency, says Nasscom

Nasscom advised IT companies to adopt sensitivity and transparency while dismissing an employee

Tech Mahindra layoffs: Hyderabad HC issues notices to co, Telengana govt; seeks reply in 3 weeks
Business

Tech Mahindra layoffs: Hyderabad HC issues notices to co, Telengana govt; seeks reply in 3 weeks

The sacking has been termed unlawful as the staff were in discussion with the management and labour commissioner over the manner of retrenchment

Tech Mahindra sacking: Anand Mahindra's apology tweet no solution; IT cos' HR policies need to change
Business

Tech Mahindra sacking: Anand Mahindra's apology tweet no solution; IT cos' HR policies need to change

Why do companies act rudely when asking employees to leave? Either they want to avoid paying compensation or simply there is no employee ‘incompetency’ to report about.

IT layoffs: Forum for IT Employees seeks State goverments' support
Business

IT layoffs: Forum for IT Employees seeks State goverments' support

60,000 employees working at various IT companies have received termination orders from service, said FITE General Secretary

Infosys chief Vishal Sikka calls on Arun Jaitley ahead of Narendra Modi-Trump meeting
Business

Infosys chief Vishal Sikka calls on Arun Jaitley ahead of Narendra Modi-Trump meeting

Infoys's ramp up in local hiring in the US is also aimed at placating the Donald Trump administration that has been critical of outsourcing firms.

IT layoffs: Do startups offer a ray of hope to those retrenched? Not really; here's why
Business

IT layoffs: Do startups offer a ray of hope to those retrenched? Not really; here's why

The truth is there are not many avenues open that can cushion the layoffs in such a massive scale. Would startups -- termed job creators -- be able to take back some of the available talent in the IT sector?

Infosys refutes reports of large-scale job losses, says will hire 20,000 people this year
Business

Infosys refutes reports of large-scale job losses, says will hire 20,000 people this year

Infosys said the number of layoffs is really 300-400, which is consistent with what we have seen every year

IT layoffs: NITI Aayog's Arvind Panagariya dismisses fears, says world in grip of ‘robophobia’
Business

IT layoffs: NITI Aayog's Arvind Panagariya dismisses fears, says world in grip of ‘robophobia’

Anomalies in employment data should get addressed with the just-launched NSSO survey, Panagariya said

IT layoffs: Here's why Narayana Murthy's brand of 'compassionate capitalism' is not a solution
Business

IT layoffs: Here's why Narayana Murthy's brand of 'compassionate capitalism' is not a solution

It is not right to compare Murthy, who had taken Re 1 salary in 2013 when the company was going through a rough patch, and the current senior management

Narayana Murthy asks senior executives to take pay cuts to prevent IT job losses
Business

Narayana Murthy asks senior executives to take pay cuts to prevent IT job losses

The IT industry has dealt with the job loss issue several times in the past, too.

IT jobs in India seen declining 14% by 2021 as automation puts 480,000 workers at risk
Business

IT jobs in India seen declining 14% by 2021 as automation puts 480,000 workers at risk

Top IT companies have been complaining for a while about the difficulty of picking up new clients as businesses explore automation, robotics and innovative technologies such as cloud computing.

IT layoffs: Techies well taken care of, no need for union, says V Balakrishnan
Business

IT layoffs: Techies well taken care of, no need for union, says V Balakrishnan

Whenever there is a downturn, there is always noise about unions coming into play in the IT industry but it never sustained, Balakrishnan said

IT layoffs: Narayana Murthy says it's sad, but offers no comment on likely job cuts at Infosys
Business

IT layoffs: Narayana Murthy says it's sad, but offers no comment on likely job cuts at Infosys

Infosys had announced that it could hand out pink slips to hundreds of mid and senior-level employees as it carries out bi-annual performance review amid a challenging business environment.

IT layoffs: Why is PM Narendra Modi, proponent of Digital India, silent? Staff forum asks
Business

IT layoffs: Why is PM Narendra Modi, proponent of Digital India, silent? Staff forum asks

The Forum for IT Employees is asking those being laid off to take written statements from the companies explaining in no uncertain terms why they are being sacked

H-1B: Nasscom steps up lobbying with US lawmakers on visa, immigration curbs
Business

H-1B: Nasscom steps up lobbying with US lawmakers on visa, immigration curbs

The IT industry body paid a total amount of US $1,50,000 (nearly Rs 1 crore) to its two registered lobbyists in the first quarter of 2017.

IT layoffs: Nasscom denies huge job cuts, urges engineers to 're-skill or perish'
Business

IT layoffs: Nasscom denies huge job cuts, urges engineers to 're-skill or perish'

There have been reports suggesting that over 50,000 people could be laid off this year from companies like Wipro, Infosys and Cognizant

IT layoffs: Situation is not that bleak but are you ready to take a cut in salary, position?
Business

IT layoffs: Situation is not that bleak but are you ready to take a cut in salary, position?

IT professionals should be able to shift and guide their dreams to the new reality, say experts

Layoff season tips: Here's how you survive a job loss with tight finances
Business

Layoff season tips: Here's how you survive a job loss with tight finances

Monitor your budget; cut your expenses, especially on the entertainment front; sit tight and don't worry; it will pass

IT to layoff up to 2 lakh engineers annually for next 3 years, and Trump is not the reason
Business

IT to layoff up to 2 lakh engineers annually for next 3 years, and Trump is not the reason

Because of the changing technology, the most affected will be professionals aged 35 and above and it would be very difficult for them to get jobs