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Cognizant offers the voluntary separation package for US employees

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Cognizant Technology Solutions has announced a voluntary separation package (VSP) for its US employees. The Coronavirus crisis has pushed many companies to take tough decisions,...

Nokia shuts plant in TN after 42 test positive for Coronavirus

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Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive...

TVS Motor announces to cut staff salaries for six months

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On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as...

Livspace lays off 450 employees as coronavirus impacts

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IKEA-backed home design and decor startup Livspace is laying off 15% of its workforce as the Covid-19 pandemic and resultant nationwide lockdown hit its business. The Bengaluru-based startup, Livspace...

Noida authority grants permission to around 850 companies, projects to resume...

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The companies operating in Noida are gearing up to resume to their work after due permission was granted by the city authorities. Noida authority has...

Bajaj Auto reverses pay cut decision

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Bajaj Auto on Sunday said in an internal letter to its employees that it will not implement its proposed decision to observe a pay-cut...

Capgemini India continues to hire even in COVID-19 crisis

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At a time of crisis when most of the companies have hit a pause on hiring, IT major Capgemini will continue to hire as...

COVID-19: Swiggy is cutting about 1,000 jobs

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Online food delivery app Swiggy to cut about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back...

Oyo furloughs some India employees, cuts fixed pay 25%

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Oyo has asked some India employees to go on leave with limited benefits and cuts fixed pay of all by 25% Oyo on Wednesday asked...

Infosys suspends hiring, promotions, and salary hikes

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Infosys Ltd, India’s second-largest IT company has suspended new hirings, promotions, and increments for FY21 to control costs in the wake of COVID-19. However, the...