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IT SECTOR LAYOFF
Oracle employee, who lost her job in latest layoff, in inspirational post: 'When something ends, God is already creating something new ahead. Just be patient'An Oracle employee, impacted by recent layoffs, shared a resilient perspective, viewing the transition as an opportunity for reflection and...- Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing rolesThe Bengaluru-based firm has handed pink slips to employees in its sales and marketing teams as increased adoption of artificial intelligen...
- 'I feel fearful': Why a 28-year-old techie is sending a distress call despite earning ₹2 lakh a monthAmidst IT sector layoff anxieties, a 28-year-old techie earning ₹1.9 lakh seeks financial advice due to debts and family responsibilities. ...
- Maruti Suzuki Escudo: What we know about the upcoming SUV that could take on Hyundai Creta & Kia SeltosMaruti Suzuki will launch a new SUV, Escudo, next month. It will be positioned between Brezza and Grand Vitara. Escudo will rival Hyundai C...
- TCS lateral hires left in limbo as onboarding delays follow mass layoff announcementTCS is facing backlash as onboarding delays leave around 650 lateral hires in uncertainty, prompting many to reconsider their resignations....
- TCS layoffs: No employee has complained, IT firm tells Karnataka labour authorityRepresentatives of the TCS management met the unions and Karnataka’s labour department officials to deliberate on the notice from the labou...
- Your next car could cost more as price pressure grips India’s auto industryIndian auto companies are increasing prices due to rising commodity costs. Steel prices are a particular concern. While the financial impac...
- June sees first decline in SUV sales in India in over five years amid economic challengesIndia's SUV sales experienced their first monthly decline in over five years in June, dropping by 2.1% due to IT sector layoffs, geopolitic...
- IT layoffs scaring you? Here’s how to manage finances in the event of job lossJob losses in the IT sector are a growing concern. Tata Consultancy Services recently announced cutting 12,200 jobs. Experts advise creatin...
- Retailers, restaurants in tech hubs fear festive slump amid TCS, IT layoffsTata Consultancy Services' layoff announcement has sparked concerns among pubs, restaurants, and retailers, particularly in IT hubs like Be...
- Ahead of Market: 10 things that will decide stock market action on TuesdayThe Indian market closed negatively on Monday. Sensex and Nifty both experienced losses. Weak earnings and stalled trade talks with the US ...
- Amid rising layoffs in the IT sector, techie gives a reality check of the brutal job market. 'Many of us are stuck in a loop'A tech graduate highlights the grim reality of India's developer job market, where freshers face shrinking opportunities and unrealistic ex...
- Infosys layoffs: IT employee union logs complaint with governmentThe Nascent Information Technology Employees Senate called the mass termination “illegal and unethical,” accusing Infosys of "disregarding"...
- After warning mid-level IT engineers that AI was going to do their work, now Mark Zuckerberg's Meta plans to layoff 5% of its workforceMeta has suddenly arrived at a rather unusual proposition of laying 5% of its most inefficient or underperforming workforce in the coming d...
- Nearly 6% of contract workers lost jobs in March quarter in India's IT sector, says recruitment bodyIndia's IT sector employed nearly 5.1 million workers in the year ending March 2022, according to government estimates, and companies have ...
- Is fear of layoffs real? Here's what ET Job Disruption survey saysSurvey reveals that 65% of the participants see new tech replacing workers in the future while 38% believes that their job is going to vani...
- IT sector layoffs: Routine trimming over hyped, says Ravi Shankar PrasadMy ministry is proactively in touch with India IT CEOs to evaluate layoff situation," Ravi Shankar Prasad told ET Now in an exclusive inter...
- Upskilling could help techies survive layoffs: 5 case studies tell you howThere are courses and certification programmes such as data science and analytics, machine learning that can help you acquire the latest te...
- Working in IT sector? Here's how to survive the lay-offsMulti-billion-dollar Indian IT services companies are cutting costs, hit by a double whammy of US politics and the fast-changing digital la...
- Seven reasons why India's jobs deficit is far bigger than IT sector layoffsThe jobs problem is seen mainly as a problem of the IT sector or as a result of changing technology. But that is not the complete truth.
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