Tag: termination
Regional Labour Commissioner Blr summoned Paytm over layoffs
According to MonyControl, Regional Labour Commissioner of Bengaluru has summoned One97 Communication, the parent firm of Paytm, regarding allegations of forced employee terminations.
This development...
Yes Bank lays off 500 employees as part of restructuring efforts
An Indian private sector bank, Yes Bank has undertaken an internal restructuring that has resulted in the layoff of 500 employees, with additional layoffs...
IT Sector Faces Silent Layoffs; Nearly 100,000 Jobs Lost in 2024
The year 2024 has been a turbulent period for the IT and Tech sector, with nearly 100,000 employees losing their jobs globally.
According to...
Paytm Employees Complain to Labour Ministry Over Layoffs
According to Moneycontrol, several employees of the fintech platform Paytm have filed a complaint to the Ministry of Labour and Employment.
The complaint alleges that...
Intern Faces Toxic Work Culture: Laid off After Sick Leave
An intern recounted her experience of being terminated from an internship shortly after relocating from Pune to Mumbai. She revealed that her dismissal occurred...
Paytm lays off employees to improve cost efficiency
One97 Communications, the parent company of Paytm, is implementing layoffs of an undisclosed number of employees as part of its restructuring efforts.
This move aims...
Kissflow to lays off 45-50 employees
According to Money Control, Kissflow has reduced its workforce by approximately 15 percent, affecting around 45-50 employees. This downsizing spans across various departments, including...
An Employee Feels Survivorship Guilt After 80% Team was laid off
In a recent Reddit post, an employee shared his emotions following his company's mass layoff of 80% of his team.
He expressed his emotions...
Google & Microsoft to lay off hundreds of roles: Report
According to several media reports the top two leading IT firms Google and Microsoft lay off hundreds of roles.
Google, led by Sundar Pichai laid...
Ola Electric Cuts 500 Jobs for Cost Reduction
According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately 400-500 employees across various departments.
This restructuring initiative is slated to...