Latest News on Layoffs
Showing of 0 - 10 from 70 results
Layoffs - Total results - 70
Jan 12, 2019
Elon Musk's SpaceX to cut 10% of workforce; cites 'difficult challenges' aheadIn December, SpaceX was reported to raise $500 million, taking its valuation to $30.5 billion.
Nov 26, 2018
Jet Airways layoffs: Airline fires 16 more people working as ground staff in Kochi, Hyderabad offices to cut costsLate last month, Jet Airways had laid off 20 employees, including some senior-level executives from the in-flight services department.
Apr 13, 2018
Economy growing but layoffs still aplenty in India; Information Technology sector worst-hit, says reportEven as the economy grows, job layoffs continue to remain a "commonplace" with IT industry employees experiencing more pain than the others
Dec 11, 2017
India Inc promises better pay hikes of 10-15% in 2018; mobile manufacturing, fintech, startups seen to hire the mostHR experts believe infrastructure, telecom, manufacturing and IT will be among the industry verticals that will grow substantially in the coming year.
Jul 19, 2017
Gentle deceleration in IT hiring due to focus on efficiency, innovation, says junior minister ChaudharyThe growth in total employees stood at 7 percent in 2014-15, which came down to 6 percent the following year and was 5 percent in 2016-17
Jul 14, 2017
Infosys vs TCS: Gross hiring at both cos hit multi-quarter lows; Q1 result comparison in 7 chartsTCS added just 11,202 employees gross basis in Q1, sharply down from 20,093 in the previous quarter
Jun 22, 2017
RBI Governor Urjit Patel says not pessimistic on IT jobs, startups should helpIn the past few months a number of IT majors such as Infosys, Wipro, Cognizant, IBM and Tech Mahindra have either announced or are believed to be mulling job cuts
Jun 21, 2017
Nasscom's deferred IT sector guidance tomorrow; skilling likely to be central themeNasscom for the first time deferred giving its outlook of the US $155 billion industry in February and postponed to April-June quarter, as the headwinds including immigration and H-1B visas, rise.
Jun 13, 2017
Karnataka to come up with a policy to address the problem of IT layoffsKharge had said he would take up any demand for formation of trade unions in information technology sector for discussion if the workers bring it to the notice of the state government.
Jun 09, 2017
Infosys denies report of Narayana Murthy, other co-founders selling stakes; terms it speculativeThe report published by an English daily said the promoters wanted to sell their entire stake as they were unhappy over the manner in which the company was being run since their exit three years ago.