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Total 22 results found. Search for [ Major layoff ]

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Mudit Kapoor
October 22, 2018
In a stock exchange filing, the company said it has stopped the manufacturing of woollen and worsted fabrics \"in view of extremely tight liquidity and working capital position\".


BusinessToday.in
December 13, 2017
We are doing role rationalisation not to meet a specific number but to match the talent with the requirements of the business for its future, the company said in a statement.


BT Online
Washington, November 16, 2017
A similar version of the bill needs to be passed by the Senate before it can be sent to the White House for US President Donald Trump to be signed into law.


Sonal Khetarpal
Delhi, August 24, 2017
Being laid off is a bitter reality but is there a better way of doing it? HR leaders get candid about the best and the worst cases.


BT Online
New Delhi, August 17, 2017
Earlier this May, top major companies Cognizant, Wipro and Infosys were in news for firing IT professionals on 'performance' ground. However, it was believed that these companies were under economic pressure triggered by slow growth in the industry.  


BT Online
May 25, 2017
To address concerns of regarding reports of massive layoffs, Cognizant President Rajeev Mehta has written to employees of the company.


BT Online
New Delhi, May 19, 2017
NASSCOM has stated that almost half of the IT sector's workforce in India needs to be trained to keep up with the technological advancements of the field.


PTI
May 15, 2017
Executive search firm Head Hunters India today said the job cuts in IT sector will be between 1.75 lakh and 2 lakh annually for next three years due to under-preparedness in adapting to newer technologies.


BT Online
New Delhi, May 12, 2017
Seven of the biggest IT companies in India are planning to hand pink slips to at least 56,000 engineers this year, according to a report in the Livemint.


Lalit Bhagia
May 3, 2016
Business closures and layoffs have happened in well-funded companies such as Housing and Zomato. The issue at TinyOwl's Pune office added a new twist, as things went out of control.


Richa Naidu
Bengaluru, September 30, 2015
The bank, which had about 2,16,700 full-time employees as of June 30, declined to comment on the report.


PTI
New Delhi, May 22, 2015
\"We are looking at setting up another public cloud data centre. As you know, sectors like government and financial services prefer their data residing within the country,\" IBM India Managing Director Vanitha Narayanan told PTI.


Aravind Gowda
Bangalore, January 8, 2015
The recent mass layoff at the country's largest software exporter Tata Consultancy Services (TCS) is the latest addition to the downside of the IT sector.


Reuters
Washington, October 16, 2013
The US Senate prepared for a last ditch effort to avoid a historic lapse in the government's borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy.


Associated Press
San Francisco, May 5, 2012
A major Yahoo shareholder who exposed the inaccuracy Scott Thompson's academic credentials is now leading the charge to oust him for unethical conduct.


PTI
New Delhi, April 10, 2012
The Cabinet is likely to soon take a decision on a proposal to allow foreign airlines to pick up stake in domestic carriers, most of which are facing financial crisis, a senior government official said.


BT Online Bureau
New Delhi, March 28, 2012
ICICI Bank has asked the airline to top up its loan security or adjust the loan amount after the carrier's stock was hammered down in recent weeks.


PTI
New Delhi, March 27, 2012
The airline did not rule out a layoff, saying all this would depend on various decisions to be taken by the government and its bankers about funding and other issues.


PTI
New York, December 29, 2011
In a filing with the New York State Department of Labour, Morgan Stanley said 580 jobs would be cut at the firm's midtown Manhattan headquarters and three smaller Morgan Stanley offices in New York.


PTI
Kolkata, April 5, 2011
Dunlop India will withdraw the lay-off notice for the 900-odd workers at Sahagunj unit, according to a Ruia group release.


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