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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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1 min read

Indian Armed Forces see a growing number of those taking voluntary retirement

The number of people taking voluntary retirement from Indian Armed Forces is also rising, in additi…

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3 mins read

Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro

$NIFTYIT.NSE is in a downtrend. It's Better to avoid this sector unit it fills the breakaway ga…

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Great resignation impact being felt in India as attrition rate remains elevated at 20% in 2022

Great resignation impact being felt in India as attrition rate remains elevated at 20% in 2022

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4 mins read

Infosys has a new headache — India’s unicorn boom

Rao said, “... Startups are also a very attractive place for many of our employees. And wi…

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Salary hikes, voluntary attrition decline in top sectors in Q1 FY18

Average salary hikes and voluntary attrition levels in top sectors declined during April-June quart…

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3 mins read

Cognizant is reportedly planning to sack 400 in senior management — severance pay reduced to three months

This includes directors, vice presidents, senior directors, associate vice president and other m…

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400 senior executives at Cognizant accept company's voluntary separation package

In May, the company had initiated a voluntary separation programme, offering up to nine months…

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1 min read

IT firms are trying to avoid attrition by investing big in predictive algorithms

These giants are putting in big money on such predictive analytical tools, which would eventually s…

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4 mins read

Bosses are using 'silent layoffs' and 'quiet firing' to get rid of employees. It could backfire.

"Silent layoffs" and "quiet firing" can create PR disasters and harm company morale, experts said.

Mikhaila Friel   


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Ikea was losing 60,000 employees a year. Here's how the retailer worked to fix its staff turnover problem.

Ikea tackled high employee turnover rates by increasing wages and offering workers more flexibility…

Erin Snodgrass   


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1 min read

Companies to dole out 10% average salary hike this year, says survey

Companies in India are expected to dole out an average of 10 per cent salary increase this year, w…

PTI   


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3 mins read

American Express's Monique Herena on 2024: Don't let your ego get in the way of embracing change

Amex's Monique Herena's job is focused on people, and she knows that involves embracing change, pro…

Josée Rose   


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3 mins read

An $88 billion auto giant laid off 400 workers remotely in a move likened to ending a marriage by video call

The company that owns Jeep and Dodge recently terminated 400 employees virtually, sparking new disc…

Sawdah Bhaimiya   


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Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3

​​Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…

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IT demand is ‘normalising’ after pandemic highs, says Wipro CEO

Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…

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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…

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3 mins read

Wipro's first quarter show points to multiple battles ahead

Bangalore-based tech major Wipro will bear the brunt of the adversity, as it signalled another weak…

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7 mins read

The way companies handle layoffs is brutal and bad for business

Frog-marching employees out the door and disappearing them on Slack is not only degrading to employ…

Aki Ito   


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1 min read

GM offers buyouts to most salaried employees, in a bleak warning for white-collar workers

GM hopes to cut to a swath of well-tenured jobs as part of a $2 billion savings effort. Employees h…

Nora Naughton