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NORTH AMERICA HEADCOUNT
Meta lays out plans for May 20 layoffs, restructuring; closes 6,000 open rolesMeta Platforms is cutting jobs and reorganizing teams to boost its artificial intelligence capabilities. Thousands of employees will be mov...- Meta lays out details of May 20 restructuring in internal documentMeta is implementing significant workforce changes, laying off 10% of its global employees this week and planning further cuts. These moves...
- Capgemini's first-quarter revenue up 7% YoY, in line with estimatesFrench IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company's expectat...
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
- Infosys logs 21% jump in Q4 profitInfosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperform...
- HCLTech Q4 net profit up 4.2% YoY to Rs 4,488 croreThe HCLTech management attributed the subdued quarterly performance to macro-uncertainties clouding the tech investment landscape and said ...
- TCS Q4 profit up 12%, revenue rises 9.6% amidst AI growth and deal winsTata Consultancy Services reported a 12% rise in net profit to Rs 13,718 crore for the March quarter, exceeding analyst expectations. Despi...
- Accounting tech startup Atlas raises $6 million in round co-led by Accel, StellarisThe company will use the fresh funds to expand its AI platform, grow its network of partner accounting firms, and accelerate go-to-market e...
- NTT Data to boost India headcount by 5,000 this year, exec saysLarge IT contracts of more than $100 million have doubled in the last 12 months, with deals stemming from manufacturing, logistics and pu...
- NTT Data to boost India headcount by 5,000 this year, exec saysJapanese tech firm NTT Data plans to hire 5,000 employees in India this year, driven by a doubling of large IT contracts exceeding $100 mil...
- Capgemini forecasts surprise revenue fall on North America weaknessFrench IT consulting firm Capgemini revised its 2024 revenue forecast downward, predicting a fall of 0.5% to 1.5%, mainly due to weak perfo...
- Accenture to lay off 19,000 people, 40% of its 7.38 lakh employees are in IndiaThe software services behemoth said currency headwinds and wage inflation had a direct impact on its decision to lay off employees.
- Ericsson to lay off 8,500 employees, says memoOn Monday, the company, which employs more than 105,000 worldwide, announced plans to cut about 1,400 jobs in Sweden.
- Cognizant’s US headcount drops. Cognizant is hiring to expand in Europe as it looks to diversify revenue streams. The drop in North America headcount at the US-headquart...
- Cognizant employed fewer people in North America in 2018The drop in US headcount comes even as the Teaneck, New Jersey-headquartered company has said it is looking hire 25,000 US workers in the n...
- Cognizant crosses 1 lakh employee markUS-based IT and consulting firm Cognizant, which has a significant presence in India, on Thursday crossed the one-lakh employee mark, enter...
- Persistent Systems sees OPD sector reboundingOutsourced software product development (OPD) major Persistent Systems is expecting to increase its headcount this year.
- India, China to increase hiring in N America, EuropeThe study pointed out that 45 per cent of companies in India plan to increase headcount in North America and 44 per cent would expand in We...
- CEOs upbeat over growth prospects, to raise headcount: SurveyMost of the business leaders surveyed across the world sounded optimistic about growth prospects and are planning to raise headcounts this ...
- Wipro opens new global development centre in MexicoWipro Technologies announces the opening of the company's first development centre in Monterrey, Mexico, where it aims to reach a headcount...
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