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1 min read
Wipro lays off over 400 freshers for poor performance
IT giant Wipro has laid off more than 400 fresher employees for poor performance in internal assess…
2 mins read
Facebook-backed Meesho lays off 150 employees in restructuring of grocery business
Facebook-backed ecommerce company Meesho has laid off 150 employees from its grocery business, whic…
2 mins read
Wipro's hiring will be slower in the coming months and current employees may be asked to go on leave without pay
Hiring will be slower in the coming quarter and any onboarding — which includes campus placement…
3 mins read
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
3 mins read
After Wipro, Infosys showing exit doors to freshers in Bengaluru say sources
After corporate giant Wipro showed the exit door to hundreds of freshers who failed to pass the tes…
2 mins read
70-plus Indian startups show exit door to 21K techies, more pink slips coming
As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…
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…
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
Wipro has no plans of firing any employee due to COVID-19, says chairman Rishad Premji
Global software major Wipro has not laid off any employee during the Covid-19 pandemic nor has any …
1 min read
Sensex, Nifty open on a choppy note ahead of RBI policy; Reliance Industries, Tata Steel, Titan, Dr Reddy's and Wipro among top gainers on BSE
Index majors Wipro, Tata Steel and RIL as investors remained cautious ahead of the RBI policy outco…
2 mins read
Indian IT major Wipro is hiring ‘new blood’ to expand its sales workforce across geographies
The IT major is reportedly looking for technical sales professionals in specific areas includi…
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. …
1 min read
IBM rubbishes reports of firing 5000 employees; says “re-skilling”, “re-balancing” workforce
IBM said it was continuing to re-skill and re-balance its employee workforce. "This is fa…
2 mins read
Worsening situation? Infosys, Wipro to cut jobs; middle-level employees to be worst hit
As per reports, Infosys may ask around 1,000 employees in job level 6, which comprises grou…
2 mins read
Stock market today: Nifty, Sensex open flat, Tata Motors, ONGC take lead
Tata Motors, ONGC, Tech Mahindra, Wipro, and Hero Moto Corp took the lead in early morning trade, w…
2 mins read
India-born Rajesh Agrawal to lead London trade mission to India
London Deputy Mayor for Business Rajesh Agrawal will lead a delegation to India starting March 13, …
6 mins read
Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment
Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…
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,…
1 min read
Peyush Bansal’s Lenskart may now be valued at over $4 billion
Peyush Bansal-led eyewear brand Lenskart has raised ₹760 crore ($100 million) in a latest funding r…
4 mins read
How Sachin Tendulkar-backed Smaaash is making a comeback with 45 stores by June 2022
The Sachin Tendulkar-backed company — which now refers to its business model as Smaaash 2.0 — has s…