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IT SECTOR RETRENCHMENT
Can you be fired from job despite achieving your annual target? Know what the labour law says- Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your future
- From ₹40 Lakh Pay to Rapido Driver: Techie who bought ₹1.4 cr flat 2 year ago now struggles to pay ₹95k home loan EMI after layoff
- Termination to be less painful under new labour codes: Employees to get funds for re-skilling in addition to retrenchment compensationEmployees laid off will receive additional funds for skill enhancement, complementing their severance pay. With the new labor codes set to ...26 Nov, 2025, 06.25 PM IST
- Arvind Kejriwal asks Centre to take note of mass layoffs in tech firms, take right stepsExpressing his concerns at the mass layoffs across several tech firms, Delhi Chief Minister Arvind Kejriwal on Monday asked the centre to a...23 Jan, 2023, 12.51 PM IST
- Moonlighting: Staff can't take up work that's against company's interests, says govtMoonlighting refers to a full-time employee of a company taking up an additional job, usually without the employer's knowledge. There have ...20 Dec, 2022, 06.49 AM IST
- Lay offs are deemed illegal if not carried as per Industrial Disputes Act: Minister Bhupender YadavAmid reports of mass layoffs by several firms, including in the IT sector, Labour and Employment Minister Bhupender Yadav on Thursday said ...08 Dec, 2022, 05.06 PM IST
- China's state-owned banks cut thousands of jobsAs the economic slowed, China has announced that its plans to cut over-capacity in the steel and coal production could result in 1.8 millio...07 Sep, 2016, 06.51 PM IST
- Retrenchment in IT sector a matter of concern: Rajiv Pratap RudyStating that 'real wealth' had [also] been created through IT sector and back-end services offered in Bengaluru or Chennai, he said it had ...17 Apr, 2015, 08.15 PM IST
- Employment rate increases by 0.6 per cent in Jan-MarchNon-export units generating more jobs than the export units.08 Jul, 2009, 04.05 PM IST
- Malaysia to lay off 15,000 foreign employees every monthMalaysian govt has planned to recruit 15,000 locals every month by replacing foreigners, including Indians.05 Mar, 2009, 05.31 PM IST
- Lalu's comments on pvt firms do not go well with India IncNew FICCI President Harsh Pati Singhania disagreed with observation of Railway Minister Lalu Prasad that the private sector firms take "ant...15 Feb, 2009, 11.26 AM IST
- 'Slowdown effect to be minimal in India'The effect of the slowdown will be minimal in India and last for only a short period, says Korn Ferry Intl CEO Gary Burnison. Ghosts of 192...13 Dec, 2008, 09.10 AM IST
- 'Slowdown effect to be minimal in India'The effect of the slowdown will be minimal in India and last for only a short period, says Korn Ferry International CEO Gary Burnison. Ghos...13 Dec, 2008, 02.05 AM IST
- Comrades back in business as industry goes into recessionWith the heat of the global meltdown being felt in India, retrenchment, layoffs and closures have added to the Left’s anti-government sloga...20 Nov, 2008, 01.44 AM IST
- No retrenchment in Air India: Praful PatelCivil Minister Praful Patel on Monday ruled out retrenchment among employees in public sector Air India and blamed rising fuel prices as th...21 Oct, 2008, 01.32 AM IST
- India Inc recruits less people in FY08Manufacturing and IT hired less, but companies retrenched 20% less in the same period. Bond with your boss I How to handle office lies I Ge...13 Sep, 2008, 04.05 AM IST
- MphasiS cuts 200 jobs in ChennaiRetrenchments are taking its toll on the Indian IT industry and the latest to join the list is MphasiS. The IT & BPO services company, whic...20 Feb, 2008, 03.00 AM IST
- Perot Systems retrenches 100 employeesIT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently announced initiative to...16 Nov, 2007, 12.52 AM IST
- Perot fires 100 staff in IndiaIT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently-announced initiative to...15 Nov, 2007, 02.57 AM IST
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