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Total 215 results found. Search for [ job cuts ]

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BT Online
September 21, 2017
Private sector lender Yes Bank has cut around 2,500 jobs which constitute more than 10 per cent of its workforce. The bank said it has a process of identifying bottom performers every year as part of its normal appraisal cycle.
BT Online
September 20, 2017
The deal entails combining Tata's plants in the Netherlands and the UK with Thyssenkrupp's German assets and would be managed through a lean holding company based in the Netherlands. This entity will rival Europe's top producer, ArcelorMittal.
PTI
September 7, 2017
About 7 lakh low skilled workers in IT and BPO industry in India are likely to lose their jobs to automation and artificial intelligence by 2022, says a report by US-based research firm HfS Research.
BT Online
New Delhi, August 1, 2017
The announcement came a day after Snapdeal called off a merger deal with Flipkart to pursue its independent path.
BT Online
July 31, 2017
With the collapse of its ongoing merger talks with Flipkart, online marketplace Snapdeal may witness mass layoffs as the company looks to cut down 80 per cent of its employee strength, media reports said.
PTI
New York, July 7, 2017
The layoffs under the restructuring at the technology giant led by India-born Satya Nadella will mostly affect sales, and as many as 3,000 jobs will be cut.

June 25, 2017

The UKs largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.

PTI
Mumbai, June 22, 2017
Reserve Bank Governor Urjit Patel today said he is not overly pessimistic about employment scenario in the IT sector, pointing out that mushrooming startups can compensate for job losses.
Nevin John
New Delhi, June 16, 2017
N Chandrasekaran, the Chairman of Tata group, called for the importance of data excellence in every business for achieving growth.
BT Online
New Delhi, June 9, 2017
Muthy and other founders of Infosys have not been happy with the way CEO Vishal Sikka has been handling compnay's corporate governance. However, this is no reason to leave, Murthy asserted.
Rajeev Dubey
New Delhi, June 5, 2017
In the midst of the filibuster about widespread job losses in India, here are some facts to ponder over…
PTI
New Delhi, June 5, 2017
Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry's earnings and its debt/payment commitments this year, says debt-laden Reliance Communications.
PTI
June 2, 2017
Infosys COO UB Pravin Rao said the technology-driven transformation presents new opportunities for companies like Infosys.
BT Online
June 2, 2017
With the IT sector witnessing layoffs across the country, Forum for IT Employees or FITE on Thursday submitted two petitions to Karnataka Labour Commissioner, claiming that some employees of IT majors were 'forced to resign'.
Goutam Das
New Delhi, Edition:June 18, 2017

As automation spreads, millions of jobs could be on the block. What's the way out?

BT Online
New Delhi, May 26, 2017
The move comes when Information Technology sector in India is looking at tough time.
PTI
Bengaluru, May 26, 2017
Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy.
PTI
New Delhi, May 24, 2017
Analysing a report submitted by McKinsey & Co at the Nasscom India Leadership Forum, Head Hunters India founder - chairman and MD K Lakshmikanth had said that job cuts in IT sector will be between Rs 1.75 lakh and Rs 2 lakh annually for the next three years.
PTI
May 24, 2017
The company joins a growing number of organisations adopting such strategies for a variety of reasons, ranging from cutting the flab to automation.
PTI
New Delhi, May 23, 2017
The Forum for Information Technology Employees (FITE) will be getting itself registered formally as the first union for IT employees in India.
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