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COMPANY THAT HAS NEVER LAID OFF EMPLOYEES
As Microsoft offers buyouts to 60,000 employees, a tech leader explains the hidden risks of such a large-scale offerMicrosoft's voluntary buyout offer to around 60,000 employees has led a technology advisor to flag two risks companies may overlook when ex...- Microsoft buyouts: Which 60,000 employees in the US, UK and Canada qualify, benefits, severence package and more. Read the full memoMicrosoft buyouts: Microsoft is offering voluntary buyouts to eligible employees in the US, UK, Canada and India. Employees have until earl...
- Kia Sonnet diwali bonus to employees: Pharma company CEO gifts cars to workers for the fourth consecutive yearWhile layoffs and cost-cutting put jobs under pressure, a Chandigarh-based company has gifted four Kia Sonet SUVs to loyal employees. The i...
- No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employeesAs Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says busin...
- Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers ...
- What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
- Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI pushRecent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technolo...
- Why Walmart would rather keep Flipkart private, for nowOver the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for...
- Not low performance or unprofessionalism, Bengaluru man shares bizarre reason why his manager asked him to resign: ‘I haven’t done anything…’A Bengaluru-based programme manager shared a shocking reason why he was asked to resign by his new manager – not bad performance or slackin...
- ‘I hope you never return… ’: Employee resigns. His former manager’s message to him goes viral. Netizens react: ‘Rare W…’A post about a former manager who reached out to a former employee has become viral on the subreddit Indian Workplace. The manager, though ...
- Microsoft buyouts: MSFT stock price jumps but why is tech giant offering massive 'voluntary exit' package for 60,000 employees, including VP level? Check which countries workforce impactedMicrosoft, Amazon, Alphabet and Meta are collectively on track to pour roughly $700 billion into AI data centers, chips and computing infra...
- Farmer who borrowed Rs 10,000 found hanging in Nanded finance firm's office; 3 booked for murderChandrakant Shinde, a farmer from Malkoutha village, was found hanging inside Khalsa Finance's office after a loan dispute. Allegations fro...
- Palantir says it cannot shut off NATO AI system as Europeans fear US tech dependencePalantir has proactively responded to European concerns about its military AI system by confirming there is no kill switch in place. This s...
- The Netflix story: Job cuts, exits, sinking stock, and the battle for viewership. A plot twist that isn't on screenNetflix faces a turbulent chapter as it grapples with stagnant subscriber growth and a notable drop in viewing hours. Recent high-stakes re...
- Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
- BioWare games shutdown: Why is Electronic Arts-EA closing, laying off employees of video game developer? What will happen to Mass Effect 5, Marvel's Iron Man, Star Wars Jedi?BioWare games shutdown: EA also said it was restructuring the team behind skateboarding simulation "skate." into a smaller, more focused st...
- Netflix issues weak fourth-quarter forecast, shares dropThird-quarter revenue rose 11.8% to $12.87 billion, in line with Wall Street forecasts, but the lowest rate of increase in nearly three yea...
- Former Google CEO Eric Schmidt owns 1% stake in Anthropic: ReportIn its IPO prospectus seen by Reuters in September, Anthropic laid out a vision that AI will transform the global economy more profoundly ...
- Manager who has a habit of making ‘quick chats’ into 45-minute monologues told employee to ‘smile more’ who never missed a deadline; worker with a toddler at home asks if they should go to HRA manager’s “quick chats” about an employee’s attitude reportedly stretch from 15 minutes to 45-minute lectures, despite the worker never m...
- Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
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