Latest News on Layoffs
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Layoffs - Total results - 58
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.
Jun 06, 2017
IT sector employees seek help from government to stop 'illegal' layoffsThe state government said it is contemplating legal aid to information technology sector employees after they called for action to stop "illegal" layoffs.
May 26, 2017
Tech Mahindra March quarter net profit drops 31% to Rs 588 croreFor 2016-17, the company posted 6 percent decline in net profit at Rs 2,812.9 crore compared to Rs 2,992.9 crore at the end of 2015-16.