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MCKINSEY EMPLOYEE LAYOFFS
Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiringAt a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyro...
Layoff realities: Why top performance doesn't guarantee job securityMany workers assume that strong performance ensures their position is safe. Yet, unexpected company changes like mergers or financial const...
Why Employers Freeze Hiring Before Major Workplace ChangesHiring freezes, often seen as cost-saving, can signal deeper organizational shifts like restructuring, budget cuts, or a change in business...
Why Employees Sometimes Sense Their Role Is Being Cut Before It HappensEmployees may sense job insecurity through shifting duties and reduced visibility. Experts note these signs can signal restructuring or cos...
Youth is losing to experience in America's job marketRecent data reveals a bifurcated labor market, particularly affecting young college graduates who face tougher job prospects, potentially d...
AI at work: Job cuts and tech leader opinionsWhile many corporate heads say that AI will replace jobs and even change the nature of work itself, there are some who say that AI-led mode...
Job site Indeed cuts around 1,000 jobs in second layoff in two yearsIndeed's layoffs were announced by chief executive officer Chris Hyams in a company memo. This development comes as the job listing platfor...
EY implements significant partner layoffs in US amid streamlining efforts & reduced demand for servicesErnst & Young (EY) is undergoing significant partner layoffs in various U.S. business segments as it strives to streamline operations follo...
Some India-based employees may be impacted by McKinsey's layoff plansSome non-client-facing Indian employees of the firm whose positions are currently under review were notified via email on Tuesday regarding...
McKinsey to cut 2,000 jobs in one of its biggest layoffs: ReportGlobal consulting giant McKinsey plans to let go 2,000 of its employees, Bloomberg News reported Tuesday. The round of layoffs would be one...
View: Why now is the perfect time to thaw the job freeze and hunt for talentConventional wisdom would indicate that the Covid-19-instigated shutdown in a number of industries and businesses translates to a gross dem...
The human dimension of India’s IT woesMany of those laid off were mid- or upper-level techies, with low lateral skills for other industries.
Rivigo lays off 70-100 staffers, rolls back on-campus offersGazal Kalra, co-founder of Rivigo, attributes attrition to ‘performance and market dynamics’.
What do Q1 nos say about IT jobs outlook? Not as bad as you thoughtTCS’ total headcount fell to 385,809 in Q1, while that of Infosys declined to 198,553.
India is too big a market for Apple to ignore: Union minister Ravi Shankar Prasad"We are in dialogue with Apple and once the nature of exchange is formalised, we shall come up with a structured response," Prasad told ET ...
Sad over recent IT layoffs, says Narayana MurthyInfosys had announced that it could hand out pink slips to hundreds of mid and senior-level employees as it carries out bi-annual performan...
IT employees set to form union as layoffs loom largeFITE, a group of IT employees, has waged various battles for IT employees who were indiscriminately sacked by various companies in the past.
If you are techie with 5-15 years experience & based in a small city, this should worry youAccording to executive search firm Head Hunters India, job cuts in IT sector will be between 1.75 lakh and 2 lakh annually for next three y...
Not correct to assume IT industry going for big job cuts: Government"Some of the companies which have been named (as undertaking job cuts) have clarified that there is nothing big this year," she said on the...
Retrenchments common in IT industry: Telangana minister K T Rama RaoA few employees of Cognizant recently approached the state Labour Department alleging that the IT company was forcibly taking resignations ...