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IT CEOs' salary in FY24; Wipro offers 85% variable payHappy Wednesday! Top bosses at some of the country’s leading IT firms took home enhanced salary packages last fiscal. More on this on today...- Consumer firms plan IPO; startups on poll mandateIndia's public market will see about a dozen consumer companies make a debut on the bourses. More on this in today's ETtech Top 5.
- 2023 Year in review: how layoffs hit technology and startup workersWith the year drawing to a close, ETtech looks at startups and tech companies— global and domestic—which laid off employees to cut costs am...
- How layoffs reordered Indian startups this year, and other top tech stories this weekStartups laid off over 28,000 people just in the first three quarters of 2023. This alone was over 50% higher than 2022, when companies let...
- Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
- Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
- Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
- Livspace layoffs: Home design startup cuts nearly half of tech, product rolesA total of 36 staffers, including software engineering developers and directors from a team of 80 have been asked to leave the company, sou...
- OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
- Zomato looking to hire 800 people, says CEO Deepinder GoyalIn a LinkedIn post, Goyal wrote: “...we have about 800 positions open across these five roles at Zomato. If you happen to know someone real...
- 'Devastated, shocked': sacked Google employees left distraught as layoffs impact 12,000Google parent Alphabet on January 20 announced that it plans to layoff about 12,000 employees or 6% of its global workforce.
- Swiggy to lay off 380 Employees, says CEOThe food and grocery delivery company is the latest to join the swelling ranks of startups such as ShareChat, Dunzo, Rebel Foods, Hubilo, O...
- Exclusive: More consumer internet startups like ShareChat, Dunzo, Rebel Foods join layoff waveThe latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...
- Layoffs spread to Dunzo, ShareChat, Rebel Foods, and agritech firmsThe latest developments are an extension of what has transpired in the so-called new economy over the last six to eight months. Layoffs at ...
- Ola fires about 200 employees in a fresh round of layoffsIn September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...
- Ola sacks 200 employees; Wipro net profit up 2.3% in Q3, beats estimatesRiding haling and electric vehicle firm Ola has had a torrid time since the start of the pandemic three years ago. The company laid off as ...
- Exclusive: Many PE, VC funds get Sebi notices; Infosys net profit up 13.4% in Q3These private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere...
- Online payments firm Cashfree lays off around 100 employees to reduce costsBangalore-based fintech startup Cashfree, backed by the likes of YCombinator and Apis Partners said the layoffs will impact around 6-8% of ...
- Infosys net profit up 13.4% in Q3; Cashfree starts layoffs; and Goat acquires ChumbakInfosys said earlier today its consolidated net profit for the December quarter rose 13.4% on year to Rs 6,586 crore, beating estimates. Ar...
- Only 6% Google fee for some apps; ED freezes another Rs 46 crore in loan apps caseGoogle’s revised Play Store billing policy, which is set to take effect in India on October 31, may bring good news for app developers that...
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