It Layoffs
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Opendoor Layoffs: American Company Shuts India Operations, 250 Employees Lose Jobs
Opendoor CEO Kaz Nejatian announced the decision in a note shared with the company's entire team on Tuesday, which he later posted publicly on X.
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Some Cheer For IT Professionals But Also A Warning
Kotak Institutional Equities has said Indian IT companies generally let go of 1-3% employees after annual performance measurement and this year, there could be a slightly higher proportion of layoffs - around 2-4%.
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Amid IT Layoff Fears, Techies Urged To 'Go Back To The Drawing Board'
Automation has put to risk nearly 5 lakh jobs from India's IT sector in next five years, a report said.
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Lost Your IT Job? A Scholarship To Help You 'Bounce Back'
To be eligible for the scholarship, applicants must have been laid-off less than 60 days prior to applying.
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Lost Your IT Job? A Scholarship To Help You 'Bounce Back'
To be eligible for the scholarship, applicants must have been laid-off less than 60 days prior to applying.
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India's Job Confidence Outlook Highest in Asia Pacific Market
A majority of Indian professionals - 84% - favourably viewed their job and economic situation in the next six months, according to the Michael Page Job Applicant Confidence Index Q2 2017.
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Layoffs At Indian Tech Companies: What We Know In 10 Points
Industry body Nasscom has described as "incorrect and misleading," reports of mass layoffs in India's IT companies, saying they are still hiring 1.5 lakh people every year. Nasscom president R Chandrashekhar has explained that tech companies are moving away from scale and towards skill. As tech giants make headlines for handing out thousands of pin...
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Telangana Minister Says Retrenchments Common In IT Industry
A few employees of Cognizant recently approached the state Labour Department alleging that the IT company was forcibly taking resignations from employees citing poor performance.
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Infosys CEO Vishal Sikka Says Challenging Journey Ahead Worth Fighting For
Sikka assured all stakeholders that Infosys will improve and move ahead despite challenges.
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IT Workers Flay Steep Hike In Top Executives Compensation
According to the 2017 annual report of Infosys that was published on the company's website, payouts of at least four Infosys executives have increased by over 50 per cent in the previous fiscal year.
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After IT Companies Lays Off Thousands, Narayana Murthy Expresses Sadness
The development comes at a time when IT companies like Wipro and Cognizant are taking measures to control costs.
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Bengaluru Techies To Meet Karnataka IT Minister Over Layoffs
The attempt by the state to bring the sector under the law in March 2013 had caused panic among software companies, which are just slowly recovering from a global economic slump.
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No Downturn In IT Sector, Good Number Of Jobs To Come, Says Government
Union minister Ravi Shankar Prasad's statement comes against the backdrop of media reports that IT firms in India were in the midst of the industry's largest retrenchment drive due to US President Donald Trump's protectionist policies.
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For Techies, Performance Evaluations To Get Tougher, Says Former Infosys CEO
Infosys co-founder Kris Gopalakrishnan said he hadn't seen or heard anything about massive layoffs.
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Amid Layoffs, IT Workers Union Seeks Support From State Governments
"State governments give land at discounted rates in Special Economic Zones for IT companies to set up their (respective) office. Besides, the government also encourages IT companies to set up offices, as the companies would create huge employment opportunities."
-
Opendoor Layoffs: American Company Shuts India Operations, 250 Employees Lose Jobs
Opendoor CEO Kaz Nejatian announced the decision in a note shared with the company's entire team on Tuesday, which he later posted publicly on X.
-
Some Cheer For IT Professionals But Also A Warning
Kotak Institutional Equities has said Indian IT companies generally let go of 1-3% employees after annual performance measurement and this year, there could be a slightly higher proportion of layoffs - around 2-4%.
-
Amid IT Layoff Fears, Techies Urged To 'Go Back To The Drawing Board'
Automation has put to risk nearly 5 lakh jobs from India's IT sector in next five years, a report said.
-
Lost Your IT Job? A Scholarship To Help You 'Bounce Back'
To be eligible for the scholarship, applicants must have been laid-off less than 60 days prior to applying.
-
Lost Your IT Job? A Scholarship To Help You 'Bounce Back'
To be eligible for the scholarship, applicants must have been laid-off less than 60 days prior to applying.
-
India's Job Confidence Outlook Highest in Asia Pacific Market
A majority of Indian professionals - 84% - favourably viewed their job and economic situation in the next six months, according to the Michael Page Job Applicant Confidence Index Q2 2017.
-
Layoffs At Indian Tech Companies: What We Know In 10 Points
Industry body Nasscom has described as "incorrect and misleading," reports of mass layoffs in India's IT companies, saying they are still hiring 1.5 lakh people every year. Nasscom president R Chandrashekhar has explained that tech companies are moving away from scale and towards skill. As tech giants make headlines for handing out thousands of pin...
-
Telangana Minister Says Retrenchments Common In IT Industry
A few employees of Cognizant recently approached the state Labour Department alleging that the IT company was forcibly taking resignations from employees citing poor performance.
-
Infosys CEO Vishal Sikka Says Challenging Journey Ahead Worth Fighting For
Sikka assured all stakeholders that Infosys will improve and move ahead despite challenges.
-
IT Workers Flay Steep Hike In Top Executives Compensation
According to the 2017 annual report of Infosys that was published on the company's website, payouts of at least four Infosys executives have increased by over 50 per cent in the previous fiscal year.
-
After IT Companies Lays Off Thousands, Narayana Murthy Expresses Sadness
The development comes at a time when IT companies like Wipro and Cognizant are taking measures to control costs.
-
Bengaluru Techies To Meet Karnataka IT Minister Over Layoffs
The attempt by the state to bring the sector under the law in March 2013 had caused panic among software companies, which are just slowly recovering from a global economic slump.
-
No Downturn In IT Sector, Good Number Of Jobs To Come, Says Government
Union minister Ravi Shankar Prasad's statement comes against the backdrop of media reports that IT firms in India were in the midst of the industry's largest retrenchment drive due to US President Donald Trump's protectionist policies.
-
For Techies, Performance Evaluations To Get Tougher, Says Former Infosys CEO
Infosys co-founder Kris Gopalakrishnan said he hadn't seen or heard anything about massive layoffs.
-
Amid Layoffs, IT Workers Union Seeks Support From State Governments
"State governments give land at discounted rates in Special Economic Zones for IT companies to set up their (respective) office. Besides, the government also encourages IT companies to set up offices, as the companies would create huge employment opportunities."
