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AGE BIAS IN LAYOFFS
Jobless for 16 months, 38-year-old says career struggle cost him his health and marriage - story sparks debate on workplace ageismA Reddit post about a 38-year-old tech worker struggling to find a job after a layoff has started a big online discussion. The story highli...- Microsoft Layoffs: Tech giant trims fat to feed AI growth, 6,000 jobs gone — here’s who’s out, who’s safeMicrosoft Layoff News: Microsoft has laid off over 6,000 employees, about 3% of its global workforce, despite reporting strong earnings. Th...
- TCS 'discrimination' case: US agency probes workers' bias claimsThe US Equal Employment Opportunity Commission is investigating Tata Consultancy Services (TCS) over allegations of discrimination against ...
- ‘EMIs, kids, elderly parents’: Shantanu Deshpande has a layoff warning for this age category employeeMid-career professionals in their 40s are increasingly the first to be cut during layoffs, despite being in their peak earning years. Caugh...
- American techies accuse TCS of firing them in favour of Indians on H-1B visaTCS has been accused of favoring H-1B visa holders over Americans, facing discrimination claims based on race and age. Denies allegations, ...
- Govt may tweak rules for AI firms, LLMs; FY23 financials for Unacademy, MyntraThe amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or langua...
- Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
- Skills you require to become a successful HR in the modern-day landscapeThe evolving HR landscape requires individuals to adapt and acquire new skill sets. These include talent acquisition, HR business partnerin...
- Elon Musk's X can't beat lawsuit claiming age bias in layoffsUS District Judge Susan Illston on Tuesday said the plaintiff in the proposed class action, John Zeman, had provided enough evidence that t...
- Pharma and steel offer great scope in the next few quarters: N Jayakumar"If people are focusing on export led sectors, we could have a move out of tech into pharma continuing. I think it has already begun. Stran...
- Ageism in the tech workforce: from hiring to layoffsAge diversity in the technology sector is an overlooked issue, analysts argue. In the US, over-50s make up more than 20% of employees, acco...
- ED to tap lenders for info in Byju's probe; Pine Labs pauses IPO plan for nowThe Enforcement Directorate (ED), days after probing premises linked to Byju’s for alleged Foreign Exchange Management Act (FEMA) complianc...
- Over 9,000 startup jobs slashed between Jan-March; betting, gambling apps advertise despite banLayoffs in the startup and tech ecosystem have continued into 2023, according to data from recruitment platform Careernet. The situation mi...
- Nimesh Kampani on why he will always be a long-term investor in new age tech stocks“You cannot expect 100% growth quarter on quarter and the stock price to just go in one direction. As a long-term investor, I would invest,...
- Huge incentives planned for electronic components makers; top free agents in India’s tech & startup sectorThe government is drawing up plans for a Rs 10,000-12,000 crore production-linked incentive scheme to encourage makers of high-tech IT and ...
- IBM emails show millennial workers favored over ‘dinobabies’The communications show “highly incriminating animus” against older employees by officials who at the time were in the company’s “highest r...
- Onus is on employees to align themselves to emerging technologies, says IBM India’s HR headSkills which were relevant twelve to eighteen months ago are not relevant now - the bottom line is that change is going to be constant, say...
- Companies feel layoffs can also pay off in hiring processCompanies say they are not wary of people who come with a justified reason for layoff as it stands as a testimony to a candidate’s resilien...
- Old is not so gold: Silicon Valley apprehensive about people over 40 yearsMark Zuckerberg summed up the Valley ethos at age 22, when he told a Stanford audience, “Younger people are just smarter.”
- 2015: The year at a glanceCampus placements were stellar and star recruiters rolled out the red carpet for potential employees with attractive salary packages.
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