Tag: Cost Cutting
Cognizant eliminates 30-35% of office space in Chennai: DLF
As per the earlier report, an American multinational information technology services and consulting company, Cognizant would eliminate 80,000 seats or 11 million sq feet...
Cost-cutting measures by companies thread are incredibly funny?
Due to economic uncertainty, there have been many companies that have either laid off employees or they have taken cost-cutting measures.
Recent IT top major,...
Microsoft HR boss wrote a legendary memo 30 years ago on...
Steven Sinfosky, the former President of Microsoft's Windows business shared the memo on Twitter on Tuesday.
His tweet says, "One of the most famous memos in all...
Amazon shuts down its wholesale business in India
The e-commerce company, Amazon is shutting down its wholesale distribution business in India. This is part of the annual operating planning review process and...
Unacademy Cuts Down ‘Unnecessary Expense’ To Focus On Profit
Edtech unicorn Unacademy has announced that it will be cutting down ‘Unnecessary Expenses’ so that the company can focus on profit.
Founder and CEO Gaurav...
Unacademy lays off 600 employees as part of a cost-cutting measure
Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid off nearly 600 employees, almost 10% of its workforce. The SoftBank-backed start-up...