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IT SERVICES REVENUE PER EMPLOYEE
SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s howSpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor dema...11 Jun, 2026, 01.57 PM IST- South Korea fines Coupang $409 million in country's largest data breach penaltyThe Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers ...11 Jun, 2026, 09.17 AM IST
- Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.11 Jun, 2026, 08.51 AM IST
- Physicswallah is ‘class’ apart, says DAM Capital after initiating with Buy rating. 3 reasons whyDAM Capital has initiated coverage on PhysicsWallah with a Buy rating, calling the ed-tech firm ‘a class apart’ and highlighting strong gro...10 Jun, 2026, 03.57 PM IST
- ‘Got fired and was told that I’m easily replaceable. So I fixed that’: HR fired 'easily replaceable' employee without evidence, ends up costing the company $60K a monthA company fired an employee mistakenly. This employee managed their biggest client, worth sixty thousand dollars monthly. The company faile...10 Jun, 2026, 02.54 PM IST
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...10 Jun, 2026, 08.42 AM IST
- Govt employee missing for over 7 years; son denied compassionate job, loses case in HC for this reasonA son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana H...10 Jun, 2026, 07.43 AM IST
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...09 Jun, 2026, 09.07 PM IST
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...08 Jun, 2026, 10.37 PM IST
- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...07 Jun, 2026, 05.13 PM IST
- Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...06 Jun, 2026, 10.35 PM IST
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...05 Jun, 2026, 08.52 AM IST
- 5,100 employees won't get salary hikes as Tech CEO says company is spending on AI insteadTeradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as...04 Jun, 2026, 10.58 PM IST
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...02 Jun, 2026, 12.17 PM IST
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...01 Jun, 2026, 10.10 PM IST
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...01 Jun, 2026, 10.07 PM IST
- India tech jobs decline: AI, US immigration impact recruitmentIndia's technology job market faces its slowest period in over two years. Active tech job openings have dropped significantly. Global uncer...01 Jun, 2026, 07.54 PM IST
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