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CORPORATE OUTPLACING
AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...- Atlassian layoffs: 10% of total staff to be affected in AI pivot; 16% of those impacted are in IndiaAtlassian layoffs India: Atlassian layoffs IndiaThe company said 40% of affected employees are in North America, followed by 30% in Austral...
- US layoffs jump 205% in January, hitting 17-year high driven by UPS, AmazonPlanned layoffs soared 205% to 108,435 last month, global outplacement firm Challenger, Gray & Christmas said. That was the highest reading...
- AI the big disruptor: More than 153K US layoffs in October, a million since JanuaryCompanies announced 153,074 job cuts last month, almost triple the number during the same month last year and driven by the technology and ...
- Cost cutting, AI lead to surge in planned US layoffs in OctoberLayoffs announced by US employers surged in October as companies sought to cut costs and embrace artificial intelligence, marking the highe...
- Amazon layoffs: Online retail giant reduces corporate job cuts to 14,000? Here is the truthAmazon teams and individuals impacted by the job cuts will be notified on Tuesday. Most workers will be given 90 days to look for a new pos...
- Outplacement business booming amid tech, startup layoffsAmid widespread layoffs in the technology and startups sectors, outplacement firms are experiencing a surge in demand as companies seek ass...
- How companies say ‘layoffs’ without saying ‘layoffs’A lexicon to describe layoffs euphemistically became more common in the late 1980s and 1990s as job cuts were normalized, according to Such...
- Zoom to lay off about 1,300 employees or 15% of total workforceTo those affected by the layoffs, Zoom will offer — up to 16 weeks’ salary and healthcare coverage; payment of earned FY’23 annual bonus ba...
- Mahindra to shut Pininfarina Engineering as part of strategy to exit loss-making venturesThe decision to liquidate Pininfarina Engineering came after it incurred losses to the tune of € 150 million (Rs 1,340 crore, approx.) afte...
- RiseSmart looks to hire 100 employees in PuneThe organisation has recently expanded its offices with a move to a 20,000 sq.ft space and plans to hire 100+ employees in the next few mon...
- Cargill to outsource IT infra operations to TCSThe deal by the Minnesota-headquartered firm with TCS will affect 900 jobs worldwide and the transition will be completed in the next 6-9 m...
- Uninor saves 100 direct staff jobs post scaledown in 4 circlesUninor, a JV between Norway’s Telenor and property firm Unitech, has absorbed about 100 of the 400 direct staffers whose jobs were on the l...
- Hewlett-Packard may trim as many as 30,000 jobs: ReportHewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate hist...
- Sony Ericsson to close Chennai unitEven as global economic crisis is showing signs of a recovery, mobile handset maker Sony Ericsson said it plans to close four of its centre...
- Sony Ericsson to wind up Chennai R&D centre, 3 other units globallyEven as the global economic crisis is showing signs of recovery, mobile handset maker Sony Ericsson said it plans to close four of its cent...
- Job cuts in US fall in May, but may rise after summer: ReportJob cuts announced by US employers fell for the fourth consecutive month in May to over 1.1 lakh, recording a 16 per cent dip from layoffs ...
- Western Union to eliminate 200 jobs worldwideMoney-transfer agent Western Union Co. says it will eliminate some 200 jobs around the world, including management and staff, as a result o...
- IT firms face hiring woesAs the first quarter results for FY09 start pouring in from IT companies, starting with Infosys Technologies on July 11, expectations on th...
- IT biggies unlikely to announce big recruitment numbers in Q1As the first quarter results for FY09 start pouring in from the IT companies, the expectation on the HR front would be very muted. How to s...
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