Scoop: Flipkart product, tech head Jeyandran Venugopal may join Reliance Retail Ventures as CEOJeyandran Venugopal, Flipkart’s outgoing chief product and technology officer, will likely head Reliance Industries Limited’s (RIL) consume...
15 Apr, 2025, 06.00 AM IST
Infy lays off trainees; Amazon, Flipkart warehouses raidedIT major Infosys has laid off more trainees from its Mysuru campus. This and more in today's ETtech Top 5.
27 Mar, 2025, 07.31 PM IST
Two senior executives exit ShareChat amid ongoing workforce cutsAnurag Verma and Shashank Shekhar are leaving amid a period of steady workforce reductions by the Google-backed company. The company aims t...
20 Feb, 2025, 09.14 PM IST
Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
31 Dec, 2024, 07.21 AM IST
Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...
29 Aug, 2024, 10.38 AM IST
Google invests $350 million in Flipkart as part of nearly $1 billion funding roundFlipkart secures $1 billion funding with investments from Google and Walmart. Walmart, which holds an 85% stake, invested $600 million in t...
25 May, 2024, 08.14 AM IST
Amid cost conservation focus, startups keep tighter rein on top rung hikes during appraisalsStartups and ecommerce companies are focusing on profitability and cost conservation, with some holding back pay raises for senior staff du...
18 Apr, 2024, 10.01 PM IST
Flipkart tweaks merit approach, converts hikes into payoutsFlipkart changes increment policy, offering merit-linked payouts and 100% bonuses to employees. Lump sum payments replace salary hikes. Las...
21 Mar, 2024, 06.05 PM IST
Layoffs in 2024: List of companies that announced job cuts so far this yearAccording to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companie...
27 Jan, 2024, 09.00 PM IST
Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton BharatDeals within ecommerce nearly halved by value to 3.3 billion while the number fell 70% to 124 deals. Apparel and retail, however, saw deal ...
16 Jan, 2024, 11.54 PM IST
Inside Flipkart’s restructuring; Ad boost for q-commerce, food-deliveryHappy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction....
08 Jan, 2024, 10.55 AM IST
Flipkart may trim rolls by up to 7% in yearly refocusSpotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company.
08 Jan, 2024, 08.03 AM IST
Mobile makers to hire 60,000 over a year; digital economy to push India GDP: MoS ITWith the demand for India-made mobile phones on the rise, staffing firms expect handset makers to hire some 60,000 people over the next 6-1...
17 Aug, 2023, 07.34 PM IST
Hike lays off around 55 people after GST hike on online gamingThe development comes within a week of gaming unicorn Mobile Premier League (MPL) laying off about half of its India team or close to 350 p...
10 Aug, 2023, 04.35 PM IST
Amid paycuts and layoffs, some companies chose to shield staff during the Covid stormTata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.
28 May, 2020, 07.30 PM IST
Swedish investor lowers Quikr valuation by 45%The fall in valuation comes as the Bengaluru-based online classifieds and transactions marketplace discovered fraud in its co-living and au...
18 Feb, 2020, 08.43 AM IST
Walmart to invest Rs 180 cr to improve farmers' livelihoodWalmart has stores in 28 countries, employing more than 2.3 million associates and doing business with thousands of suppliers who, in turn,...
27 Sep, 2018, 02.00 PM IST