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Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.- JPMorgan's Jamie Dimon invoked Steve Jobs to 'warn' employees on 'work from home', says 'creativity comes from...'JPMorgan Chase CEO Jamie Dimon is strongly advocating for a full-time return to the office, asserting that in-person collaboration is cruci...
- US senators pose nine questions to TCS on hiring practices in America, H-1B approachUS senators are scrutinizing IT giants like TCS and Cognizant over their hiring practices, demanding details on American talent replacement...
- US Senators question TCS, 9 others over H-1B visa filings after layoff of American staffUS Senators questioned major tech companies including TCS and Cognizant. This action followed mass layoffs of American employees. These com...
- Ilaiyaraaja moves Madras HC against Sony Music, claims unauthorized use of 300+ tracksLegendary composer Ilaiyaraaja sued Sony Music, seeking to halt the unauthorized exploitation of his compositions from over 300 films on di...
- Google sends urgent memo to H-1B visa holders abroad to return before $100K fee ruleGoogle is advising its H-1B employees currently abroad to return to the U.S. immediately due to President Trump's announcement of a new $10...
- Indian IT, professionals to feel the heat from latest H-1B shock: What you need to knowWhile Indian IT service providers have reduced their dependence on this particular route, it remains the preferred approach for Big Tech co...
- Byju’s defence in NCLT; deep dive into quick-commerce playThe Bengaluru bench of NCLT asked the petitioner – Glas Trust Company LLC – to issue a notice to Byju's for defaulting on payment of the $1...
- Apple workers vote to unionise second US storeEmployees at the Apple Penn Square store in Oklahoma City voted 56 to 32 in support of joining the Communications Workers of America Union ...
- TCS to pay full variable, Twitter misled regulators about bots, and Apple’s Make in India planTCS's decision comes a week after its rival Wipro said that its C-suite level managers will not receive any variable payouts.
- Apple employees launch petition over company's return-to-office stanceThe petition is in response to an all-employee memo from Apple CEO Tim Cook, who last week said workers would have to come into the office ...
- Unacademy CEO warns of long funding winter; Infy CEO’s pay rose 43% in FY22Gaurav Munjal, cofounder of SoftBank-backed Unacademy, has told its employees the funding winter will last at least 12-18 months, saying th...
- Apple to increase starting pay for US workersThe starting pay for Apple's US team members will rise to $22 per hour, or higher based upon the market, a 45% jump from 2018 levels, Apple...
- H-1B visa: Denial rates for IT services companies continue to remain highThere were six Indian companies among the top 25 employers, and only one, Tata Consultancy Services, among the top ten. The denial rates fo...
- A fourth of all new H-1B visa requests rejectedCognizant saw over 60% of its initial applications rejected, followed by Capgemini, Accenture, Wipro and Infosys.
- US tech firms dominate top 10 green card application listUS tech cos have filed more green card applications for India techies as compared to their Indian counterparts.
- Google disbands artificial intelligence ethics boardThe end of the Advanced Technology External Advisory Council came just days after a group of Google employees launched a public campaign.
- ‘Bring Kalanick Back’ drive finds many riders in IndiaStarting late Wednesday, Uber employees circulated a petition asking the company's board of directors to bring back Kalanick in an active r...
- Amazon,Microsoft workers join pledge to oppose Muslim registryThe open letter is a response to the election of Donald Trump, and particularly his campaign-season call for a mandatory registry of Muslim...
- About 2,000 Chennai Nokia staff opt for early retirement scheme offered by managementIn its heyday, the Chennai plant was a symbol of the importance of India as a market and a manufacturing destination for Nokia.
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