Tag: Layoffs
Wipro’s Capco India Sends Employees on Garden Leaves
Capco India, a subsidiary of Wipro Limited has sent some of its employees on Garden Leave, handing over 2 to 3 months' pay.
What Is Garden...
Flipkart owned Myntra to layoff employees amid restructuring
India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring.
Additionally, it is expected that the e-commerce company is likely to eliminate about 50...
Overestimation of demand led to post-COVID job cuts: Minister
In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts.
Rajeev Chandrasekhar stated,...
My boss revoked my Work From Home day and threatens to...
Work from home continues to gain popularity and can be a beneficial arrangement for both employers and employees.
Recently, a Reddit user shared a story claiming "My...
Woman lost job to ChatGPT, starts selling water at grocery stores
Emily Hanley lost her job due to ChatGPT. In order to her survival, she started selling water at grocery stores.
According to Business Insider, Emily Hanley-a...
Company sacks ‘Top Performer’ to set an example for others
Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which...
Over 3 Lakhs employees (1,600 people per day) laid off in 2023
The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023.
The move of layoffs is...
Dukaan 90% of customer support staff replaced with AI chatbot
A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support...
Microsoft laid off 276 employees in new job cut round
An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round.
A Microsoft spokesperson stated, “Organisational and workforce...
Almost 50% of employees in India feel insecure in their jobs
The year 2023 started on a layoff note so far in 2023, there have been 1,206 layoffs at tech companies with 315,916 employees impacted (1,672 people per day).
In 2022, there...