Austria-based Bajaj Mobility AG (formerly PIERER Mobility AG) is the holding company of the KTM Group, one of Europe's leading motorcycle m...

Alphabet, Google's parent company, cut 12,000 jobs, or about 6% of its global workforce, at the start of 2023. Meta laid off more than 10,0...

The layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.

The Shell Inventory Optimizer leverages artificial intelligence (AI) to enable companies to optimise warehouse inventory levels based on hi...

Close on the heels of Vinod Dasari’s resignation as chief executive of Royal Enfield, the maker of the Bullet motorcycles may potentially s...

Nokia employs some 15,000 people in India. It has two centres — in Chennai and Noida — for global service delivery, a manufacturing unit in...

As the carmaker hits a decade-low profit, it has taken a decision to fire about 12,500 workers globally.

A spokeswoman for Ericsson India said the relocation is not related to any change in staff strength but is more to do with the need for ren...

The Texas-based computer hardware and services provider plans a significant rightsizing exercise for its international services business he...

Next two years are going to be challenging for Tata Steel but it will emerge stronger after a host of initiatives including "right-sizing o...

HSBC is currently investing significantly in India as a growth market and at the moment looking for talent for hiring across verticals and ...

In view of a possible economic slowdown, companies are realising that right-sizing is on the cards and are resorting to outplacement.

Outplacement trend is back in the domestic market as many companies are roping in third party consultants to find new employment for the la...

With demand stagnating in western markets and pressure to expand into China, India and other major emerging markets intensifying, internati...

Corporates are getting better people at existing pays or even lower packages as dipping sales, poor performance by companies & layoffs have...

Morgan Stanley, the second-biggest US investment bank, has started cutting about 1,500 positions in the US to trim expenses amid further ma...

The largest hiring is expected from CSC. The company has drawn up plans to increase its headcount by 16,500 in the next two years.