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CEO SAYS LAYOFFS ARE A CHOICE
Meet Rajesh Ambati, the Indian-origin vice-president of engineering at AppleRajesh Ambati, a software engineer of Indian descent, has recently ascended to vice-president of engineering at Apple. In this new role, he...
No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employeesAs Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says busin...
'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for adviceA Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ...
Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers ...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
8% instant discount vs 10% cashback vs 1,000 reward points: Are they all the same? Know exactly which one will save more money8% instant discount vs 10% cashback vs 1,000 reward points: Suppose you shop for Rs 10,000 online and are now getting a choice between an 8...
MicroPort Scientific appoints Jonathan Chen as CEO, says a director resignedJonathan Chen was appointed executive director, chief executive officer and authorised representative of the medtech company, effective Oct...
Infosys CEO says macro recovery looks ‘a little bit more uneven’ than expectedInfosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Sali...
US weekly jobless claims near 57-year lowsEconomists say rising profits amid strong domestic demand were shielding workers from layoffs. There are, however, worries that tightening ...
NFO Insight: Choice Large & Mid Cap Fund is open for subscription. Is this the right time to invest?Choice Mutual Fund has launched the Choice Large & Mid Cap Fund, now open for subscriptions until November 3. This innovative fund is desig...
EBay to lay off 9% of workforce in push to simplify operationsEBay will lay off about 1,000 employees, representing 9% of its workforce, to streamline operations. The company previously reduced its sta...
NFO Alert: Choice Mutual Fund launches large & midcap fund, its first actively managed equity fundChoice Mutual Fund has launched its inaugural actively managed equity scheme, the Choice Large & Mid Cap Fund. This fund is designed to all...
The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...
Netflix layoffs: Senior designer laid off after launching two projects ‘from 0 to 1’, shares career updateSenior Product Designer, at Netflix, Heather Noddings has lost her job amid the streaming giant’s layoffs. Based in Los Angeles, she announ...
Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...