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EMPLOYEE RETRENCHMENT
Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....- Employees terminated for business reasons are entitled to compensation and re-skilling funds under New Labour CodeNew central government rules under the Labour Code offer significant benefits to employees facing job loss due to business reasons. These w...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- Withdraw EPF through UPI soon as government completes testingEmployees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface...
- Cisco shares hit record on strong forecast, AI push with job cutsThe jump, if sustained, would mark the best day for the stock since a robust earnings reports in May 2002 sparked a furious rally in the ...
- Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...
- Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...
- Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
- Why Strong Performers Are Not Always Safe When Companies Cut JobsEmployees often believe good performance ensures job security, but company layoffs are driven by business needs, not individual merit. Stra...
- From ₹40 Lakh Pay to Rapido Driver: Techie who bought ₹1.4 cr flat 2 year ago now struggles to pay ₹95k home loan EMI after layoffA former techie, once earning ₹40 lakh per annum salary, now drives a bike taxi to manage a ₹95,000 monthly home loan EMI after losing his ...
- Laid off by Oracle? Here’s how to calculate your severance pay and legal entitlementsIn India, many employees who laid-off by their respective companies remain unaware of their legal rights. The article clarifies notice peri...
- EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisio...
- Laid off or lost your job? Use 75% EPF amount while rest 25% compounds @8.25% - Check EPFO withdrawal rules in case of unemploymentWhile members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there ...
- Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
- Oracle layoffs 2026: US IT firm sent brutal 6 am emails, 12k jobs in India hit; another round likely soonOracle layoffs 2026: US-IT firm Oracle has laid off approxiametly 30,000 employees and sent brutal 6 am emails on Tuesday, which stated tha...
- Oracle Layoffs 2026: Here's what the early morning termination email read, severance packages, worst-hit departments and moreOracle layoffs 2026: US-IT tech giant Oracle, chaired by billionaire Larry Ellison, has approximately fired 30,000 employees globally and a...
- What employees lose when forced to resign instead of being fired by employerThese days when a employee is fired from the job, the company asks them to tender resignation. However, when an employee is forced to volun...
- Lost your job or taking VRS? Here's how the severance payout will be taxedDownsizing—be it by a startup or a global giant—is no longer a rarity. Understanding the tax implications of the severance package can come...
- Do not let a pink slip leave you depressedEven if lay-offs are becoming increasingly common in an age of economic downturns, M&As and the like. But stressful as it is, the trick is ...
- Perot Systems retrenches 100 employeesIT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently announced initiative to...
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