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2 mins read
Mahindra says Roxor 2021 will still be made in Detroit after laying off nearly 250 redundant roles
One of India’s largest automakers, Mahindra & Mahindra (M&M), has slashed nearly half of th…
1 min read
Tech Mahindra may also lay-off hundreds of employees. Here’s why
"We have a process of weeding out bottom performers every year and this year is no different,…
1 min read
Uber lays off 185 employees from Postmates, two months after it acquired the food delivery startup in the US
Leading ride-hailing platform Uber has laid off about 185 workers -- about 15 per cent of total wor…
1 min read
Lay-offs in IT sector have been blown out of proportion: Infosys HR head
Shankar said employees have to keep re-inventing and deliver high-quality performance rate. …
4 mins read
India's push for electric vehicles is haemorrhaging car makers
Indian car makers are in dire straits. Sales have been falling for eight straight months now with n…
1 min read
IT employees’ forum says Tech Mahindra should stop illegal layoffs; company denies claims
The FITE has also called for establishing conciliation between the management and staff. "O…
4 mins read
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…
3 mins read
Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes
The March quarter earnings season will begin next week with the results of major information techno…
6 mins read
Whether it's half a million or three million — 'low skilled' IT jobs in India are definitely at risk
Tata Consultancy Services (TCS), Infosys, HCL Tech, Wipro and others could wipe out 3 million 'low …
1 min read
Cognizant will hire 500 sales staff and looks to poach ‘disillusioned’ IBM employees
Technology major Cognizant is hiring 500 sales professionals who are skilled in digital technologie…
2 mins read
Indian auto manufacturers axed 350,000 jobs in four months — and there are more to go
Car and motorcycle makers have axed 15,000 jobs, while 100,000 jobs were lost at auto parts manu…
2 mins read
The maker of General Motors and Toyota's parts in India is folding up — axing thousands of jobs
Sluggish growth and falling sales over the last nine months has led to auto dealerships and plant s…
2 mins read
COVID-19 quickens adoption of digital tools in real estate: Experts
Participating in a webinar, Arvind Subramanian, MD and CEO designate of Mahindra Lifespaces, said t…
PTI
2 mins read
China launches three new spy satellites amid border dispute with India and tensions in the South China Sea
The Malacca Strait, located near the Andaman and Nicobar islands, is one of the most congest…