It Layoffs News
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.
Nasscom advised IT companies to adopt sensitivity and transparency while dismissing an employee
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
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.
60,000 employees working at various IT companies have received termination orders from service, said FITE General Secretary
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.
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 said the number of layoffs is really 300-400, which is consistent with what we have seen every year
Anomalies in employment data should get addressed with the just-launched NSSO survey, Panagariya said
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
The IT industry has dealt with the job loss issue several times in the past, too.
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.
Whenever there is a downturn, there is always noise about unions coming into play in the IT industry but it never sustained, Balakrishnan said
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.
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
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.
There have been reports suggesting that over 50,000 people could be laid off this year from companies like Wipro, Infosys and Cognizant
IT professionals should be able to shift and guide their dreams to the new reality, say experts
Monitor your budget; cut your expenses, especially on the entertainment front; sit tight and don't worry; it will pass
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